Every year, a significant number of American citizens and green card holders eschew the rights associated with those privileges, giving them up entirely. The reasons for expatriation, as the renunciation of one’s citizenship or giving up of one’s green card is commonly called, vary, but often center
Question I formally renounced my U.S. citizenship last year, and am wondering whether the “expat tax” applies to me - I’m hopeful that it doesn’t, given my extremely limited contacts with the country. I haven’t lived full time in the United States in nearly two decades, and have since then
U.S. citizens have to file a tax return with the IRS every year, irrespective of the fact that they may have lived or worked outside of the country for the year in question -- and they may owe taxes, as well.