Ted Cruz Is Renouncing Canadian Citizenship.
Cruz is a US Senator from Texas who was born in Calgary in 1970 to an American mother and a Cuban father. His father was working as an engineer.
Cruz only recently learned he is still considered a US citizen. He moved to US as a child and thought he was not a Canadian citizen because he had never claimed Canadian citizenship and has had only a US passport since high school.

“Because I was a U.S. citizen at birth, because I left Calgary when I was 4 and have lived my entire life since then in the U.S., and because I have never taken affirmative steps to claim Canadian citizenship, I assumed that was the end of the matter.”

Sound familiar? Well, at least he knows Canada won’t try to FATCA or FBAR him.
Cruz insists he is entitled to serve as President because he was American at birth” through is mother’s citizenship.
Hmm. He’s a Tea Party Republican. I wonder what all those birthers who insist Obama should not be President because he wasn’t born in US (despite a birth certificate from Hawaii) will say about this.
Allison Christians sums it up nicely in Only Reason Why Ted Cruz’s Citizenship Is Interesting.

In the grand scheme of things Ted Cruz’s citizenship is a non-story. But for what it illustrates about citizenship-based taxation, it could be the story of the century.

Now, how do we make this work for us?