05 November 2024

"Loss of Nationality"

5 Marcheshvan 5785

One of the happiest days of my life when I cut all ties to "wicked Rome".

Interesting how they consider it a "loss".  Their loss was my gain.

~ ~ ~

"Renouncing American citizenship used to be free, and not much talked about, until 2010 – the year when the new regulation known as the Foreign Account Tax Compliance Act (FATCA) was signed into law. That year the fee for renouncing was set at $450. In 2014, this was hiked by 422 percent, to $2,350."

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