Singapore doesn’t do PR? Japan doesn’t allow dual citizenship either but basically the only thing you gain over PR is voting rights. If you make good money (over $100000) you have to pay some taxes back to the US but otherwise you only have to pay one country.
I had PR before citizenship. I wanted citizenship. Even if you don’t have to pay (aka you don’t exceed the maximum exclusion), you still have to file a US tax return.
Back in college I knew a guy who had everything right up to citizenship and it cost some amount and he was contemplating if it was worth it and I was mentioning this very scenario we have in the us now on why it would be good to be a citizen.
Why did you renounce?
To acquire Singapore citizenship (dual not allowed). Not having to file / pay US tax while living abroad is nice too.
Singapore doesn’t do PR? Japan doesn’t allow dual citizenship either but basically the only thing you gain over PR is voting rights. If you make good money (over $100000) you have to pay some taxes back to the US but otherwise you only have to pay one country.
I had PR before citizenship. I wanted citizenship. Even if you don’t have to pay (aka you don’t exceed the maximum exclusion), you still have to file a US tax return.
Back in college I knew a guy who had everything right up to citizenship and it cost some amount and he was contemplating if it was worth it and I was mentioning this very scenario we have in the us now on why it would be good to be a citizen.