Saturday, October 25, 2014

More Americans Renounce Citizenship, With 2014 on Pace for a Record - Total Return - WSJ

More Americans Renounce Citizenship, With 2014 on Pace for a Record - Total Return - WSJ: Significant numbers of people are continuing to renounce their U.S. citizenship or end their long-term U.S. residency.

There are 776 names on the Treasury Department list published Friday for the third quarter of 2014.

That’s the third highest quarterly figure ever, according to Andrew Mitchel, an international tax lawyer in Centerbrook, Conn., who tracks the data. The total number of published renouncers so far in 2014 is 2,353, putting this year on pace to exceed last year’s record total of 2,999, adds Mr. Mitchel.

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