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Most countries don't tax their citizens abroad though, so there's no real necessity to give up citizenship. The US charges far more to give up citizenship than
by Diggsey 6y ago
Most countries don't tax their citizens abroad though, so there's no real necessity to give up citizenship.
The US charges far more to give up citizenship than most other countries, and requires you to pay any outstanding tax before you can do so. For some people that is just not possible. What exactly are they supposed to do now that they can't access any financial services?