Yes, there’s an exit tax but after that I don’t think you’re correct. And if the difference in costs of that tax and say, a tax rate in the Caribbean…
Like, your businesses etc will still get taxed but and corporate taxes are different from taxing bilionaires etc and have a different set of implications.
For the US, renouncing citizenship is already taxed, and getting additional citizenship doesn’t eliminate your US tax obligations
Yes, there’s an exit tax but after that I don’t think you’re correct. And if the difference in costs of that tax and say, a tax rate in the Caribbean…
Like, your businesses etc will still get taxed but and corporate taxes are different from taxing bilionaires etc and have a different set of implications.