“In the case of Saverin, he was already living in Singapore and did not have deep ties to the U.S. because he hadn’t been here very long. In his case, the financial benefits were clear: he would’ve paid a 35% federal tax rate in the U.S. in addition to 15% on capital gains, while in Singapore his tax rate would be  20% at most and no capital gains tax. So how would your tax burden stack up? If you earn $1 million a year, that’s almost $396,000 you’re keeping in your pocket (based on the top 39.6% income tax rate) if you said goodbye to the U.S. and took up residency in a place like Monaco, which doesn’t tax income at all.”

http://finance.yahoo.com/news/should-you-renounce-your-citizenship-144048875.html

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