Author Topic: It will cost $450 to renounce citizenship.
Sith_Mauler 
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Subject: It will cost $450 to renounce citizenship.
WASHINGTON (AP) -- U.S. citizenship is priceless to some, worthless to others. But now the State Department has a dollar figure: U.S. citizenship is worth $450.

At least that's what it will cost you to renounce it.

New consular fees took effect Thursday. According to the Federal Register, the cost to process a formal renunciation of U.S. citizenship skyrocketed from $0 to $450.

The State Department doesn't say how or why it calculated the cost. Citizenship is free for most Americans who are accorded the privilege at birth. The department says only that it "has decided that the renunciant should pay this fee at the visit during which he or she swears the oath of renunciation."

 

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Chogram 
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Subject: It will cost $450 to renounce citizenship.
Were there so many people doing this that it was an issue...?

 

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Rhodoman 
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Subject: It will cost $450 to renounce citizenship.
Write.The.Check

Rho

 

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Sith_Mauler 
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Subject: It will cost $450 to renounce citizenship.
Chogram posted:
Were there so many people doing this that it was an issue...?




there was a link of drudge about record numbers of Americans renouncing citizenship to avoid taxes, especially Americans who live abroad.

 

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Reapist 
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Subject: It will cost $450 to renounce citizenship.
We should take up a collection for Sith.

 

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the_great_intex 
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Subject: It will cost $450 to renounce citizenship.
I would probably never renounce my citizenship. I do disavow my federal government though

 

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FineYoungCannibals 
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Subject: It will cost $450 to renounce citizenship.
I'm an American living and working in Canada, it cost me $5400 in lawyer fees to force the US to keep me as a citizen

they didn't want me to have two citizenships

 

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jonus156 
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Subject: It will cost $450 to renounce citizenship.
Rhodoman posted:
Write.The.Check

Rho




And the G.T.F.O.

 

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DunesVladHarkonnen 
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Subject: It will cost $450 to renounce citizenship.
FineYoungCannibals posted:
I'm an American living and working in Canada, it cost me $5400 in lawyer fees to force the US to keep me as a citizen

they didn't want me to have two citizenships


sad

 

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Aerlinthian 
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Subject: It will cost $450 to renounce citizenship.
I guess that isn't terribly expensive for a price of bondage removal.

 

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Tipztoe 
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Subject: It will cost $450 to renounce citizenship.
what happens if you renounce it? Do they kick you out?

 

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NonOffensiveName 
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Subject: It will cost $450 to renounce citizenship.
Tipztoe posted:
what happens if you renounce it? Do they kick you out?
where exactly would they send you? it would be illegal I think to drop you off anywhere that is a soverign state

 

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levgre 
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Subject: It will cost $450 to renounce citizenship.
A person wishing to renounce his or her U.S. citizenship must voluntarily and with intent to relinquish U.S. citizenship:

1 appear in person before a U.S. consular or diplomatic officer,
2 in a foreign country (normally at a U.S. Embassy or Consulate); and
3 sign an oath of renunciation

 

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Ah-Schoo 
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Subject: It will cost $450 to renounce citizenship.
Aerlinthian posted:
I guess that isn't terribly expensive for a price of bondage removal.
If you renounced the internet, not only is it free, you could save money!

 

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Arc_DT 
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Subject: It will cost $450 to renounce citizenship.
FineYoungCannibals posted:
they didn't want me to have two citizenships

Probably because this is an oxymoron. Why they let anyone do this is beyond me.

 

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Fallen_daemon 
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Subject: It will cost $450 to renounce citizenship.
us laws regarding americans working in other countries to pay american taxes makes no sense at all. no other countries besides communist europe does this.

 

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the_great_intex 
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Subject: It will cost $450 to renounce citizenship.
Australia I think does it also. There was a guy who worked where I work who could no longer afford paying those double wammy taxes and had to move back to that prison island

 

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Fallen_daemon 
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Subject: It will cost $450 to renounce citizenship.
If you are a U.S. citizen or resident alien, the rules for filing income, estate, and gift tax returns and paying estimated tax are generally the same whether you are in the United States or abroad. Your worldwide income is subject to U.S. income tax, regardless of where you reside.

http://www.irs.gov/businesses/small/international/article/0,,id=97324,00.html


if you don't work in the us and pay taxes to the government and not renounce your citizenship you are a fool.

 

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suntzukali2 
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Subject: It will cost $450 to renounce citizenship.
I guess Superman owes the US 450 dollars. Good luck collecting.

 

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Lothland 
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Subject: It will cost $450 to renounce citizenship.
Fallen_daemon posted:
If you are a U.S. citizen or resident alien, the rules for filing income, estate, and gift tax returns and paying estimated tax are generally the same whether you are in the United States or abroad. Your worldwide income is subject to U.S. income tax, regardless of where you reside.

http://www.irs.gov/businesses/small/international/article/0,,id=97324,00.html


if you don't work in the us and pay taxes to the government and not renounce your citizenship you are a fool.


You know how easy it is to avoid having to pay anything when working/living abroad right?

 

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