Hi All
I have the application to become a US citizen (Dual Nationality with UK) in front of me and I am trying to think through the pros and cons. What do you guys think.
Pros:
- Have some kind of say in the country I work - voting etc
- Protection against immigration law changes that might take away my Greencard
- Secure my 401k plans and Social Security accounts etc
- Ability to leave the country for work and come back later
Cons:
- Social Security and general economic benefits may not be worth protecting 25 years form now
- Will always have to file US taxes
- If I want to leave permanently there could be heavy exit fees on assets
Plenty more I am sure. What do you think...phil
I have the application to become a US citizen (Dual Nationality with UK) in front of me and I am trying to think through the pros and cons. What do you guys think.
Pros:
- Have some kind of say in the country I work - voting etc
- Protection against immigration law changes that might take away my Greencard
- Secure my 401k plans and Social Security accounts etc
- Ability to leave the country for work and come back later
Cons:
- Social Security and general economic benefits may not be worth protecting 25 years form now
- Will always have to file US taxes
- If I want to leave permanently there could be heavy exit fees on assets
Plenty more I am sure. What do you think...phil
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