Tag: dual citizen
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A Second Passport Can Change Everything: Why Citizenship Optionality Is Becoming Critical
Flávio Bolsonaro’s departure from Brazil exposes a powerful lesson for international investors: the right to a second citizenship may disappear long before you realize you need it. Sometimes, a second citizenship is more than a convenience. It can become one of the most consequential assets a person possesses. On October 27, 2026, Brazilian senator Flávio…
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How to Avoid Double Taxation by United States and Canada for a Dual Citizen
Can you be a Dual Citizen of U.S. and Canada? Yes, it is possible to be a dual citizen of both the United States and Canada. Both countries allow dual citizenship, meaning that an individual can be a citizen of both countries at the same time. However, becoming a dual citizen requires following specific legal…
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Relinquishing Permanent Residency or U.S. Citizenship
The expatriation rules apply to U.S. citizens or long term residents that have a Green Card in eight of the last fifteen years preceding the application for expatriation. The expatriation rules are applicable if the taxpayer meets one of two test. A “covered expatriate” is a taxpayer that meets the Net Worth Test of IRC…