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May 22, 2012

Could Renouncing US Citizenship Become Business as Usual?

It's no wonder that many long term US expats would prefer to take on another citizenship. So far, the US hasn't looked kindly on individuals who have made such a decision. Recently, Senators Casey and Schumer have gone as far to suggest that the penalty for citizens leaving the USA for tax reasons would be a lifetime ban from re-entering. Sounds like a thought crime.