[Scoundreller]

Plenty of expats have gotten more US stimulus cheques than they’ve paid in US taxes.

But it doesn’t make up for the dozens of hours of paperwork and careful tip-toeing on investments and other garbage.

Just an FYI: one hiccup I heard of giving up your US citizenship is that banks didn’t recognize you could be born in USA but not a US citizen.

[kingosticks]

> Just an FYI: one hiccup I heard of giving up your US citizenship is that banks didn’t recognize you could be born in USA but not a US citizen.

I had this issue just last month with a UK financial institution (Raisin). I tried to explain it but they obviously were not interested. I actually still have my citizenship (I'd love to renounce but that's currently impossible) but I felt it was worth pointing out their policy was unnecessarily discriminative.

[mikhailfranco]

Their responsibilities under FINCEN/FATCA are not prove anything, but just have suspicion or some reason to think you might be a "US Person" (not just US citizen, but US resident, or various other special situations).

Of course, the US claims to extra-territorial jurisdiction, and bullying of global financial institutions to enforce their crazy inter-planetary tax system, are totally preposterous.

Elon - renounce before blast-off!

[rolandog]

Not to mention, that there are countries that ask you to renounce your other citizenships when taking theirs (Dutch citizenship comes to mind).

[BrandoElFollito]

When opening accounts in the EU you are asked if you are a US citizen.

You then answer no and that's all, they do not check further.

There may be a check against the form element "place of birth" but I doubt so.