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Even if they were aware that they are a US citizen, it is highly unlikely that they are aware of the tax consequences unless somebody explicitly told them. In
by TomVDB 6y ago
Even if they were aware that they are a US citizen, it is highly unlikely that they are aware of the tax consequences unless somebody explicitly told them.
In almost all countries in the world, there is no good reason to renounce your accidental citizenship of a foreign country and there is no point in going through the trouble of doing so. And that doesn't even take into account the high cost of doing it.
- walshemj 6y agoIt might only come up in later life when the IRS come after your inheritance "sorry your parent just died - but that house they left you we want a slice"