Renouncing US Citizenship

[Audi]

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Advice, what options do I have?

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I would consider looking into the Dominican Republic.

http://www.thedominicanrepublic.net/...formation.html

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In contrast, countries such as the Dominican Republic have a fairly simple and straight-forward process for obtaining residency, and the requirement is that an applicant demonstrate assets or investments equal to RD$500,000 Pesos, which is about US$16,000 under current exchange rates. So, doing something as simple as establishing a US Dollar Bank Certificate of Deposit (with a local bank) for a very affordable monetary amount will allow you to qualify. In addition, one can become a naturalized citizen within a fairly short period of time (in comparison to other countries) after having achieved Permanent Resident status.

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[TheMetetron]

Audi,

I wouldn't give up my USA citizenship for anything less than EU citizenship and even then I'm not so sure. The Dominican Republic as a sole citizenship is a laughable downgrade that someone would be crazy to take unless they were really in love with the Dominican Republic.