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by seanmcdirmid 1574 days ago
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.
1 comments

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