Search results
Results from the WOW.Com Content Network
Americans renounce their citizenship for any number of reasons. Some, like Lehagre, have no actual ties to the U.S. beyond their parents. ... for the wealthy, there are citizenship by investment ...
Why the rich are leaving the U.S. ... For this reason, some Americans with golden visas actually renounce their U.S. citizenship. It could also be challenging to buy real estate, invest in a ...
Under Department of Energy guidelines, an action that shows allegiance to a country other than the United States, such as a declaration of intent to renounce U.S. citizenship or actual renunciation of citizenship, demonstrates foreign preference and thus is a ground to deny a security clearance. [186]
"With political divisions and societal tensions at an all-time high, American investors, entrepreneurs, and wealthy families are increasingly hedging their bets and pursuing backup citizenship or ...
Eventually, his belief in liberation theology would lead him to naturalize as a Honduran citizen in September 1974 and then renounce U.S. citizenship as a gesture of support for landless peasants and a measure of protest against the United States' influence in the country. Despite his naturalization, he was deported from the country in 1979 ...
A total of 2,999 Americans renounced their citizenship in 2012–2013; [36] in 2014, 3415 have renounced their USA citizenship or long term residency. [37] The State Department estimates 5,986 renunciants and 559 relinquishers during FY2015. [38] Renunciations rose to a record of 6,707 in 2020, up 237% from the year before. [39]
Over the past few years, more and more Americans have been renouncing their citizenship altogether. Anti-immigrant, anti-Semitic, and anti-LGBTQ sentiment are major drivers, as is the erosion of ...
The Ex-PATRIOT Act was a proposed United States federal law to raise taxes and impose entry bans on certain former citizens and departing permanent residents.The law would automatically classify all people who relinquished U.S. citizenship or permanent residence in the decade prior to the law's passage or any future year as having "tax avoidance intent" if they met certain asset or tax ...