It could & you don't have to leave. Business owners have done that for decades. You can get a passport from several different countries - all legally. This past Sunday, 60 minutes had a segment on that & how it's done.
BTW: All those alleged "privileges" that the cons keep telling you that the libs have granted undocumented aliens is bullshit. They cannot get social security, etc.
Illegal aliens do not come to the USA for benefits or jobs. They come for the lax legal system.
Be advised that once you renounce Citizenship it is almost impossible to ever return.
To renounce Citizenship you need to have some other citizenship first.
You could abandon the USA and not pay your taxes. Unless you owe millions doubtful they would chase you.
Your return might not be as you plan.
US? You cannot renounce citizenship when you owe taxes. You have to prove all taxes are paid. And you may be subject to the Exit Tax as well, and have to pay that before you can renounce citizenship.