The part about Americans being required to pay taxes earned overseas are true, only the US and the Phillipines do this.Since President Obama took office in January 2008, nearly 5,000 people have voluntarily surrendered their American passports, according to data made available by The United States Office of the Federal Register. Last year alone, nearly 1,800 US citizens went rogue, compared to about 230 four years ago.
So, if you split, make sure your new home will not extradite!