“You can’t simply say: “I renounce my citizenship.” and then not become a US citizen.”
Of course you can. The super rich just do it so they can move their cash around. Regular dude could flip the bird and just never come home, and never visit. Following the official state procedure just lets you be able to visit the USA as a tourist later.
RE: Of course you can. The super rich just do it so they can move their cash around.
Nope, the super rich dude still FORMALLY renounce their citizenships.
Eduard Saverin (who became Singaporean), co-founder of FACEBOOK and Singer, Tina Turner (who became Swiss ) did just that.
Here are others who did just that:
http://finance.yahoo.com/news/expats-ditching-u-s—passports-151127757.html