Skip to content

Comment on Facebook Co-Founder Saverin Gives Up U.S. Citizenship Before IPOparent

Comments

Yep.. it's becoming increasingly hard to do any business with overseas banks if you have US Citizenship. Foreign banks don't want the liability.

Very good point. In Switzerland, if you have a US passport, it is pretty difficult to open a bank account and/or get financial advice. Apparently bank/advisors can get into trouble for reasons I am not well up to date.

Yup. People with dual citizenship ("American" and "Swiss") living and working in Switzerland, have a hard time opening a bank account due to their American citizenship.

AboutSource Built by g1lg1l

Hackerly is an independent reader for Hacker News, built on the public HN API. Not affiliated with Y Combinator.