• nodsocket@lemmy.world
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    1 year ago

    There’s no benefit to losing American citizenship. Why would you want to renounce it?

        • Bluetreefrog@lemmy.worldM
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          1 year ago

          The United States is one of only two countries that taxes based on citizenship, not place of residency. That means it doesn’t matter where you hang your hat — if you’re legally a U.S. citizen, you have a tax obligation to the U.S.

        • pascal@lemm.ee
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          1 year ago

          American passport is one of the few that still demand taxes even if you never been to the US for ages, look it up.

    • NuPNuA@lemm.ee
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      1 year ago

      Taxes, Boris Johnson gave up his citizenship as he didn’t want to pay tax on a country he didn’t actively reside in. I always thought that was kind of ironic given half the reasons for independence were due to paying tax to a foreign power.