“For those who didn’t wish to renounce their citizenship, there was a second option: relinquishment. Tina Turner did this but taking Swiss citizenship – something that took her well over a decade to get – with the intention of giving up her American passport.  It’s a bit of a semantics game, but it has worked for some folks. However, the US – with all of its nearly $20 trillion in debt – has caught on to yet another loophole by the ‘evil rich’, and has recently increased the fee for processing a citizenship relinquishment from $0 to the same $2,350 that renunciation costs.”

http://nomadcapitalist.com/2015/11/16/renounce-fee-relinquish-us-citizenship/

Did you like this?
Tip Freedomwat.ch Staff with Bitcoin

Donate via Installed Wallet Copy