Thursday, August 28, 2014

Renunciation of U.S. Citizenship
About to Get More Expensive:
From $450 to $2350
With an exponentially increasing number of Americans & U.S.-based companies renouncing their citizenship, the U.S. State Department is now looking to raise the cost of renunciation from U.S.$450 to U.S.$2350 on individuals .. [Cliff Note: Expect similar regulations or rule changes soon to keep U.S. corporations from renouncing their citizenship through overseas corporate inversions, like what Burger King is doing now .. America's corralito tightens .. ]
LINK HERE to the article
LINK HERE to the U.S. State Department PDF

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