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Old 10.08.2013, 14:03
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Medea Fleecestealer Medea Fleecestealer is offline
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Re: New report on drastic increase in expats giving up US passport

The story's also doing the rounds on EuraisaReview, Business Week and WSJ Europe/US versions according to IBS's website. Yes there are inaccuracies in the lists, but what you also have to remember is that these lists don't give the numbers of people relinquishing instead of renouncing. IBS reckon there tend to be 5/6 people relinquishing for every person who renounces so the total number of people giving up US citizenship is much higher anyway. That gives you around 9,000/10,800 in the first half of the year and there's still two more quarters to go. Still only thousands compared to the millions wanting in, but not something the US will want to brag about.

I know from the IBS that there are some people there who renounced in the last couple of years who haven't appeared on the list yet, but I'm there having only renounced in March this year. So how names get added to the list under what criteria is a complete mystery at present.
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