HONG KONG, CHINA (Catholic Online) – As Americans live and work overseas, they find themselves facing onerous tax reporting requirements designed to crack down on tax evaders. However, the paperwork and reporting requirements are exhausting.
For a few Americans, it is easier to renounce their citizenship and escape the burden.
Also, from Jamaica:
Growing number of Americans giving up US citizenship
…US embassy in Kingston said it could not provide such figures as it wasn’t the Department of State that maintains statistics on renunciations and relinquishment of citizenship.
It said, too, that it couldn’t comment on the reasons people choose to renounce their citizenship as these were “individual and personal decisions”.
“A person who renounces US citizenship may, but is not required to, disclose his/her motivation for doing so,” the embassy told the Jamaica Observer by e-mail.
It explained that the Federal Register lists included persons who made renunciations in the presence of a consular officer, as well as those who lost citizenship by “performing another potentially expatriating act voluntarily and with the intent to relinquish US citizenship”.
“For example, if a US citizen voluntarily naturalises in another country and affirmatively represents to a consular officer that this was his/her intent to relinquish US citizenship at the time he/she naturalised, he/she would lose his/her US nationality and would be listed in the Federal Register”…