I’d imagine if you leave and have no intention of returning revoking your citizenship is a good move. A lot of people bring up the “advantages” but with the coming state of the world I doubt it will have much advantage for more than two decades.
But yeah, I agree with you. It really depends on the field of work you’re in, in all honesty. I don’t know their field or if they work at all; disability doesn’t automatically mean someone isn’t working either that be over the table or not.
i mean theres also no disadvantage to keeping it whatever country u move to will almost certainly have a higher tax rate than the federal tax rate so its not like u loose anything. Renouncing ur citizenship is mostly a symbolic thing anyways, some countries dont even let u do it.
I’d imagine if you leave and have no intention of returning revoking your citizenship is a good move. A lot of people bring up the “advantages” but with the coming state of the world I doubt it will have much advantage for more than two decades.
But yeah, I agree with you. It really depends on the field of work you’re in, in all honesty. I don’t know their field or if they work at all; disability doesn’t automatically mean someone isn’t working either that be over the table or not.
I left the US a long time ago and haven’t renounced citizenship
i mean theres also no disadvantage to keeping it whatever country u move to will almost certainly have a higher tax rate than the federal tax rate so its not like u loose anything. Renouncing ur citizenship is mostly a symbolic thing anyways, some countries dont even let u do it.
Honestly, fair enough. It’s just that even if you WANT to renounce it is expensive.