Renouncing American citizenship will become increasingly common in the coming years.
Discussion
I hear there is an exit tax on that too?
Seems like 20% of your net worth
Insane
I have a friend in Spain who told me once that you're still obliged to report to the IRS even if you live abroad. Exit tax and reporting back though you don't even live there is absurd.
Lol. They can try...
I have. When the economy tanked in 2022 I got below the exit tax threshold and left without paying any exit taxes.
out of interest, what's the threshold?
"Citizen-ship" is a shitcoin.
The real value will have only the sovereign individuals. Learn how to take back your sovereignity.
Read more, why some words contain the ending "-ship". It came from the Maritime law.
Definitely! I wish this would be an option 👇 
Sad that Bitnation rugged in the end. They were on a good path for a while. These passports were literally legit.
https://steemit.com/bitnation/@bitnation/bitnation-diplomatic-passport-faq
then u have NOT seen last 10years of stats yet - some dept. making back logs as high like getting green card.
nobody want their golden goose runaway like that
I've thought about it more and more.
Working on it now.
If you make no income in the US it is stupid to have a passport.
It’s stupid to have it even with income ! Your business outside of the country is also fucked