Wealthy Americans Renouncing their Citizenship to avoid High taxes


US passposrtJNN 15 Feb 2013 Washington : Angry about the latest tax hikes? Each year, thousands of Americans pack their suitcases, rip up their US passports and move permanently overseas to prevent Uncle Sam from taking their money. Continue reading

Facebook co-founder renounces US citizenship on the eve of IPO , Says Good Bye Uncle Sam


JNN 12 May 2012 Singapore : Eduardo Saverin will be doing a lot of long-distance poking from now on — and probably won’t be giving the thumbs-up “like” to Uncle Sam. The billionaire co-founder of Facebook, Inc. has renounced his US citizenship. Continue reading