State Department slashes renunciation fee by 80% to $450

The State Department Reduces Renunciation Fee

The U.S. State Department has decreased the fee for Americans renouncing their citizenship by 80%, setting it at $450. This adjustment follows legal battles and advocacy from groups representing those wishing to give up their citizenship. The fee now matches the cost when first implemented in 2010, after a significant increase in 2015 due to new tax reporting requirements.

Renouncing citizenship requires multiple declarations confirming understanding of the implications, a process that remains complex and lengthy.