According to The Express Tribune, Waseem released a video expressing his disappointment over his current financial position which has forced the boxer to consider surrendering Pakistani nationality.
Waseem in the video said, "I want to play for Pakistan, but my financial position is compelling me to think of surrendering my nationality."
The 30-year-old added, "I may apply for the citizenship of Korea or the United States."
He also admitted that due to lack of sponsors his last competition for the country will be his upcoming fight for an international title.
He represented the country at the 2010 Commonwealth Games and won a bronze. (ANI)