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by eropple 1374 days ago
Yeah, that's the price of retaining your American citizenship, which is among the most valuable in the world to have if you ever have a "I need to call my consulate" problem. But you don't have to retain your American citizenship--there are a lot of countries out there!

Granted, that's assuming you're a valuable enough contributor to society that you'll find another country interested in taking you, one that won't similarly have expectations around "people in a society should pay taxes", but that's a you problem.

1 comments

It’s really hard to get rid of American citizenship.
It's not that tough. You just need another citizenship, $2_350 to pay the renouncement fee, and an appointment at a USA consulate/embassy to formally renounce. You also need to pay an exit tax if you have a net worth of $2 million+.