“Banks around the world are turning away US passport holders, ‘No bank account for you!’ But you don’t even have to do anything wrong other than having been born a US citizen.  Decades ago holding a US passport was a ticket to worldwide opportunity.  Today it is nearly the opposite. First it started with the erosion of the US’s reputation as a bastion of freedom. Then, legislation-after-legislation made it nearly impossible to do business with US persons as the nation became increasingly paranoid and fixated with raising funds.  Faced with draconian penalties, countless banks worldwide are deciding it is easier and safer to just turn away all US customer business.”

http://dollarvigilante.com/blog/2014/3/25/us-citizen-no-foreign-bank-account-for-you.html

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