To Renounce Or Not To Renounce - What Are The Benefits Of Remaining a US Citizen?

November 14, 2022 - Participants include:

 

John Richardson - @Expatriationlaw

 

Jimmy Sexton - @JimmySextonLLM

 

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To retain or renounce ...

There are many reasons to renounce US citizenship. There are also many reasons to retain US citizenship.

 

This podcast was motivated by a tweet that asked the question:

 

https://twitter.com/AccidentallyUSC/status/1591880260861448192

 

"What reasons are there against renunciation, other than you think you’ll one day move to the US? #fatca #taxtwitter"

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Jimmy and John suggest a number of different considerations when thinking about this question  ...