Thursday, February 6, 2014
Number of Americans Who Renounced U.S. Citizenship Increased 221% in 2013, to All-Time High (68% Over Previous Record)
The Treasury Department today released its quarterly list of Americans who renounced their U.S. Citizenship or terminated their long-term U.S. residency. Andrew Mitchell, 2013 Expatriations Increase by 221%:
The number of published expatriates for the quarter was 630, bringing the total number of published expatriates in 2013 to 2,999. The total for the year shatters the previous record high of 1,781 set in 2011 and is a 221% increase over the 2012 total of 932.
Update:
- Forbes: Americans Renouncing Citizenship Up 221%, All Aboard the FATCA Express, by Robert W. Wood
- Wall Street Journal: Expatriations Rose to Record Last Year, by Laura Saunders
https://taxprof.typepad.com/taxprof_blog/2014/02/number-of-.html
Comments
The list is compiled with a ouija board and a quantity of scotch adequate to the task of understating what has now become the ex-officio US "Dissatisfaction Index"
Posted by: John | Feb 7, 2014 2:02:42 AM
Of course the published numbers are vastly understated, presumably for political reasons. Compare them to other sources (even the FBI list numbers are much higher and don't even include those relinquishing) and this becomes obvious. I know many who have renounced and have never appeared on the list, including myself.
Posted by: Guest | Feb 7, 2014 6:21:57 AM
I have some doubts that "Glaernischestrasse E12C Switzerland" is a real person.
Posted by: Randall Kau | Feb 6, 2014 2:29:01 PM