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Why Tina Turner Gave Up US Citizenship

2024-04-22 Education
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Nomad Capitalist
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Become a Client: https://nomadcapitalist.com/apply/ Get our free Weekly Rundown newsletter and be the first to hear about breaking news and offers: https://nomadcapitalist.com/email Get on the waiting list and join us for the next Nomad Capitalist Live: https://nomadcapitalist.com/live/ Speaking during a CNN interview in 1997, Tina Turner explained how “Europe has been very supportive of me” and joked, “I’m as big as Madonna in Europe”. Turner, who moved to Switzerland in the mid-1990s and obtained Swiss citizenship in 2013, was arguably the most prominent resident in recent years. She voluntarily relinquished her US citizenship, driven by her deep connection to Switzerland but also potentially by the desire to avoid the legal complexities associated with US tax regulations. However, are these the only reasons? In today's video, Andrew delves into all the factors that might prompt someone to contemplate leaving their homeland, including love, career, and lifestyle considerations. 00:00 Start 00:26 Why Tina Turner left The US 3:08 Are Taxes the Main Reason for Renouncing? 5:23 What Were the Main Factors of Her Move? 8:25 How to Become a Better Version of Yourself 12:40 How Can You Find Great Success? 14:22 What Happens When You Don't Belong There Anymore? Nomad Capitalist is the world's most sought-after expert on legal offshore tax planning, dual citizenship, and international asset protection. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where you're treated best." Nomad Capitalist has served as the “architect” and “general contractor” for 1,500+ clients who wanted one company to manage their holistic plans. We help these clients keep more of their wealth, increase their personal freedom, and protect their families and wealth against current and future threats at home. Our in-house team of researchers, strategists, and executioners know more about these strategies than just about anyone. We’ve also spent more than a decade building a trusted network of attorneys, accountants, real estate agents, and others to assist our clients. As a result, our approach is not only holistic, but agnostic; we offer our clients advice on and options in 90+ countries, more than any other firm by far. If you’re looking to diversify internationally, whether for lower taxes or as a “Plan B”, trust the industry pioneers at Nomad Capitalist and our experience serving the needs of globally-minded entrepreneurs and investors. Become Our Client: https://nomadcapitalist.com/apply/ Our Website: http://www.nomadcapitalist.com/ About Our Company: https://nomadcapitalist.com/about/ Buy Mr. Henderson’s Book: https://nomadcapitalist.com/book/ DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.

Top Comments (10)

@nomadcapitalist 2024-04-24

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16 1 replies
@michellem3879 2024-04-22

I love that she was more popular/successful outside the US. Here in the US, nearly every interview wanted her to rehash her past with Ike. She deserved better. The US doesn’t like to let people let go of their past, especially if they can use it to hold you back or make $$ from it.

75
@1rjona 2024-04-22

Like Josephine Baker, She went where she is treated best

298 8 replies
@philippearmbruster2177 2024-04-22

Given how bad official America treated Tina Turner in her early years (Courts siding with Ike, giving her basically nothing at her divorce etc), she did hold on to US citizenship much longer than many people would have. Tina Turner was not just "given" Swiss citizenship, she went through the lengthy and cumbersome Swiss naturalization process which included becoming fluent in a foreign language, countless interviews with bureaucrats and studying for the citizenship exams. I remember watching the local Zurich TV stations interviewing her when she got her citizenship - she was so happy and proud.

254 8 replies
@thylacine1004 2024-04-22

Tina Turner was an absolute goddess in Europe and Australia......sometimes in life,we just want to leave stuff behind and start again......After her divorce and in her mid forties,she had another crack,and filled all the stadiums !

83
@fredrikbergquist5734 2024-04-22

I saw her house when I visited Zurich. I would live in Switzerland if I could get a citizenship. Best managed democracy in the world.

47
@tailgunner6948 2024-04-22

She gave it up because shes smart!!

88 3 replies
@matthewbloomfield9372 2024-04-22

She oozes class!

174 1 replies
@spiritvoicemind1212 2024-04-23

As a celebrity you can move in Switzerland and go out and not be bothered by anybody! We recognize them but we respect there privacy.

52
@conq3097 2024-04-22

What a classy woman... you don't find celebs like that anymore

28

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