1/3 of American Citizens Would Like to Renounce Their Citizenship
by John Vibes - July 7, 2015
According to a recent study by TransferWise, a peer-to-peer money transfer service based in the United Kingdom, an average of 35% of Americans would renounce their citizenship if the opportunity arose.
The poll, which took a test sample of more than 2,000 adults, found that a growing number of people are disenchanted with American citizenship. The poll also found that those aged 18 to 34 are even more interested in expatriation, with 55% of that age range saying they would consider renouncing their citizenship.
These figures are not surprising considering the trend towards expatriation in recent years. In the years between 2013 and 2014, there was a 14% increase in the number of Americans who renounced their citizenship, according to the Treasury Department.
Americans are currently far more likely to move to another country than they were prior to the economic collapse of 2008. Many movers also mentioned the growing police state and dismal political situation as reasons for leaving the country.
According to CNBC, in the first quarter of 2015 alone, 1,336 individuals chose to renounce their citizenship.