If you already have businesses set up in the US, are you at an advantage over non-citizens if you renounce? You already have a SSN with history, etc. so I assume its easier to qualify for things ... or maybe get everything done in advance of the renouncement.

Do you have a video regarding how to close down your corporation, renounce, and then start an LLC? Would love to know a painless way to transition. Also, what are the benefits for an Italian citizen living in Latin America to have a US LLC if all they do is invest in Forex?

Hi James, I enjoyed your short. You mentioned Colombia, Panama and UAE. You also casually mentioned most South American Countries (Argentina). In this case are you mentioning these for residency and territorial tax? In this case I can understand Panama ... but Colombia and Argentina taxes their residents on their worldwide income .. along with several other countries. Looking here: https://htj.tax/2019/12/lets-talk-about-latin-america/ it looks like your best bet in South America for taxation would be Paraguay (which also has an easy residency program). Also, I assume this short is focused on Non-US citizens or citizens who plan to renounce. Can you fill me in a little bit more on your thought process for the countries you mentioned? Thanks much!

Hi James, You mentioned Immediate Mexican Residency + 2 years wait period outside of Mexico -> Citizenship by Descent as a Latin American. This sounds very beneficial. Do you have a link I can review for this? So far my research showed the 2 years after Mexican Residency must be lived in Mexico.

This is normally just for vip clients but wanted to invite you to come to the end of it https://zoom.us/j/97729606305