Check out our article on 4 Reasons People Renounce US Citizenship:
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How to Renounce your US Citizenship: The Ultimate Guide:
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As many as 30,000 citizens living abroad have been unable to secure a 'loss of nationality' interview during 2020.

Why people are leaving the USA? Because the last two years were an eye-opener year for many people who realized that their government isn't doing as much for them as they thought. So what is the value of your citizenship? When your passport is not as good as you thought, your freedom is being curtailed, and you're paying a lot of taxes? So people started seeking more freedom, and of course, the government didn't want you to leave.

In this video, Andrew shares an article about how "Americans seeking to renounce their citizenship are stuck with it for now."

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00:00 Start
00:32 Renunciation of U.S. Nationality
06:40 Why People are Leaving the USA
08:14 What Are the Disadvantages of Giving up U.S. Citizenship?
10:46 Federal Government of the United States
12:08 Renunciation of U.S. Nationality Abroad
14:24 Living in the USA

Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best".

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Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle.

Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available. In addition, we've spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.

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DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.

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