[bryanrasmussen]

The one example of someone who maybe should renounce their American citizenship, Boris Johnson, and who in fact did renounce it https://www.theguardian.com/politics/2017/feb/08/boris-johns... was not a digital nomad.

So hey if you have a citizenship somewhere else that is among one of the cool, slightly respecting rights of citizens countries in the world, and you never want to go to the U.S because reasons (including never wanting to work there - which seems weird given your digital nomad lifestyle) go ahead, renounce it.

[seanmcdirmid]

There are plenty of accidental Americans who don’t even realize they are citizens. Also, if you have concurrent Chinese citizenship, you are supposed to renounce one or the other when you turn 18. Pricey, since renouncing citizenship doesn’t come cheap, but at least you’ll avoid the wealth tax if you don’t have any yet. This will be an issue in 10 or so years considering the anchor baby trend in the last decade or so.

[packetlost]

Wait, renouncing citizenship isn't just signing some documents? WTF?

[seanmcdirmid]

Not for Americans. You have to pay a few thousand dollars first, and then the wealth tax.

https://www.forbes.com/sites/robertwood/2015/10/23/u-s-has-w...

[robertlagrant]

> one of the cool, slightly respecting rights of citizens countries in the world

Presumably they are easy to spot due to the mass emigration.

[SoftwarePatent]

The article also talks about Eduardo Saverin, born Brazilian, become American, then renounced in favor of Singapore.

[bryanrasmussen]

I'm not sure I am convinced that Saverin should have renounced, I think that decision may end up a modern example of Solon's advice to Croesus, but maybe that is just my western liberal prejudice against Singapore coming through.

[krageon]

> my western liberal prejudice against Singapore

What is there to be prejudiced against for Singapore? It is a singularly good place to live by basically every metric an actual human being could care about. Low crime, clean, high resident satisfaction, good schools, etc.

[bryanrasmussen]

hmm, well there we can see I was wrong, I just went to look at https://en.wikipedia.org/wiki/Democracy_Index I was sure Singapore was registered as a Hybrid regime but I can see it is listed as a flawed democracy, if that's correct and I guess I'll assume it is as I'm not planning to move there anyway then there isn't a reason to hold anything against them, given that very few countries are better than flawed Democracy.

on edit: still criminal system seems overly harsh.

[CryptoPunk]

He saved a massive amount on capital gains tax, and any possible wealth tax that might be created in the US in the future.

[bryanrasmussen]

yes, I'm aware of his wealth, hence my referring to Solon and Croesus.

[CryptoPunk]

Ah, gotcha