Exiting the US tax system as a green card holder can be much simpler than a citizen's renunciation. There is no consular appointment, no oath, and no government fee. However, if you are not careful, it can trigger the exact same "exit tax" and complex reporting that...
The US exit tax is a potentially large tax bill that can hit when renouncing your US citizenship or green card. But with good planning, you can often completely avoid or at least minimize it. Exit tax applies a different set of rules to different asset...
In April 2026, the State Department cut the fee for renouncing US citizenship from $2,350 to $450, an 81% reduction that removed the most visible barrier to giving up an American passport. Consulates are already seeing more appointment requests, and if you're reading...