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by rramadass 1568 days ago
Don't! That passport has tremendous value.

It will be a huge Opportunity Loss. Plus the way the world is shaping up, you will be better off with the country's Economic/Financial/Military Systems behind you.

4 comments

Can you please explain how the US's E/F/M systems will be behind the poster?

What support can he expect? under what circumstance? (hint-- it might be less than you think)

Totally depends on what your other passport is.

If you can replace your American passport with a Canadian, Australian or Singaporean passport, it's not too bad: people from these countries have an easy time getting a visa to work in the US. [0] All while not being subject to American taxes while outside the US.

> Plus the way the world is shaping up, you will be better off with the country's Economic/Financial/Military Systems behind you.

Eh, it's a two-edged sword. On this aspect you are probably better off with the passport of a country that's clearly in the Western sphere, but also one that no-one actually hates. Think Canada or Switzerland.

[0] Though I don't know how well that works for former citizens?

Counterpoint: having a US passport has made securing banking very difficult as a lot of places don't want to deal with the IRS. It's been impossible for me to get an account on a local currency crypto exchange well because they don't want to deal with the FTC rules. The last one I looked at, their FAQs included a special place to upload your US citizenship renunciation forms. A US passport puts you an a lot lists with Syria, Yemen, Iran, etc. (and one could easily argue the US as a terrorist country).
Can you express the value in dollars?