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ESCAPE FROM USA: Record Number Renounce Citizenship...




"An increasing number of Americans appear to believe that having a U.S. passport or long-term residency isn't worth the hassle and cost of complying with U.S. tax laws," Mr. Mitchel said.

Experts say the growing number of renunciations by citizens and long-term holders of green cards is related to an enforcement campaign by U.S. officials against undeclared offshore accounts. It intensified in 2009,

Read Full Story: http://www.wsj.com/articles/record-number-of-u-s-c...

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