Thousands of Americans Renounce Citizenship as Expat Figures Rise
Summary
The number of Americans giving up their U.S. citizenship or permanent resident status has grown to the highest level since 2020. This rise is linked to tax rules, especially after a 2010 law that made Americans abroad report and pay U.S. taxes on foreign income, and some people’s political views related to President Donald Trump.Key Facts
- In the past 12 months, 5,790 Americans renounced citizenship or gave up green cards, the highest total in six years.
- Between April and June 2026, 1,781 individuals renounced citizenship, a 68.5% increase from the same period last year.
- Before 2008, fewer than 500 Americans gave up citizenship yearly, but numbers rose significantly after the 2010 Foreign Account Tax Compliance Act (FATCA).
- FATCA requires foreign banks to report information about U.S. account holders, increasing tax burdens for Americans living abroad.
- Many Americans face double taxation—paying taxes both to the U.S. and their country of residence.
- In 2020, expatriations reached a modern record of 6,705.
- Legal experts report high demand to renounce citizenship, causing long wait times at embassies.
- Some people renounce citizenship to avoid taxes; others have political reasons linked to President Donald Trump’s policies.
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