Why Thousands of Americans are Renouncing Citizenship

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In this episode, we cover a survey finding that more Americans are renouncing their citizenship and thousands are doing so annually. We go over individual cases of renunciants detailing why they gave up their US passports. Mr. Henderson also shares his own experience with renouncing US citizenship and clears up misconceptions about the cost of doing so, the ease or difficulty of the process, and how one can return to the USA after relinquishing the passport.

Nomad Capitalist helps clients "go where you're treated best." We are the world's most sought-after firm for offshore tax planning, dual citizenship, international diversification, and asset protection. We use legal and ethical strategies and work exclusively with seven- and eight-figure entrepreneurs and investors.

We create and execute holistic, multi-jurisdictional Plans that help clients keep more of their wealth, increase their personal freedom, and protect their families and wealth against threats in their home country.

No other firm offers clients access to more potential options to relocate to, bank in, or become a citizen of. Because we do not focus only on one or a handful of countries, we can offer unbiased advice where others can't.

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DISCLAIMER: The information in this episode 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.