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by __d
1573 days ago
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What other passports do you have available? The US tax obligations are onerous, but being a US citizen means good no-visa access to lots of places, and somewhere to return to if you want to. Establishing a "reason to leave" when visiting the US might mean you need to buy a house elsewhere if you do renounce. |
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To use the article's own example, if you had an Irish passport I wouldn't see a lot of reason to keep hold of a US one (unless, of course, you did want to live or work in the US) - sure, in the event that you suddenly want to go to Equatorial Guinea some time, it'll cost you $200 and a bit of bureaucracy. But you'd make that back in the first year or two of not being subject to US taxation.