Enjoli Saverin has covered Eduardo Saverin’s expatriation, and in the process, has given the Isaac Brock Society the spotlight.
Peter Dunn, a popular blogger who gave up his U.S. citizenship, said the expatriates he spoke to were mostly standard middle-class U.S. citizens who were ready to retire or who had retired abroad. He said because of these “invasive” rules, they now feared substantial penalties from not reporting their finances correctly.
Born in Chicago, he moved to Canada in 1986 as a graduate student and later married a Canadian woman. He eventually settled in the Toronto region.
A researcher and blogger for the Isaac Brock Society, a website for Americans abroad, Dunn said that although he’d rather have had dual citizenship in the U.S. and Canada, he said he felt taken advantage of by the U.S., just one of two countries that taxes its citizens even when they live and work in another country. He said he also did it to protect his wife, with whom he has bank accounts.
Our friend Phil Hodgen also makes an appearance.