Hi,
I’ve been contemplating the idea of getting American nationality, but I have some concerns, particularly about the potential for double taxation. Currently, I already hold citizenship in my home country, and I’m wondering if acquiring American nationality would mean paying taxes both to my home country and the United States.
For those of you who have gone through a similar process or have experience with dual citizenship, how does the double taxation aspect work? Is it a significant burden, and how do you manage it? Are there ways to minimize the impact on your finances?