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For someone living in Israel, I assume?
1. As citizen, you get thru passport control quicker on both ends.
2. Don’t need to apply for a visa to go to the US.
3. eligible for US child allowances, depending on income
4. can be eligible for college scholarships like Pell Grants. I know students in “seminars” who have gotten money to pay for their secular degrees that way.
Just be aware with 3,4 there have been a lot of cases of fraud- and there has been a crack-down to make sure claims are legitimate, not as easy as it used to be to qualify.
That’s about it that I can think of…
it’s offset by having to apply and pay for 2 sets of passports if flying between US and Israel, having to file/pay taxes in both countries (even if exempt from actually paying, there is still the pain of the paperwork, FACTAs, hiring an accountant, possibility of being audited by IRS, dealing with the banks who make you fill out all these forms, etc)
And of course, if you want to be an MK, you’d have to give up your American citizenship.
