How to Renounce US Citizenship? (Step by Step)

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You decided to renounce US citizenship, but don't know what is involved? Today, we are guiding you step by step on what can you expect when you decide to renounce American citizenship.

Historically American passport was considered a valuable asset. Today, many don't feel that way anymore. With the always present tax burden that comes with American citizenship, reporting obligations, and inability to do banking in many countries more and more Americans feel that their US citizenship is a liability rather than an asset.

However, we certainly don't advise you on doing this by any means. Renouncing your US citizenship is a massive decision, and you should think well before making such a commitment.

If you thought through well, and still want to proceed with renunciation then this is something that can help you.

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We are Offshore Citizen team. We help people become global: get a second passport, set up a second residency, pay less taxes, do banking abroad, etc.

We have lots of interesting articles on different topics, we have relevant information up to date.
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