Subject: Re: OT New Monaco homes
Even renouncing US citizenship won't get you out of it if the reason is seen by the IRS as having been motivated by tax reasons rather than a "natural" reason like a second birth citizenship.

I believe that if you cease being a resident and you revoke your U.S. citizenship, you break free of U.S. taxes after ten years. And then you also lose the eligibility for a $15 million exemption from the estate tax on U.S. assets.