Friday, February 3rd, 2017

Facebook’s Eduardo Saverin Likely Barred From Re-Entering U.S.

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"Facebook co-founder Eduardo Saverin’s decision to renounce his U.S. citizenship just in time to avoid a large tax payment essentially means he will not be able to re-enter the United States again, immigration experts tell TPM.  “There’s a specific provision of immigration law that says that a former citizen who officially renounces citizenship, and is determined to have renounced it for the purpose of avoiding taxation, is excludable,” said Crystal Williams, executive director of the American Immigration Lawyers Association. “So he would not be able to return to the United States if he’s found to have renounced for tax purposes.”  The provision of law isn’t usually enforced, added Williams, “however, this guy is so high profile that this is probably going to be the test case.”  Saverin’s only path back to living in the U.S., experts contend, would involve persuading the authorities