Severing ties with the US can take more than a year and cost thousands of dollars. But Paul, Ella, Margot and thousands of others feel they have no choice
There’s a lot I didn’t know about the process. It’d be interesting to get the view of US members of this community.
Not sure I understand the point here. Banks in Europe ask about the citizenship and you’re free to say No and there will be no issue opening an account. Assuming you have another passport, which everyone renouncing their citizenship must have anyway to not end up stateless.
The tax obligation can be ignored as well, I know plenty Americans abroad who haven’t filed in years but continue to vote from abroad. If needed you can make up with the IRS, but once the citizenship is gone, it’s gone.
The only reasonable explanation I see is the guy working a government job where the US passport could be considered a security concern. But this small minority should not lead to queues.
If the banks don’t know their customer is US citizen I doubt they report anything. If you have evidence of e.g. German banks sending their customer data to the US you’d have a big story on your hands.
Not sure I understand the point here. Banks in Europe ask about the citizenship and you’re free to say No and there will be no issue opening an account. Assuming you have another passport, which everyone renouncing their citizenship must have anyway to not end up stateless.
The tax obligation can be ignored as well, I know plenty Americans abroad who haven’t filed in years but continue to vote from abroad. If needed you can make up with the IRS, but once the citizenship is gone, it’s gone.
The only reasonable explanation I see is the guy working a government job where the US passport could be considered a security concern. But this small minority should not lead to queues.
Most banks will report your account to the US regardless.
If the banks don’t know their customer is US citizen I doubt they report anything. If you have evidence of e.g. German banks sending their customer data to the US you’d have a big story on your hands.
i think there’s a lot of days sharing.