Applying for US citizenship for a child under the age of 18 is possible, but has tax implications.
If you have renounced your US citizenship or abandoned your green card, you may be subject to the US exit tax on any property you own prior to your departure.
Before making the decision to abandon your Green Card, several things should be taken into consideration. Here’s what you need to know.
To renounce US citizenship, you must obtain a certificate of loss of nationality, go to the consulate and pay the required fees.
The Streamlined Foreign Offshore Procedure can help you regularize your situation if you have failed to meet your US tax obligations.
If you have renounced your US citizenship after 2010, you may be eligible for the IRS Relief Procedures for Certain Former Citizens.
Not sure you have US citizenship? Here are the different scenarios under which the United States considers you a US citizen.
Are you an American citizen living in Canada? Would you like to know the tax implications of having US citizenship despite having left the United States several years ago? This text is for you!