Renounce U.S. Citizenship Fee Cut To $450—But Tax Traps Remain

The U.S. Department of State just cut the citizenship renunciation fee from $2,350 to $450, but exit tax rules, Social Security limits, and transfer tax traps still create major consequences. For Americans contemplating expatriation, the change may seem like a major victory. For years, critics argued that the United States imposed the highest administrative fee … Continue reading Renounce U.S. Citizenship Fee Cut To $450—But Tax Traps Remain