FAQs About US Citizenship Renunciation

FAQs About US Citizenship Renunciation

Dateline: Kuala Lumpur, Malaysia Our YouTube videos and articles generate a lot of questions about US citizenship renunciation. What is the process? What does it entail? How does it change your lifestyle? Where do you have to be to renounce? We’ve already...
The Pros and Cons of Renouncing US Citizenship

The Pros and Cons of Renouncing US Citizenship

Dateline: Mexico City, Mexico There are a lot of myths about why people choose to renounce their US citizenship and the consequences of such a decision. This is not a choice to make lightly. That is why this article will outline the pros and cons of expatriating from...
4 Reasons People Renounce US Citizenship

4 Reasons People Renounce US Citizenship

Dateline: Mexico City, Mexico When it comes to anything offshore, it’s very hard to entirely understand what you’re doing until you’ve done it. That is why I am a practitioner, not a theorist. As someone who has been through the process of renouncing US citizenship, I...
The Cost to Renounce Citizenship Around the World

The Cost to Renounce Citizenship Around the World

Dateline: Kuala Lumpur, Malaysia I was in Langkawi, Malaysia, when the US government announced that it was going to raise the fee to renounce citizenship from $450 to $2,350. I hadn’t renounced my citizenship yet at the time, and I remember thinking to myself:...
The Tax Consequences of Renouncing US Citizenship

The Tax Consequences of Renouncing US Citizenship

Dateline: Tbilisi, Georgia December 20, 2017. I was sitting in my living room in Tbilisi, talking with my CFO, and making a number of calculations. What was I doing? I was preparing for the next day when I would go to the US Embassy to renounce my US citizenship. Why...
Four case studies for renouncing US citizenship

Four case studies for renouncing US citizenship

Dateline: Alicante, Spain If you’re a US citizen doing business or investing overseas, you surely know that you’re a unique breed. That’s because US citizens are just about the only people on earth required to pay taxes on both active and passive income, no matter...