GT I Renunciation of U.S. Citizenship: Understanding the Consequences and Benefits

According to the U.S. Treasury Department, every year a significant number of Americans renounce their U.S. citizenship. The reasons vary, and often include a stronger allegiance to another country, family dynamics, or the complexities of U.S. tax and financial regulations for citizens living abroad. Renouncing U.S. citizenship is a major decision with far-reaching consequences. Read more. Compliments Greenberg Traurig