I Just Discovered That My Child Is A US Citizen: What Do I Do?

As parents, we are experts when it comes to our children: how they like their sandwiches sliced, which stuffed animal is most beloved, and how to reassure them after a bad dream. However, when it comes to your child's citizenship, there may be more you need to know. We've previously written about the circumstances in which your child may have acquired US citizenship here. If you've just discovered that your child is actually a little 'Yankee,' you may now be wondering what you need to know to become an expert in this new facet of your child's life.

First and foremost, it is important to resist the temptation to 'deal with it later' or 'worry about it if it comes up.' As a US citizen, your child is liable to US federal tax and reporting obligations, possibly from an early age. In addition, as your child grows up, they are likely to run into issues opening bank accounts or making certain investments when banks discover their citizenship during the due diligence