For the very rich, citizenship is a problem to be solved.

Re:For the very rich, citizenship is a problem to be solved. by Adaptive on Sunday August 21, 2011 @01:41PM (#2909688)

Worth noting that several dual-citizenship friends have, over the last couple years, renounced US citizenship for tax reasons in each case. Very little appealing about being a US citizen for the very rich.

What this article fails to note is that the last thing the very wealthy want is a new form of citizenship or new country. Being a citizen of any given country becomes more like selecting the clubs you belong to based on the value-added services they provide. Starting a new club is a headache. There are plenty of reasonable ones out there.

And for the most part these clubs are already run by the super rich. The rest of the citizenry is just mowing the lawns as far as they are concerned.

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Re:For the very rich, citizenship is a problem to be solved. by markkat on Sunday August 21, 2011 @02:18PM (#2909772)

>There are plenty of reasonable ones out there.

That may be true. I have a good middle class friend that move from the US to Norway for higher taxes but great social programs. If you can handle the winter, not a bad deal. He loves it. Interesting that the citizenship decision might be moving closer to something like the job search.

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Re:For the very rich, citizenship is a problem to be solved. by Adaptive on Sunday August 21, 2011 @02:25PM (#2909799)

Funny, my wife, friends and I were making a short-list of some reasonable US alternatives last night (we've both lived much of our lives outside the US though are in it now) and all our top picks were cold, northern, and civilized. Norway was on it.

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Re:For the very rich, citizenship is a problem to be solved. by mahyarm on Saturday August 27, 2011 @01:58AM (#2930911)

Singapore? It's civilized, jungle hot and crowded.

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Re:For the very rich, citizenship is a problem to be solved. by Adaptive on Sunday August 28, 2011 @03:42AM (#2933535)

Based in HK for a long time, spent lots of time working in SG as well and have family there now. We've talked about going back there too.

I like what they've done to push cultural development (something HK never did effectively or seriously). Still a bit too fascist disney, but since we have kids it's pretty fam friendly.

I'd say it's on our list for a short term stay, a couple years maybe. Penang too, which is a slower pace, differnt vibe.

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