08/30/2014 - Renunciation of U.S. Citizenship About To Get More Expensive: From $450 to $2350 America’s Corralito Tightens
With an exponentially increasing number of Americans & U.S.-based companies renouncing their citizenship, the U.S. State Department is now looking to raise the cost of renunciation from U.S.$450 to U.S.$2350on individuals .. [Cliff Note: Expect similar regulations or rule changes soon to keep U.S. corporations from renouncing their citizenship through overseas corporate inversions, like what Burger King is doing now .. America’s corralito tightens .. ]
The Financial Repression Authority (FRA) educates investors, funds and retirees on the adverse risks resulting from good-intentioned macroprudential central bank policies, government fiscal policies and financial regulations focused on controlling excessive government debt, attempting to stimulate economic growth, and minimizing the potential for financial and economic crises. FRA provides consulting services, lead generation services and retirement solutions.
(*: indicates required .. Click on "Contact Us" once and your email will be sent to us. We will reply to you ASAP.)
Terms of Use and Disclaimer © 2015-2023 - Financial Repression Authority