have many clients who have given up their US citizenship. I would just on the phone with one client who is renouncing later this year. All said it was the best decision they ever made.
I'm fascinated by this from a psychological perspective. In thinking about this post over the weekend, I've really started asking myself a number of questions I hadn't really considered: what do I get for my US citizenship? If I could put aside the nationalism and pride, would a wealthier me in another country be better than a poorer me in the US? Why aren't more successful (wealthy) people renouncing their citizenship, especially since they can afford to travel whenever they want, and likely own property all over the world already?
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