Renouncing American Citizenship Hits All-Time Record

Global Investment Voice

Mona and Mark are joined by Alexander Marino to discuss the growing trend of Americans renouncing their U.S. citizenship.
In this episode, you will be able to:
• Understand the step-by-step process and costs involved in renouncing US citizenship for informed decision-making.
• Discover the tax implications associated with giving up US citizenship and how to strategically plan for them.
• Explore the reasons behind the increasing trend of American renunciations and its potential impact on expatriates.
• Learn about the significance of FATCA and how it affects American expats living abroad.
• Uncover the complexities of dual citizenship and the related tax obligations for expatriates and green card holders.
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To discover the show notes on this episode as well as other topics, information, and resources; please head over to https://mshahlaw.com/Podcast/