We have helped hundreds of people renounce their US citizenship.
We understand that it’s a deeply personal decision and the pros need to be weighed against the cons.
The pros
Form-Free Living
You are rid of the complex annual U.S. tax filings.
Tax Savings
There is no upside to being taxed by two countries.
No Border Issues
With proper advice you will still be able to get into the US easily after renouncing.
No Taxation
With proper guidance, most people will not have to pay taxes when they renounce.
Legal Changes
The tax situation for those outside the US may get worse – renouncing now insulates you from this.
The cons
Moving
Moving to the U.S. becomes more difficult.
Voting
You will no longer be able to vote in U.S. elections.
Passports
You cannot keep your U.S. passport.
Consulates
You will no longer have access to U.S. consular services.
Fees
The U.S. government charges a fee of $2350.
To learn more:
Contact Charmaine Ko, J.D., LLM
to discuss your specific situation
charmaine@polaristax.com or 604 283 9303
We charge a fixed rate to take care of all aspects of renouncing U.S. citizenship.