Dual Citizenship

[SchatzieCharlie 4]

I am planning to apply for dual citizenship this year for me and my son, who’s turning 18 this year. I was born in the Philippines and so is he, his biological dad is also Filipino. 
I guess my question is, based on your experiences to those who are have dual citizenship, what are the pros and cons? 

[SteveInBostonI130 3,468]

Pro:  Travel where you want and for however long you want.

Con: Pay US income tax no matter where you travel to.

[Lil bear 4,252]

47 minutes ago, SteveInBostonI130 said:

Pro:  Travel where you want and for however long you want.

Con: Pay US income tax no matter where you travel to.

You pay US income tax worldwide as an LPR …  so theres no change if you become a USC 

[SteveInBostonI130 3,468]

2 hours ago, Lil bear said:

You pay US income tax worldwide as an LPR …  so theres no change if you become a USC 

Not if you live overseas as an LPR.

[SteveInBostonI130 3,468]

12 minutes ago, SteveInBostonI130 said:

Not if you live overseas as an LPR.

Strike this,

 

After some research I find my comment is incorrect.

[Carpe Vinum 2,327]

Might want to move this to the Philippine sub-forum. There are some special considerations for Philippine dual citizens.

[JeanneAdil 6,561]

6 hours ago, SteveInBostonI130 said:

Not if you live overseas as an LPR.

As Green Card holder you have the same US tax obligations as a US citizen. US Citizens and permanent residents pay tax of their worldwide income, no matter where they live or where the income originates.Oct 14, 2020

[bsd058 296]

Usually, pertaining to taxes, if you pay taxes in one country, you don't have to pay taxes in the other. Most countries have tax treaties. My wife lived with me in Canada prior to us moving to the USA. She had to file in the USA, but the USA didn't make her pay any taxes.

[KanKarot 0]

I'm not sure about the original intent of your question.

 

Are you asking the pros and cons of dual citizenship - Filipino plus USC or USC plus Filipino?

 

For Filipino to USC, all the comments above are true (e.g., more countries to travel, allowed to vote and taxes). But if you do this, you will automatically lose your Filipino citizenship (doesn't matter even if you were born in the Philippines). This means, you will be treated as a foreign person when you travel to the Phil. and will not be allowed to stay after a certain period depending on your visa or risk paying fines.

 

The only way to reacquire your Filipino citizenship (for dual citizenship) is to apply again at the Philippine embassy in the US. This is not very difficult as long as you still have all proof of being previously Filipino (e.g., Birth Cert, Phil passport, etc.). You may be able to reacquire your Phil. citizenship in one day like I did. Reacquiring your citizenship will allow you to travel or stay in the Phil. at any time or for how ever long you want without consequences.