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News:News Commentary
Understanding Why People Renounce US Citizenship: The Perspective Of A Man In His Twenties
January 14, 2022 - Participants Include:
John Richardson - @Expatriationlaw
Max - A former US citizen residing in Germany
The value of US citizenship depends largely on your age. As a general principle, I believe that the value of US citizenship is inversely correlated with age. US citizenship is more valuable to younger people who are in the process of building their careers. After all, there are many job and career opportunities in the United States. The younger you are, the more valuable US citizenship is.
As of late, I am seeing more and more people in their twenties considering renouncing US citizenship. After "tweeting" this trend, Max (a resident of Germany) contacted me and expressed his willingness to explain his reasons for renouncing.
This podcast is a very lucid description of why middle class people living outside the United States are renouncing US citizenship. I suggest that it be spread far and wide!
A special thanks to Max for sharing!
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