this post was submitted on 19 May 2025
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This is news to me and so fucked up for a country that considers itself “land of the free”. I hate it here.
If you want to renounce your US citizenship to get away from that onerous requirement, you have to pay a fee (about $2k) and also get screwed on a lot of US taxes on investments (forcing you to treat all capital gains as realized, for example). Part of my definition of freedom is that you don't have to pay someone money for permission to leave.