The Tax Times: US Expatriations Up 68.5% iFrom Last Year

Thursday, July 23, 2026

US Expatriations Up 68.5% iFrom Last Year

Are You Tired of Trump 2.0.
That The Republicans Now Control the House & the Senate.
Are You Sick of Liberal Democrats Trying to Revise Society.
Are You Tired of Government Shout Downs orFifth
Maybe You're A Naturalized U.S. Citizen Or Permanent Resident Who Has Prospered Here, But Would Now Like To Move Back The Old Country For Retirement?

You Might Want to Consider Expatriation?

The Internal Revenue Service said in its notice that the number of people who lost or renounced their U.S. citizenship totaled nearly 1,800 in the second quarter of 2026 as logged by the U.S. Treasury Department, up 68.5% year-over-year and 21.8% from the previous quarter, the IRS said on July 20, 2026.

Included on the list are those who lost U.S. citizenship under Internal Revenue Code Section 877(a) and Section 877A, according to the notice, as well as long-term residents who are treated as losing citizenship under Section 877(e)(2).

According to CNBC the top reason why Americans abroad want to dump their U.S. citizenship include:

Nearly 1 in 4 American expatriates say they are “seriously considering” or “planning” to ditch their U.S. citizenship, a survey from Greenback Expat Tax Services finds.
About 9 million U.S. citizens are living abroad, the U.S. Department of State estimates.
More than 4 in 10 who would renounce citizenship say it’s due to the burden of filing U.S. taxes, the Greenback poll shows.

Should I Stay or Should I Go?