Close Menu
    Facebook X (Twitter) Instagram
    TRENDING :
    • Becoming a mentally healthy leader
    • YouTube Premium vs. YouTube Premium Lite: What’s the difference?
    • Canada Slips Into Recession | Armstrong Economics
    • The loneliness no one warns CEOs about
    • Zelensky Betrays Poland | Armstrong Economics
    • Top AI Experts Forbidden To Leave China Without Approval
    • 10 Affordable Franchises to Open Today
    • Best Growing Franchises: Top 10 to Invest
    Populist Bulletin
    • Home
    • US Politics
    • World Politics
    • Economy
    • Business
    • Headline News
    Populist Bulletin
    Home»Business»A record number of Americans want out—and now the government is making it easier
    Business 3 Mins Read

    A record number of Americans want out—and now the government is making it easier

    Business 3 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email Copy Link
    Follow Us
    Google News Flipboard
    Share
    Facebook Twitter LinkedIn Pinterest Email

    If you’re looking to leave the United States for greener pastures, that process is about to get a whole lot cheaper.

    Starting next month, the cost of renouncing your U.S. citizenship will go down dramatically—a boon for people already shouldering the burden of paying for a major overseas move. Those wishing to formally shed their American citizenship are required to obtain a form called a Certificate of Loss of Nationality (CLN), and right now it comes with a whopping $2,350 fee. 

    In April, that fee will drop by 80%, to $450, according to a final rule recently published in the Federal Register. The State Department says the change is designed to “help alleviate the cost burden for those individuals who decide to request CLN services,” and will bring the fee in line with what it was prior to a price hike in 2015. “A $450 fee is a significant decrease from the current fee that, when adjusted for inflation, represents less of a financial burden than the same fee did when it was first adopted in 2010,” the State Department wrote.

    People seeking a safe haven from the current political chaos in the U.S. aren’t the only ones who might need a Certificate of Loss of Nationality. American citizens already living abroad might want to officially renounce their citizenship to avoid filing taxes in the U.S., particularly if they’ve never lived there or don’t plan on moving back. 

    Like other paperwork gauntlets associated with American citizenship, obtaining the certificate needed to seal the deal can take many months or more. That process is complicated by a backlog of appointment requests and a steady rise in how many people are now moving out of the U.S.—with some looking to give up their U.S. citizenship for good.

    More people are leaving the U.S.

    Last year, more people moved out of the U.S. than into it, a phenomenon that hasn’t happened in almost a century. The U.S. experienced a loss of around 150,000 people in 2025, a number that factors in the roughly 2.6 million people who moved into the country during the same time period. Just two years prior, more than twice that many people were immigrating to the U.S.

    The Department of Homeland Security said in January that 675,000 people were deported from the U.S. last year, but it also noted that 2.2 million were so-called “self-deportations”; however, both numbers are difficult to verify. President Donald Trump may be walking back his rhetoric around mass deportation ahead of the midterm elections, but it’s not yet clear that this administration plans to ease off on immigration enforcement.

    The Trump administration’s aggressive, scattershot immigration policies can account for some of the country’s dwindling numbers, but more American citizens are decamping of their own accord, too. As The Wall Street Journal reports, Americans are moving to almost every corner of Europe in record numbers. They are flooding into countries like Ireland, Portugal, Spain, and Germany to live and work, leaving the U.S. behind. 

    Nearly half of Americans have considered moving abroad, according to a Harris poll published last year. With cost-of-living woes ongoing and the U.S. diving headlong into an unpopular war, it’s unlikely those numbers will tip back toward the states any time soon.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Becoming a mentally healthy leader

    June 1, 2026

    YouTube Premium vs. YouTube Premium Lite: What’s the difference?

    June 1, 2026

    The loneliness no one warns CEOs about

    June 1, 2026
    Top News
    Business 11 Mins Read

    The fast-growth entrepreneurs helping kids break their screen addiction

    Business 11 Mins Read

    With more than a decade of experience working as a design and tech analyst, Andrew…

    Trump’s Presidential Library will include a recreation of his White House ballroom

    March 31, 2026

    GENIUS MOVE: DHS Painting Southern Border Wall Black, Making it Too Hot to Climb – Democrats Outraged (VIDEO) | The Gateway Pundit

    August 20, 2025

    Aspen is finally getting a second ski base village. It’s over 10 years in the making

    February 16, 2026
    Top Trending
    Business 5 Mins Read

    Becoming a mentally healthy leader

    Business 5 Mins Read

    Imagine you’re a manager in a meeting where the SVP shares bad…

    Business 4 Mins Read

    YouTube Premium vs. YouTube Premium Lite: What’s the difference?

    Business 4 Mins Read

    When people talk about the “enshittification” trend—in which companies make their free…

    Economy 3 Mins Read

    Canada Slips Into Recession | Armstrong Economics

    Economy 3 Mins Read

    Statistics Canada reported that Canadian GDP contracted by 0.1% in the first…

    Categories
    • Business
    • Economy
    • Headline News
    • Top News
    • US Politics
    • World Politics
    About us

    The Populist Bulletin was founded with a fervent commitment to inform, inspire, empower and spark meaningful conversations about the economy, business, politics, government accountability, globalization, and the preservation of American cultural heritage.

    We are devoted to delivering straightforward, unfiltered, compelling, relatable stories that resonate with the majority of the American public, while boldly challenging false mainstream narratives that seem to only serve entrenched elitists, and foreign interests.

    Top Picks

    Becoming a mentally healthy leader

    June 1, 2026

    YouTube Premium vs. YouTube Premium Lite: What’s the difference?

    June 1, 2026

    Canada Slips Into Recession | Armstrong Economics

    June 1, 2026
    Categories
    • Business
    • Economy
    • Headline News
    • Top News
    • US Politics
    • World Politics
    Copyright © 2025 Populist Bulletin. All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.