FATCA

Renouncing U.S. Citizenship in 2025

Renouncing U.S. Citizenship in 2025: Process, Exit Tax, and Form 8854 Explained

Can an individual renounce their U.S. citizenship, and what are the associated tax consequences? Renouncing U.S. citizenship constitutes a significant personal and financial undertaking. While the procedural steps are relatively straightforward, individuals who choose to renounce citizenship must comply with rigorous tax regulations enforced by the U.S. government. It is imperative to gain a comprehensive …

Renouncing U.S. Citizenship in 2025: Process, Exit Tax, and Form 8854 Explained Read More »