"Would you give up your citizenship in order to keep your bank account?
That’s a question few Americans would ever want to confront, yet many Americans living abroad are now having to answer.
A little-known tax law, known as the Foreign Account Tax Compliance Act, has resulted in some foreign banks no longer serving Americans."
http://dailysignal.com/2017/04/24/why-record-numbers-of-americans-are-renouncing-their-citizenship/
That’s a question few Americans would ever want to confront, yet many Americans living abroad are now having to answer.
A little-known tax law, known as the Foreign Account Tax Compliance Act, has resulted in some foreign banks no longer serving Americans."
http://dailysignal.com/2017/04/24/why-record-numbers-of-americans-are-renouncing-their-citizenship/