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Prince Harry is Loving Hollywood Life – But He Refuses to Pay His Fair Share, Crypto Coins News

Prince Harry is Loving Hollywood Life – But He Refuses to Pay His Fair Share, Crypto Coins News
  • Many insiders assumed that once Meghan Markle and Prince Harry moved to L.A. that Harry would apply for U.S. citizenship.
  • A source close to Harry says this won’t be the case.
  • Why? He doesn’t fancy giving up his royal titles or paying U.S. tax on his worldwide earnings.

During grim times like these, we have to get our laughs anywhere we can. This piece in The Times will leave you in stitches. It suggests that Prince Harry could attempt to obtain an O-1 US visa.

Yeah, the visa designed exclusively for “individuals with extraordinary ability or achievement. ”

Now that is some comedy gold!

Prince Harry has no intention of becoming a US citizen

The news that Prince Harry isn’t interested in becoming a “proper” American is kind of surprising.

I mean, he’s living in Los Angeles full-time . Surely it makes sense to go the full mile and pledge allegiance to the flag, right?

Apparently not.

Source: Twitter

It’s not quite so confusing when you realize what Prince Harry would have to give up if he did pursue US citizenship.

The first loss would be his royal titles.

If Prince Harry decides to take the step and make the “Hollywood Harry” moniker official, he’d be forced, under US law, to renounce all foreign titles.

8 USC section 102324, subsection (b) states:

In case the person applying for naturalization has borne any hereditary title, or has been of any of the orders of nobility in any foreign state, the applicant shall in addition to complying with the requirements of subsection (a) of this section, make under oath in the same public ceremony in which the oath of allegiance is administered, an express renunciation of such title or order of nobility, and such renunciation shall be recorded as a part of such proceedings.

He really would be “simply” Harry after all!

Losing royal titles would just be the beginning

Perhaps more important than royal titles are the tax implications of U.S. citizenship. Hollywood Harry would be required to declare and pay U.S. tax on his worldwide earnings.

Most people would think this a reasonable request. If Prince Harry and Meghan Markle are happy to make their home in Los Angeles and reap the rewards that the United States can provide, why shouldn’t they be liable for tax?

All other Americans pay their fair share, so why not Harry and Meghan?

Sadly, this selfish behavior seems to be a pattern when it comes to Harry and Meghan. | Source: Twocoms / Shutterstock.com

We should know by now that the Hollywood Royals don’t believe the rules that the rest of us live by should apply to them.

Dianne Mehany, an international tax lawyer, warned that spending more than 594 days in the US could cause issues.

Another lawyer who works with wealthy families living cross-border believes that Prince Harry could perhaps push that number up to 310 days in certain circumstances:

If he’s able to show that he has a closer connection with England, then he could stay more days under the US-UK tax treaty.

The royal couple want to enjoy a US lifestyle, but give nothing back

What this situation tells us is that Prince Harry and Meghan Markle want to enjoy the lifestyle and benefits of living in the US, but give as little back as possible.

Sadly, this (seems to be a pattern

when it comes to Harry and Meghan.

Disclaimer: The opinions expressed in this article do not necessarily reflect the views of CCN. com.

(this article was edited by Josiah Wilmoth .

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