Consequences of Giving up U.S. Citizenship

U.S. laws require U.S. citizens to pay taxes on their world-wide income, irrespective of where they live. You will be taxed on your world-wide income even if you live in a foreign country, as long as you are a U.S. citizen. This makes wealthy U.S. citizens renounce their citizenship as they feel that they are unnecessarily …

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U.S. Citizenship

Can I Become a U.S. Citizen? You can become a U.S. citizen either by birth or through naturalization—the process undergone by persons not born in the United States who wish to become U.S. citizens. Immigrants who wish to undergo the naturalization process and receive U.S. citizenship must file an N-400 Application. However, Individuals who wish …

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