No I did not renounce my US citizenship. You are required to pay all unrealized capital gains taxes to do that.

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Oh. ... so you are a legal alien somewhere :-) ..

btw ..that also means you have not immigrated in true sense. .. may be a long term - stay in tourist !

.. and that explains why there is no economic motive in your case. ..

What makes you think I do not have dual citizenship? You make a lot of assumptions.