Founder of Facebook Change Citizenship

When the founder of Facebook, Eduardo Saverin was 13 years old, his family knows his name on the list of victims to be kidnapped by the mafia Brazil.

Saverin father who was already a wealthy businessman in Sao Paulo to find a way to save his son. They family moved to Miami, the United States. Saverin become one of the immigrant families who are looking for opportunities in the United States.

Journey Saverin of immigrant children into Harvard student who earned billions of looks like the American dream. In fact, the movie

Social Network is featuring life-like fiction Saverin.

According Pandodaily.com, college friend Mark Zuckerberg is indebted to the United States.

But Saverin off U.S. citizenship on 30 April 2012, as reported by Bloomberg. The reason alleged for avoiding long-term tax bill on Facebook IPO. Saverin has a 4 percent stake in Facebook.

By replacing citizenship, Saverin can avoid taxes when the asset value is calculated later.

Saverin avoid paying taxes on income earned from the sale of shares of Facebook. The man who lived in Singapore this benefit because Singapore has no capital gains tax. The amount of funds saved depends on the performance of the stock up.

For example, if the estimated value of the stock has doubled in the long run, of the estimated U.S. $ 3.8 billion to about U.S. $ 8 billion, he does not have to pay tax on the increased value of U.S. $ 4 billion. If the stock price rose 15 percent, Saverin save U.S. $ 600 million for tax expenditures.

When the company went public at the end of this month, the debut of Facebook shares are expected to cost U.S. $ 28 to U.S. $ 35 per sheet. If it reaches that price, then the value of social networking to reach U.S. $ 100 billion.

Saverin not throw the first billionaire citizenship because of taxes. According to Forbes, wealthy heirs Campell Soup, John Dorrance III Ireland's citizens moved into the stock before selling his family's company.

According to the study of two European economists as reported from Huffingtonpost.com, international organizations' efforts to crack down on global tax evasion does not stop this practice. Global tax evasion is still rampant.