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People with green cards or citizenship are subject to the same unique worldwide citizenship-based taxation scheme that the US has. You will have to revoke your
by mahyarm 13y ago
People with green cards or citizenship are subject to the same unique worldwide citizenship-based taxation scheme that the US has. You will have to revoke your green card anyway to escape it so I would just get the citizenship since you can renounce it later with a somewhat more involved process. You can be subject to an exit tax if your 'rich enough' when you revoke your green card or citizenship. Something like $150k annual income for 5+ years or $2+ million in assets. Research it yourself, etc.