The State Department has slashed by about 80% the fee for Americans to formally renounce their U.S. citizenship.

The State Department has slashed by about 80% the fee for Americans to formally renounce their U.S. citizenship.

After years of legal battles with several groups representing Americans wanting to give up their citizenship, the department on Friday published a final rule in the Federal Register that reduces the cost from $2,350 to $450.

The new fee, which took effect on Friday, had been promised in 2023 but had never been implemented. The cost is now the same as it was when the State Department first started charging Americans to formally renounce their citizenship in 2010.

    • 3abas@lemmy.world
      5·
      9 hours ago

      You’re also freed from taxation but citizenship, which only the American citizenship comes with. If you’re leaving the country and going to another where you attained citizenship and don’t want your foreign income taxed by the US (beyond exclusions) and be arrested for tax evasion when you visit, then that’s something you may look at.

      • KumaLumaJuma@feddit.uk
        7·
        6 hours ago

        Don’t disagree, ironic the US started largely as a protest about taxation without representation and now the US has become one of only two countries to tax their overseas citizens.

        Not to mention the situations with Puerto Rico, Washington D.C and other territories (like Guam and the US Virgin Islands) who are also taxed but do not have representation.