White House will take a financial loss to make it easier for Americans to walk away from citizenship starting in April
Archived version: https://archive.is/20260317141337/https://www.theguardian.com/us-news/2026/mar/17/cost-renounce-citizenship-trump-administration
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Lol. It cost $2350 to stop being American?
That is the most American thing I’ve ever heard of.
I think American citizens living abroad still have to pay income taxes or something. So they probably wanted to disincentivize getting rid of citizenship so they still get your taxes.