Renouncing and losing your citizenship both result in no longer being a U.S. citizen. Learn how to voluntarily renounce your citizenship or how you might involuntarily lose it.
What happens when you renounce or lose your U.S. citizenship
Renouncing or losing your citizenship both happen under very limited circ*mstances. Both mean that you:
Renouncing or losing your citizenship both happen under very limited circ*mstances. Both mean that you: No longer have rights and responsibilities as a U.S. citizen. Must become a citizen of another nation or risk becoming "stateless"
Aside from reducing the monetary burden of taxation, renouncing will also reduce the filing burden that all US citizens face. You will no longer have to file a US tax return, fill out Form 5471 for foreign companies, or report your foreign bank accounts with the FBAR form.
Under U.S. law, citizenship can be terminated for reasons such as becoming a citizen of a different country, fighting in a war for a different country against the U.S., or attempting to overthrow the U.S. government.
A person wishing to renounce his or her U.S. citizenship must voluntarily and with intent to relinquish U.S. citizenship: appear in person before a U.S. consular or diplomatic officer, in a foreign country at a U.S. Embassy or Consulate; and. sign an oath of renunciation.
Renunciation of U.S. citizenship is final and irrevocable. You lose citizenship for the rest of your lifetime. There are no temporary renunciations or options to re-acquire U.S. citizenship. Once you renounce, you can never resume your citizenship.
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