Scott Schmith is a patriot and a US military veteran but he is no longer a US citizen. Sick of complex tax rules making his life in Switzerland miserable he recently handed back his passport.
"It was a pretty big decision and there was a bit of anxiety," said the 50-year-old photographer who served in the 1990-91 Gulf war and has been living in Switzerland since 1993.
But once he received his Swiss passport and handed back his US one last September, "it was like a load of weight off my shoulders."
Schmith is one of a growing number of American expats who are opting to give up their citizenship rather than deal with the increasing difficulties imposed on them by US tax authorities, observers say. Full story...
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"It was a pretty big decision and there was a bit of anxiety," said the 50-year-old photographer who served in the 1990-91 Gulf war and has been living in Switzerland since 1993.
But once he received his Swiss passport and handed back his US one last September, "it was like a load of weight off my shoulders."
Schmith is one of a growing number of American expats who are opting to give up their citizenship rather than deal with the increasing difficulties imposed on them by US tax authorities, observers say. Full story...
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- Facebook co-founder becomes Singapore citizen to save millions on taxes...
- Americans renounced their citizenship in record numbers in 2011...
- 15 reasons why I choose not to live in the USSA...
- Why I'm leaving America...
- Apple hides almost $1bn a week from US tax man...
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