Boris Johnson is to renounce his US citizenship, removing a potential obstacle to becoming Prime Minister.
The London mayor has dual nationality as he was born in New York – but has now revealed he wants to hand back his American passport.
”The reason I’m thinking I probably will want to make a change is that my commitment is, and always has been, to Britain,” he told the Sunday Times during a week-long tour in the States.
”It’s an accident of birth that has left me with this thing. I’ve got to find a way of sorting it out.”
But the really interesting thing is that when you do renounce US citizenship then you’ve got to pay tax. Effectively, it’s as if you sold all your belongings and crystalised the tax bill. Boris is a wealthy man: this could get interesting.