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explicitly lists all seven potentially expatriating acts by which a U.S. citizen can relinquish that citizenship. Renunciation of United States citizenship is a legal term encompassing two of those acts: swearing an oath of renunciation at a U.S. embassy or consulate in foreign territory or, during a state of war, at a U.S. Citizenship and ...
Still, renouncing citizenship is very rare; the ultrawealthy are more likely to acquire second citizenships or residencies in places like Portugal or Malta than give up their American passports ...
United States law requires that prospective renunciants appear in person before a consular officer at a US embassy or consulate outside the United States and sign an oath or affirmation that the individual intends to renounce US citizenship. Exceptions to this rule are permitted in times of war and under special circumstances.
Perhaps the only quantifiable economic benefit of United States citizenship, citizens are not subject to additional withholding tax on income and capital gains derived from United States real estate under the Foreign Investment in Real Property Tax Act (FIRPTA). [citation needed] Transmission of United States citizenship to children born abroad ...
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 ...
Eventually, his belief in liberation theology would lead him to naturalize as a Honduran citizen in September 1974 and then renounce U.S. citizenship as a gesture of support for landless peasants and a measure of protest against the United States' influence in the country. Despite his naturalization, he was deported from the country in 1979 ...
The United States government first released a list of former U.S. citizens in a State Department letter to Congress made public by a 1995 Joint Committee on Taxation report. [4] That report contained the names of 978 people who had relinquished U.S. citizenship between January 1, 1994 and April 25, 1995. [5]