It actually costs a great deal more than that. You have to pay 5 years of expected future taxes upfront, in addition to the processing fees. This can be an enor

It actually costs a great deal more than that. You have to pay 5 years of expected future taxes upfront, in addition to the processing fees. This can be an enormous sum, depending on your income sources. If you just have a regular job and no investments, it is easily more than a whole year's salary. It is insane. In Norway, you generally have to renounce your prior citizenship to get Norwegian citizenship, but they consider it such a financial burden here to renounce US citizenship that they sometimes let you keep it (varies by individual situation).