Abandoning The Green Card: Careful the United States may hit you with a special “Exit Tax” on the way out and another possible tax to your heirs
June 24, 2020 - Participants include:
Virginia La Torre Jeker - @VLJeker
John Richardson - @ExpatriationLaw
Green card holders who have had the Green Card for eight of the last fifteen years before abandoning the Green Card will be subject to the US Section 877A Exit Tax rules. To be forewarned is to be forearmed!