End of Dual citizenship for US passport holders?

[RichardP]

I wonder if those that pony up for the "gold card" route will be allowed to have a second passport should they choose to eventually become US citizens?

The Trump Gold Card

The Trump Gold Card application

trumpcard.gov

 

[Jerry Nelson]

I seriously doubt if this even comes to fruition. Moreno is another cultist trying to emulate the wishes and actions of the Dear Leader, not to mention that it may help gain him some Brownie points with the WH, etc. This is not the first time such a proposal has been offered up to Congress.

"This is not the first time such a proposal has been offered up to Congress."

Please name other times. I can't find any.

 

[GuidoAnselmi]

"This is not the first time such a proposal has been offered up to Congress."

Please name other times. I can't find any.

Senator Rufus Holman of Oregon in 1942.

 

[Jerry Nelson]

And his bill didn't even make it past the Introduction. https://www.nytimes.com/1942/09/22/...citizenships-senator-holman-acts-against.html

 

[LuckyLuke]

Is renouncing US citizenship sufficient to lose US tax residency? If so, under the proposed law all those US taxpayers living here in Argentina (let's call them "expats" for want of a precise term) who had Argentine citizenship and tax residency and so faced double taxation would have an escape hatch: choose Argentina and only pay tax once--here (and perhaps pay less than they would pay by staying loyal to the US and declaring there).

It's an interesting question. I believe if would absolve you from paying US taxes on your foreign income but not from paying US taxes on your US income. Exactly under what tax status you pay your US taxes on US income afterwards must be a bit strange...are you a US born foreign national at that point?

 

[LuckyLuke]

One has to wonder as well, exactly how would the US even know that you obtained a foreign citizenship while abroad? Americans don't enter the US with a foreign passport. I don't believe any of that is reported on FACTA either, which treats you first and foremost as an American citizen living abroad.

The only way to weed out the info would be to require that nobody can live outside the US, which would in effect make every American a permanent resident (Green Card holder) instead of Citizen. So what is exactly the point of all this?

 

[GuidoAnselmi]

And his bill didn't even make it past the Introduction. https://www.nytimes.com/1942/09/22/...citizenships-senator-holman-acts-against.html

Let's hope Moreno's bill meets the same fate. I could be wrong, but I believe it's a dead duck already.

 

[Alby]

It's an interesting question. I believe if would absolve you from paying US taxes on your foreign income but not from paying US taxes on your US income. Exactly under what tax status you pay your US taxes on US income afterwards must be a bit strange...are you a US born foreign national at that point?

I looked up the answer to my own question. You are correct: such a person would still pay tax to the US on US-sourced income (and, indeed, do so at generally higher rates than they would have paid if they had remained a US tax resident). So there is no solution to the double tax problem: indeed, choosing Argentina over the US may make the problem worse. And the name of the category that such people fall into: non-resident alien (NRA) for U.S. tax purposes.

 

[SaberPaw]

One has to wonder as well, exactly how would the US even know that you obtained a foreign citizenship while abroad? Americans don't enter the US with a foreign passport. I don't believe any of that is reported on FACTA either, which treats you first and foremost as an American citizen living abroad.

The only way to weed out the info would be to require that nobody can live outside the US, which would in effect make every American a permanent resident (Green Card holder) instead of Citizen. So what is exactly the point of all this?

Except for some questionable Carribbean countries and Vanuatu, mostly every nation out there reports naturalization to the applicants previous country of citizenship. Or in other cases it gets published in the federal gazette which every embassy monitors.

 

[steveinbsas]

I don't know if Andrew mentioned it in this video, but in an other video he indicated that he, a former US citizen, was denied a tourist visa to enter the USA: