For the first time in recorded history, more Americans are moving to Europe than Europeans moving to the United States. In 2005, there were 140,000 Europeans moving to the U.S. against the 30,000 Americans moving to Europe. The gap has narrowed a lot since COVID and since 2022 more Americans have been moving to Europe. These statistics are on the until 2024. I expect that there will be many more Americans leaving the US under Trump 2.0.
There has also been a surge in Americans claiming citizenship by descent of a European country. The chart below doesn't mention it, but many of them are renouncing U.S. citizenship in the process. The main reason is that the US is the only country with Eritrea to tax people based on their citizenship and not on their country of residence. So Americans living abroad also have to pay taxes in the U.S.
There has also been a surge in Americans claiming citizenship by descent of a European country. The chart below doesn't mention it, but many of them are renouncing U.S. citizenship in the process. The main reason is that the US is the only country with Eritrea to tax people based on their citizenship and not on their country of residence. So Americans living abroad also have to pay taxes in the U.S.