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He renounced his U.S. citizenship in 1968 to become a Citizen of the United Kingdom and Colonies, also later acquiring Bahamian citizenship after the territory became an independent country. Templeton's renunciation had significant tax benefits, though he stated his emigration was motivated by the desire to get away from the pressures of Wall ...
He would renounce his U.S. citizenship, but after years of stress and campaigning, he refuses to pay the fee to do so. “There’s no question of me paying $2,350,” Lehagre says.
Under Department of Energy guidelines, an action that shows allegiance to a country other than the United States, such as a declaration of intent to renounce U.S. citizenship or actual renunciation of citizenship, demonstrates foreign preference and thus is a ground to deny a security clearance. [186]
Renunciation of US citizenship was free until July 2010, at which time a fee of $450 was established. [51] [52] An increase of 422 per cent, to $2,350, effective September 6, 2014, [53] was justified as "reflective of the true cost" of processing.
The Wall Street Journal reports that 2013 has already set a new record for "expatriations," defined as citizens renouncing More Americans Than Ever Are Renouncing Their Citizenship Skip to main ...
Americans who live overseas have been renouncing their US citizenship in record numbers over the past several years. In 2014, nearly 3,500 people bid a permanent adieu to the states, and the year ...
United States citizenship can be renounced by Americans via a formal procedure at a United States embassy. [9] [10] National citizenship signifies membership in the country as a whole; state citizenship, in contrast, signifies a relation between a person and a particular state and has application
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