Posts

Record number of Americans abroad giving up citizenship

Image
Record Number Give Up U.S. Citizenship - Total Return A record 1,335 Americans living overseas renounced their citizenship in the first three months of 2015, according to the Internal Revenue Service. That number is 18 percent higher than the previous record, according to Bloomberg. In all of 2014, 3,415 individuals  gave up  their U.S. citizenship, the second straight year when renouncements hit a new record high. Record number of Americans abroad giving up citizenship Record Number Give Up U.S. Citizenship - Total Return Friday May 8 th , 2015  at  7:38 AM Total Return 1 Share By Laura Saunders The number of people giving up their U.S. citizenship continues to grow. DAVID GOLDMAN/ASSOCIATED PRESS A record 1,335 people renounced their U.S. citizenship or long-term residency during the first quarter of 2015, according to  a list released by the Treasury Department  on Thursday. The total is the highest quarterly number of