Hi, our baby received her HK Passport and we would like her to get her U.S. passport (i'm an U.S. Citizen). I was wondering if there is any rules regarding dual citizenships between U.S. and HK/China...can she hold two passports at the same time? would U.S. embassy allow this?
thank you
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25-11-2014, 08:16 PM #1
Newborn with HK Passport applying for U.S. Passport
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03-12-2014, 10:14 PM #2
No problem. Your baby is allowed to hold both the HKSAR & USA passport. Both US and HK allow dual citizenship to some extent. Just bear in mind the liabilities associated with the US citizenship - your child will be subject to US tax in the future even if she never sets foot in the US. She will also have trouble opening brokerage / investment accounts in Hong Kong (if they know you are US citizen), as banks wouldn't go thru the trouble of fulfilling US regulatory requirements.
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03-12-2014, 10:33 PM #3
All banks in Hong Kong are required to do the US regulatory requirement already. I'm a US citizen and got those accounts without any issues.
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04-12-2014, 08:03 AM #4
The USA allows it, provided you obey the rules on being a US citizen, including:
Filing taxes every year if income at certain (low) level. She won't owe taxes unless above a certain point but will need to file nonetheless.
Filing a FBAR bank account disclosure if over a certain amount.
Filing FATCA account disclosures if over a certain amount.
Entering and exiting the USA only on their American passport.
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04-12-2014, 09:22 AM #5
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