Quote from Angrycat:
Singapore is on my list. Ireland is sort of backsliding right now.
Austria is another. Of course there are places like St. Kitts which are tax havens and which will give you instant citizenship if you invest in the country.
The thing is that it almost doesn't matter where you get citizenship - as long as it's not here. North Korea and the United States are the only countries that tax their citizens living abroad. So, you could have French citizenship (France's top marginal tax rate will soon be lower than America's) and live in a tax Haven like the Virgin Islands, trade from there and pay their ridiculously low tax rate (4%, is it?).
Meanwhile, the U.S. is already ruining any citizen trying to escape the massive tax burdens it imposes on them by going after tax shelters with ruinous penalties and jail time.
Already America makes it very difficult to give up American citizenship. How long before the U.S. closes the borders like the Soviet Union? The American people, who regularly vote for an increasingly smaller minority to pay for the lifestyle to which they have become accustomed are likely to support that since it will keep the most productive from leaving the country.
Hopefully, this won't happen.....but the probability is increasing.
