TaxProf Blog

Editor: Paul L. Caron, Dean
Pepperdine University School of Law

Monday, October 26, 2015

Number Of Americans Renouncing Their U.S. Citizenship Hits All-Time High

International Tax Blog, 2015 Third Quarter Published Expatriates – A Record High:

Today the Treasury Department published the names of individuals who renounced their U.S. citizenship or terminated their long-term U.S. residency (“expatriated”) during the third quarter of 2015.

The number of published expatriates for the quarter was 1,426.  This is the highest quarterly number of published expatriates ever, surpassing the previous record of 1,335 that was set earlier this year (Q1 2015).

Expat

We continue to believe that the IRS is likely missing a significant number of names from its quarterly publication of expatriates

http://taxprof.typepad.com/taxprof_blog/2015/10/number-of-americans-renouncing-their-us-citizenship-hits-all-time-high.html

IRS News, IRS Scandal, Tax | Permalink

Comments

We should build a wall to keep them in. And make Russia pay for it.

Posted by: Publius Novus | Oct 27, 2015 7:32:12 AM

Who gives a darn about the folks who leave. Over the last decade more than 6.6 million people became naturalized citizens of the USA according to U.S. Citizenship and Immigration Services (USCIS). In fiscal year 2013, 777,416 individuals were naturalized, and in fiscal year 2014, 654,949 people were naturalized. 655,000 staying vs 5,000 leaving. Call when it is real news.

Posted by: Patrick | Oct 27, 2015 11:02:51 PM

The number is still tiny compared to the number of people becoming American citizens. And with the U.S. population at a record high, the number of Americans who for reasons ranging from marriage to climate decide to migrate somewhere else permanently is going to increase. Plus relocation is easier than it's ever been, and much more of the rest of the world is as prosperous as the U.S.

Actually, I'm surprised the number is so low, and really surprised at the 2008-2009 level.

Posted by: Rich Rostrom | Oct 28, 2015 12:31:50 AM