Roger Ver, one of the founders of Bitcoin, explains why he renounced his U.S. citizenship. What are the ramifications of giving up your U.S. citizenship, and does it mean that you can no longer visit the United States?

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Douglas Goldstein, CFP®, is the director of Profile Investment Services, Ltd, a financial planning and investment services firm specializing in working with Americans living in Israel who have investment accounts in America. He is a licensed financial professional both in the U.S. and Israel.