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What is interesting is that revoking your US citizenship (or Green Card permanent residency) isn't sufficient to stop you being subject to IRS law. It actually

by rswail 5y ago

What is interesting is that revoking your US citizenship (or Green Card permanent residency) isn't sufficient to stop you being subject to IRS law. It actually costs you money, $2,350, to give up your citizenship. The filings to give up a Green Card is equally byzantine.

fmajid 5y ago
Yes, and a substantial exit tax.
- mneubrand 5y ago
  For net worth >$2M or pretty high average income tax liability in the years before expatriation. Otherwise it's just the $2350