Thursday, February 4, 2021
The Number Of Americans Renouncing Their U.S. Citizenship Hit All-Time High In 2020, Up 237% From 2019
International Tax Blog, 2020 Sets New Record For Published Expatriates:
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 fourth quarter of 2020.
The number of published expatriates for the fourth quarter was 660, bringing the total number of published expatriates in 2020 to 6,707. The number of expatriates for 2020 is a 237% increase from 2019.