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Should I Renounce My U.S. Citizenship (Pros and Cons)

Deciding whether or not a US Person should formally relinquish their lawful permanent resident status or renounce a US citizenship is a big decision. Typically, the decision to renounce US citizenship is a much more difficult scenario — if not because oftentimes a person has had US citizenship for many years — even for their entire life — and only recently obtained a Golden Visa and is considering whether or not to renounce. There are various different pros and cons to assess before taking the plunge to renounce your citizenship — and the path back to becoming a US person again and subsequently obtaining US citizenship can be a long and arduous path.