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Comment by arcticbull

It's significantly more than $2350 for many people - you may be required to pay capital gains tax on all of your assets as though you disposed of them all on your last day as a US citizen. Same applies to people who have held a green card for more than 8 of the 15 years preceding abandonment. [1]

[1] https://www.irs.gov/individuals/international-taxpayers/expa...

parent arcticbull 3 years ago

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