The main reason why I am hesitant is that we might decide to go back to Europe eventually, and US citizenship brings a number of obligations with it, including in relation to taxes.
Any help or suggestion is appreciated. Thanks HN!
If you have children in the US it seems especially important to ensure you cannot be deported.
I’m from the UK and can have dual nationality - some countries cannot and if this is the case I would think about the option more carefully.
You say “we” - if your spouse is a US citizen then you likely want to file taxes jointly anyway, even if you are not one, so this may also be a factor.
Other benefits: easier entry to the us through customs (they HAVE to let you in), access to foreign embassies, potential security clearance, access to certain jobs that are nationals only, voting rights, reduced friction when applying for some jobs, no need to be at the constant mercy of the INS - important if you feel like being involved in political activism, gun rights - some states only allow citizens to access firearms.