US Citizens Renounce Citizenship in Canada
Vancouver News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Thousands of dual citizens, particularly in Canada, are renouncing their U.S. citizenship annually due to tax burdens and political tensions. The U.S.s unique citizenship-based taxation policy, along with President Trumps policies, is a significant factor. The process involves a fee and interview, but many hire experts to avoid pitfalls. Despite potential loss of voting rights, renunciations continue to rise.
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