Eduardo Saverin will not be able to re-enter the United States again

[IIIII]

It is like an old Cajun Foreman said when a worker wanted to quit and asked if he could be re-hired later - "If you go, you stay go."

LOL

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 that his decision was not about avoiding taxes — an argument the 30-year-old billionaire is apparently angling to make. “This had nothing to do with taxes,” Saverin told the New York Times. “I was born in Brazil, I was an American citizen for about 10 years. I thought of myself as a global citizen.”



Two immigration lawyers said his explanation hardly passes the laugh test. Saverin’s move was timed to the initial public offering of shares of Facebook stock. The valuation of the Facebook IPO explodes Saverin stake in the social media company to some $3 billion, on which avoiding taxes could save him at least tens — if not hundreds — of millions of dollars. Nor does it help his case that he relocated to Singapore, which levies no taxes on those earnings.



Democratic senators mobilized Thursday to crack down on Saverin and other tax dodgers.



“He’s fucked,” said Adam Green, an immigration lawyer based in Los Angeles. “He must have gotten horrendous advice.”

http://tpmdc.talkingpointsmemo.com/2...ref=fpnewsfeed

[Benjamin Linus]

To bad this article is complete bullshit. Saverin actually made the move to give up his citizenship a little more than a year before Facebook made the decision to go public. Also, it would be unconstitutional to deny him entry back into the U.S.

[roasted]

Originally Posted by Benjamin Linus

Also, it would be unconstitutional to deny him entry back into the U.S.

Unconstitutional?

Nowhere in the constitution is immigration mentioned. The US denies entry to thousands of people every year. The penalty for many immigration violations includes losing the right to re-enter the US.

Saverin renounced his citizenship to avoid paying taxes. Its that simple. If I wasnt born in the US, I would be tempted to the do the same thing to save tens of millions

[Rust]

Originally Posted by Benjamin Linus

Also, it would be unconstitutional to deny him entry back into the U.S.

How so? Not that I agree with this, but I don't see how the constitution applies to a non-citizen (he renounced his citizenship), or where the constitution mentions anything relating to this issue.