At the US Embassy in London, there is a waiting list that none of the officials likes to discuss. On the list are Americans hoping to give up their citizenship, as they seek shelter from the Internal Revenue Service.
One lawyer fighting for her clients’ right to do so is Suzanne Reisman, a former civil rights campaigner, who is now a private-client lawyer in Mayfair, central London.
“You make a lot of sacrifices when you have to pay US taxes and live outside the country for a long time. But you also make a lot of sacrifices when you give up your passport,” she says.
Having lived in London since 1998, Ms Reisman herself has considered giving up her US passport. But she probably won’t. “I don’t think I want to die in the UK,” she says.
Full Story: FT.com / Management – Americans who swap passports
JOBLESS DROP NOT ENOUGH TO STOP FEAR