Americans Are Renouncing Their Citizenship In Record Numbers

Tyler Durden's picture


Three times more Americans gave up on America in 2013 than in 2012. As The WSJ reports, last year saw a record number of US taxpayer expatriations. While "exceptionalism" and living the American Dream remain cornerstones of maintaining the US citizenry's view of the world, it seems everything from tax-code changes to spying drove 2,999 people to hand in their passports last year, "above all, fear seems to be driving this increase."



Via WSJ,



According to the Treasury Department, 630 individuals renounced their U.S. citizenship or ended their long-term U.S. residency by turning in their green cards during the fourth quarter.


The fourth-quarter figure brought to 2,999 the total number of expatriations for 2013. The previous record was 1,781 in 2011, said Andrew Mitchel, a tax lawyer in Centerbrook, Conn., who tracks the data.




attributed the surge to increased awareness of the obligation to file U.S. tax returns, the increasing burden of compliance and the fear of large penalties for failure to file U.S. returns.


"Above all, fear seems to be driving this increase in expatriations,"




The U.S. is unique among developed nations in requiring citizens and green-card holders to file tax returns, regardless of where they live, he noted. People who expatriate also can be subject to exit tax.



However, we suspect this spike in 2013 is only the beginning...

This week, Internal Revenue Service Commissioner John Koskinen told a congressional committee that since 2009 more than 43,000 U.S. taxpayers have entered a special program for taxpayers with undeclared offshore accounts and paid more than $6 billion in back taxes, interest and penalties.


Experts representing such taxpayers estimate that the IRS still is due several billion dollars more.


The Foreign Account Tax Compliance Act may also be encouraging some taxpayers to expatriate, experts said. Set to take effect this year, it requires foreign financial institutions to report account information to the U.S., both for U.S. citizens and green-card holders living in the U.S. and abroad.

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Sun, 02/09/2014 - 17:37 | 4417904 So Close
Sun, 02/09/2014 - 17:41 | 4417915 The Juggernaut
The Juggernaut's picture

Abandon fucking ship, huh?

Sun, 02/09/2014 - 17:41 | 4417916 Zero_Sum
Zero_Sum's picture

Belize is looking better by the day.

Sun, 02/09/2014 - 17:44 | 4417919 The Juggernaut
The Juggernaut's picture

Totes.  Where are they going?

Sun, 02/09/2014 - 17:49 | 4417927 flacon
flacon's picture

 I'm considering it. I'm living further North now (wink, wink). Haven't paid taxes to EyeAreEss since 2009. "Fuck the USA". 

Sun, 02/09/2014 - 17:51 | 4417940 The Juggernaut
The Juggernaut's picture

Everyone should hand in their passports and tell the US gov't to fuck off but continue to live in the USA.  Revolt.

Sun, 02/09/2014 - 17:57 | 4417961 TeamDepends
TeamDepends's picture

We heartily encourage the candy-assed maggots who are not willing to fight for freedom to seek the nearest exit at once.

Sun, 02/09/2014 - 18:10 | 4417996 Duke of Earl
Duke of Earl's picture

Everyone is waiting to see the American steely eyed, lantern jawed freedom fighters begin the struggle.

And waiting....

Seems the freeloaders are winning the battle.

Sun, 02/09/2014 - 18:13 | 4418012 0b1knob
0b1knob's picture

US renounced its citizens long ago.  We are all subjects (ie slaves) now.

The (rational) rats are leaving a sinking ship.   More power to them.

Sun, 02/09/2014 - 18:45 | 4418110 TeamDepends
TeamDepends's picture

"Everyone is waiting...", "The (rational) rats are leaving the sinking ship."  All of the ships are sinking.  There is no safe harbor.  If you are not willing to stand your ground, then you will spend your life running.

Sun, 02/09/2014 - 18:56 | 4418142 Occident Mortal
Occident Mortal's picture

I wonder what the average net worth of those 2,999 individuals is?

I'm guessing it's above average.

Sun, 02/09/2014 - 21:35 | 4418562 asdasmos
asdasmos's picture

Some people here are defending their current choice to stay or disparage people who renounce, as this list is making them fear they were wrong.

"The problem with bubbles is that they force one to decide whether to look like an idiot before the peak, or an idiot after the peak." - John Hussman

Sun, 02/09/2014 - 18:54 | 4418143 Occident Mortal
Occident Mortal's picture

I wonder what the average net worth of those 2,999 individuals is?

I'm guessing it's above average.

Sun, 02/09/2014 - 20:02 | 4418348 remain calm
remain calm's picture

Where do you sign up? Living in the America I have become to feel like a milk cow.

Sun, 02/09/2014 - 20:56 | 4418473 mt paul
mt paul's picture


Sun, 02/09/2014 - 21:21 | 4418535 Unpopular Truth
Unpopular Truth's picture

I have heard that they can stay here illegally, and as such get free benefits without paying taxes.

Can someone please confirm right or wrong



Sun, 02/09/2014 - 21:34 | 4418546 asdasmos
asdasmos's picture

Depends on your origin

Sun, 02/09/2014 - 21:53 | 4418604 DoChenRollingBearing
DoChenRollingBearing's picture

Expatriating is a difficult thing.  I would not recommend to it to most.  You must learn the language, like the food and be prepared to live differently.  Unless you are very rich.

Peru would be our first choice.

Costa Rica is an option, but just that, not my favorite, although a fair number of Americans are there.

Sun, 02/09/2014 - 23:29 | 4418823 Money 4 Nothing
Money 4 Nothing's picture

It's easy as shit. 8 was filed on November 12 2013. I got interviewed 3 months later and granted. Done. I'm an American citizen now. Exit tax pending for mid March. And enjoy your State of Emergency when this . gov turns brutal with mil to mil contacts with foreign allies allowed to mow you and your family down in tbe street.

Sun, 02/09/2014 - 23:38 | 4418841 CheapBastard
CheapBastard's picture

Since 2 million immigrants flood into the country every year....these handful of departing people are insignificant.

Mon, 02/10/2014 - 09:43 | 4419513 ignl
ignl's picture

Yeah but those leaving probably are with at least 1M in bank account or with really good income...

Sun, 02/09/2014 - 21:47 | 4418586 scrappy
scrappy's picture

You are "stock" cattle according to some...

...without you even knowing.  MOO

Check out why.

If we convene "Common Law" Grand Juries in every county in these united states, the people will come.

Join us.

Sun, 02/09/2014 - 22:19 | 4418650 Help Is Not Coming
Help Is Not Coming's picture

Well, if you're going to do that then why don't you convene a Common Law Grand Jury and see if you can get an indictment of "consipracy to commit murder" for our dear leader's extra judicial killing of American citizens without due process?

I bet that would prove to be interesting..... Heck, it might even make the news.

Sun, 02/09/2014 - 20:35 | 4418432 Real Estate Geek
Real Estate Geek's picture

Stand your ground, eh?  OK--lead on, Team D.  I surmise that there are a whole lot of indians out there just waiting for a chief.

Sun, 02/09/2014 - 18:47 | 4418109 nodhannum
nodhannum's picture

You forgot to mention that these "candy-assed maggots" are generally folks who pay lots of taxes.  I have no fear there places will be taken by folks you approve of who are takers and not makers.

Sun, 02/09/2014 - 19:00 | 4418159 TeamDepends
TeamDepends's picture

"I have no fear there (sic) places will be taken by folks you approve of who are takers and not makers."  Wrong!  Why would you assume this?  The FSA and the socialist/progressive agenda which has enabled them is the root of the disease which is killing this country.  Also, if someone who has "paid lots of taxes" is willing to simply pull up the stakes and run like a pansy, then see ya! 

Sun, 02/09/2014 - 20:40 | 4418438 Real Estate Geek
Real Estate Geek's picture

Pansy, huh?  So what do you call someone who just lays there on their stomach and keeps taking it up the ass?

Sun, 02/09/2014 - 20:43 | 4418450 TeamDepends
TeamDepends's picture

Um, a gay pansy?

Sun, 02/09/2014 - 20:47 | 4418453 Clever Name
Clever Name's picture

Your mother?

Sun, 02/09/2014 - 21:53 | 4418607 balanced
balanced's picture

You asked for that one bro.

Mon, 02/10/2014 - 00:53 | 4418993 Real Estate Geek
Real Estate Geek's picture

I did indeed.  (I'm surprised he didn't reply "Real Estate Geek.")

Sun, 02/09/2014 - 20:50 | 4418464 BigJim
BigJim's picture

Shlomo: "I don't like the way things are going, man. Shit's getting heavy. I think it may be time to move on."

Heimey: "The fuck? Don't be a candy-assed maggot, bro. Running away never solved anything. Stand your ground and fight for your rights!"

Shlomo: I dunno, man. I think a major pogrom is on its way, a real shitstorm of truly epic proportions."

Heimey (guffaws): "What are you talking about??? Pogroms??? Here? Today??? This isn't 1830s Russia! This is 1932 Munich! Relax. Have another bagel."

Sun, 02/09/2014 - 19:18 | 4418181 Money 4 Nothing
Money 4 Nothing's picture

Enjoy an asemetrical war with the Crown, China and Russia. Just have your Constitution in your left hand and your Jolly Roger American flag in your right. Oh... Don't forget your guns.

I'm certain they will respect your soverign rights on their land as a US Citizen,  dumb squater. You don't even know when the music stopped do you?


Everythings sold and their about to cash your wealth, body and children once they reach your address.  Can't fight for what we never owned. Crown was here setting the stage in the 1600's.


Good luck with your Revolution, I'll be cheering for you sippin a Martini watching CNN Lookin at tits on a white sands beach While your wife is blowing the PLA Chinese for a happy meal.

Sun, 02/09/2014 - 19:24 | 4418209 TeamDepends
TeamDepends's picture

Congratulations!  You are one of the 274 spineless, brain-dead zombies who watch CNN.







Sun, 02/09/2014 - 19:33 | 4418240 TeamDepends
TeamDepends's picture

WOW!  So those of you who junked us are not willing to fight for your freedom?????

Sun, 02/09/2014 - 19:43 | 4418276 TeamDepends
TeamDepends's picture

Tyler, we would like to thank you for what was a great website.  It is not your fault, but what was once Fight Club has become When Big Brother Says Bend Over I Say How Low Club.

Sun, 02/09/2014 - 20:57 | 4418476 BigJim
BigJim's picture

'Big Brother' isn't going to bend you over. You will be bent over by one of the multitude of minions of a body politic comprising your fellow citizens who will cheerfully see you raped so they can keep getting free shit.

You think you can 'fight' an entire polity that thinks it owns you? Good luck with that; you can't win a war that's already been lost. America is dead, long live the the USSA.

Sun, 02/09/2014 - 23:15 | 4418788 TeamDepends
TeamDepends's picture

francis, you're not missing anything.  Yeah, let's hit Las Fuentes...........

Sun, 02/09/2014 - 19:55 | 4418321 Money 4 Nothing
Money 4 Nothing's picture


Check your Blacks Law Dictionary to understand what the bracketed words mean, or call a Lawyer friend to explain contract motion and verbage.

Means that [ ] phrase in the Constitution never existed.

Sun, 02/09/2014 - 20:35 | 4418434 TeamDepends
TeamDepends's picture

Freedom does not come from the pages of a book written by lawyers, boy.

Sun, 02/09/2014 - 21:42 | 4418575 kchrisc
kchrisc's picture

However, the 9th. Amendment says, "The enumeration in the Constitution, of certain rights, shall not be construed to deny or disparage others retained by the people."

This also impinges on guns as well. The Constitution did not take away the right to guns, so you have it. That is why they always frame "gun-control" debates around the 2nd. They don't want you to know and think about the idea that you have all rights unless expressly banned in the Constitution . So people should be demanding their 9th. Amendment protections, and not their 2nd.

While I appreciate the legal argument that this "corporation" argument makes, all argument should begin and end with "The Law of the Land," the Constitution. And to be blunt, how ridiculous is the idea of arguing about capital letters, etc. when all of their power resides in one place, and one place only, your willingness to obey,


"Hang'em high, cut'em 'short."

Sun, 02/09/2014 - 21:48 | 4418592 Money 4 Nothing
Money 4 Nothing's picture

We haven't had a Constitution since 1933. Were  under Maritime Law, Law of Admiralty or Law of the Sea. Whatever you want ot call it, anyone says Constitutionally legal or whatever are either liars to trick you or willfully ignorant.

Proof. Majistrate courts. BAR is British Law. 

Sun, 02/09/2014 - 23:19 | 4418692 Money 4 Nothing
Money 4 Nothing's picture

Were not bickering upper or lower case, im pointng out "of" and "for" the united states.


We enforce UCC. Universal Commercial codes.






 Commerce clause is the only reason why were alllowed to buy guns.


Do your own due dilligence. We are a lawless land. They enforce code and statutes from Acts and thats it.

Sun, 02/09/2014 - 21:18 | 4418530 RaceToTheBottom
RaceToTheBottom's picture

"We heartily encourage the candy-assed maggots who are not willing to fight for freedom to seek the nearest exit at once."

Please explain to us what you have done to carry the mantle of the "fight for freedom".  Being a fight club veteran, that should be no problem for you.

Sun, 02/09/2014 - 20:15 | 4418376 kchrisc
kchrisc's picture

Just quit paying. Just stop. Stop paying on loans, especially student loans, and taxes.

If the people just say no more and stop paying, obeying and playing along with these criminals, they'd melt away. Sure, they will take a few or our heads with them, but they are going to do that anyways which is what NDAA is all about.

Stopping is our first and best weapon against them. Just stop.


The Four Rs
Rejection: Quit paying, quit obeying , quit playing
Revolution: It is inevitable, so prepare, as they are.
Retribution: Is there really any place for these sociopaths and criminals in a restored civil and Constitutional society?!
Restoration: Restore the Constitutional republic.

Sun, 02/09/2014 - 21:28 | 4418548 Blue Boat
Blue Boat's picture

@kchisc - Your comments remind me of a favorite quote:

"If the people will lead, the leaders will follow."

--- Mahatma Ghandi

Sun, 02/09/2014 - 20:57 | 4418477 Stuck on Zero
Stuck on Zero's picture

Decisions, decisions.  What country to move to ...

Argentina, no

Venezuela, no

Ukraine, no

France, non

Spain, non

Syria, no

Ah heck.

Mon, 02/10/2014 - 02:46 | 4419107 ThirdWorldDude
ThirdWorldDude's picture

6 down, 190 to go... Keep on countin'.

Mon, 02/10/2014 - 08:44 | 4419376 Glasnost
Glasnost's picture

Norway, yes

Canada, yes

Singapore, yes


Sun, 02/09/2014 - 19:00 | 4418157 Money 4 Nothing
Money 4 Nothing's picture

More precisely,

Fuck THE UNITED STATES OF AMERICA, INC located on foreign soil inside the District of Columbia that's owned by the Tri star Nation, offshore bankers and Multi National Corporations. 


USA seems like it was a nice country at one time.

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