The most famous renouncers are...

The most famous renouncers are...

Famous people who renounced US citizenship

There are many famous people who renounced US citizenship. Tina Turner, Jet Li, Denise Rich, Eduardo Severin and Roger Ver are just some of the many. Just in case you don’t know who some of these people are or why they renounced, we’ve provided a brief synopsis.

Jet Li – The kung fu movie start relinquished his citizenship in 2011 and is now a citizen of Singapore. It is believed he made the switch due for a more favorable tax situation.

Tina Turner – The famous singer is an ex-American and currently a citizen of Switzerland. Her move is not expected to be tax related since she moved to the European country with her German husband.

Roger Ver – The man known as the “Bitcoin Jesus,” Roger Ver, the angel investor of Bitcoin, renounced in 2014 and is now a citizen of the Caribbean island St. Kitts and Nevis. He used the country’s citizenship-by-investing program by investing 400,000 USD in a condo. In a 2016 Bloomberg article, Ver has praised the island for its low taxes and has called other wealthy Americans to move to the “tax-free tropical paradise.”

Eduardo Saverin – Severin is a the young tech billionaire who helped found Facebook. He too like Jet Li became a citizen of Singapore for a more favorable tax scenario. In Singapore, there is no capital gains tax, and the highest income tax bracket is 20%.

Denise Rich – The Grammy award-nominated songwriter and socialite has also gotten rid of her stars and stripes. Her, like many, left due to tax reasons. She’s now a citizen of Austria.

As you can see, there are many famous people who renounced US citizenship. Although by no means is this list complete, these are just some of the most prominent figures who’ve made the grand decision to leave.



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