1 in 4 Expats renouncing U.S. citizenship
The UAE has issued more than 150,000 golden visas since 2019. Many expats, including HNWI (High-net-worth-individuals), are renouncing U.S. citizenship. A recent report suggested that in the first three quarters of this year, 2022, approximately 2872 high-net-worth-individual expats have renounced their U.S. citizenship. That number exceeds 2421 last year. About 1 in 4 U.S. expatriates […]