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ARTICLE · 09 FEBRUARY 2018

Renouncing Your U.S. Citizenship: Failed Amendment May Signal That Now Is The Time To Get Out!

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If you are one of the many U.S. citizens contemplating renouncing your U.S. citizenship, Congress has sent fairly clear messages that now, as opposed to later, may be the right time to get out of the club.

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Alexander Marino
Alexander Marino
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A. INTRODUCTION

If you are one of the many U.S. citizens contemplating renouncing your U.S. citizenship, Congress has sent fairly clear messages that now, as opposed to later, may be the right time to get out of the club. On June 12, 2013, U.S. Senators Jack Reed (D-RI) and Chuck Schumer (D-NY) attempted to add yet another hurdle to the ongoing saga for those individuals looking to renounce their U.S. citizenship when they filed an amendment to an immigration reform bill. This amendment would have ensured that the U.S. Department of Homeland Security could exclude certain individuals from re-entry into the United States. The proposed amendment was never voted on in the House of Representatives and died before reaching the floor. But if it had made its way into law, it would have excluded from re-entry not only former U.S. citizens who renounce for tax avoidance purposes (as is the current law), but also renouncing individuals who are considered "Covered Expatriates" u

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