[TFNA]

Your Dutch citizenship doesn’t come with an obligation to laboriously file taxes to your home country even if you live abroad, and you are in no risk of being denied a bank account in any EU country. This is something US passport holders uniquely have to deal with, hence the phenomenon of dual citizens renouncing the US citizenship.

[retired]

Having to file taxes in my home country would be worth keeping my citizenship. The bank accounts aren’t a big issue, plenty of Americans in the EU seem to manage.

This article is about people renouncing citizenship based on the current administration. That is very short sighted.

PS: The Dutch government can still tax my assets, regardless of the 183 days rule. So there is a risk to me for keeping my passport.

[TFNA]

> Having to file taxes in my home country would be worth keeping my citizenship.

OK, but what if each year you had to pay hundreds or thousands of dollars (that you maybe don’t even have) to an accountant, because complicated paperwork is demanded of you? What if you got audited and then were required to pay for very expensive authorized translation into English of very many pages of financial documentation?

> The bank accounts aren’t a big issue, plenty of Americans in the EU seem to manage.

People manage until they don’t. Expats do get debanked. Sometimes American passport holders are limited to a single bank in a country, and its offerings aren’t the best for the type of customer they are. Very often a bank will allow Americans to open an account, but will bar them from many types of services like investments for retirement.

> This article is about people renouncing citizenship based on the current administration.

That is the spin that The Guardian puts on it, because politics make the story sexy. But the statistics of citizenship renunciation that the article cites are mainly motivated by the hassles of being a US citizen abroad, not just bitterness towards Trump.