Do you want to give up your US green card to exit the US tax system? Maybe you moved away and don’t need it anymore. But just letting it expire doesn’t end your permanent resident status, and you might still be liable for US taxes. Green card holders that are...
Month: January 2024
Renouncing US Citizenship And Exit Tax: What You Need to Know (And The Step-By-Step Renunciation Process)
The number of US citizens renouncing their citizenship continues to increase. A staggering quarter of Americans living abroad are contemplating this drastic move. They cite complex US tax filing requirements as well banking hassles related to FATCA as reasons to...