BB - I was born and raised in the US. The felon question is essentially in limbo (so to speak). There are a ton of Americans running books around the world, I suppose if the DOJ has a hard on for you they will find something to charge you with if they want you bad enough. There are a number of lawyers in the US who specialise in these matters and some posters here who know a lot more than I do about the legal issues involved. I will tell you one thing I know for sure if you do try to open an offshore book - be ready for a lot of work and have even more money to go with it. If you are serious get a good lawyer and even better accountant before you start. Today there are turn-key operations available offshore but imo only worth while only if you already have players.
wil.
wil.
The US allows dual citizenship, lots of people have that. The thing is they don't recognize other citizenship if you use a US passport to enter the US or any other country. In other words you pick your country whenever you cross an international line and in most cases people want the protection of US citizenship should complications arise.
If I understand your thinking, you want to know if you can be a citizen of another country and then be free of anti-gambling laws? Generally lawyers will tell you many things. Problem is you have one judge and one court that you could theoretically be tried in and what the lawyer surmises may not always be how things turn out.
Most countries around the world give you residency and eventual citizenship if you bring money. Some like Panama give you citizenship very quickly, provided you put your money in a place they want it. I think the amount is $40,000, but you spend that much in protecting old-growth forest land and keep the land for some minimum number of years and you can have a passport in less than a year. The problem is you probably have no idea the disaster that awaits you trying to get a visa for being a citizen of anywhere other than an EU nation, Japan, or a few others like Australia. If you aren't from an "equal" nation as the US sees it, you are going to go through the hassle of a lifetime just getting a tourist visa. So if you plan to leave, but come back to visit I would highly advise keeping that US citizenship.
If I understand your thinking, you want to know if you can be a citizen of another country and then be free of anti-gambling laws? Generally lawyers will tell you many things. Problem is you have one judge and one court that you could theoretically be tried in and what the lawyer surmises may not always be how things turn out.
Most countries around the world give you residency and eventual citizenship if you bring money. Some like Panama give you citizenship very quickly, provided you put your money in a place they want it. I think the amount is $40,000, but you spend that much in protecting old-growth forest land and keep the land for some minimum number of years and you can have a passport in less than a year. The problem is you probably have no idea the disaster that awaits you trying to get a visa for being a citizen of anywhere other than an EU nation, Japan, or a few others like Australia. If you aren't from an "equal" nation as the US sees it, you are going to go through the hassle of a lifetime just getting a tourist visa. So if you plan to leave, but come back to visit I would highly advise keeping that US citizenship.
Well, apparently I am wrong. Although in the Oath of Allegiance (see below) the new US citizen renounces his or her previous citizenship, this is not enforced by the US presently and more and more non-US countries are choosing to not dissolve the old citizenship.
This was not your question anyway, you were going from US to other, not other to US.
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Dual Citizenship, the Naturalized US Citizen, and the Oath of Allegiance
"I hereby declare, on oath, that I absolutely and entirely renounce and abjure all allegiance and fidelity to any foreign prince, potentate, state, or sovereignty of whom or which I have heretofore been a subject or citizen" from the Oath of Allegiance
The opening lines of the Oath of Allegiance are meant to give the United States exclusive sovereignty over the newly naturalized citizen. In other words, you are a citizen of one and only one country, the United States of America. The idea is that as soon as you take the Oath of Allegiance and become an American, you are giving up your citizenship of your native country.
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This was not your question anyway, you were going from US to other, not other to US.
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Dual Citizenship, the Naturalized US Citizen, and the Oath of Allegiance
"I hereby declare, on oath, that I absolutely and entirely renounce and abjure all allegiance and fidelity to any foreign prince, potentate, state, or sovereignty of whom or which I have heretofore been a subject or citizen" from the Oath of Allegiance
The opening lines of the Oath of Allegiance are meant to give the United States exclusive sovereignty over the newly naturalized citizen. In other words, you are a citizen of one and only one country, the United States of America. The idea is that as soon as you take the Oath of Allegiance and become an American, you are giving up your citizenship of your native country.
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