Episode 68: Should You Renounce Your U.S. Citizenship? A Cross-Border Deep Dive
Description
Thinking of giving up your U.S. citizenship? You're not alone—and it's not as simple as it sounds. In this in-depth and timely conversation, Robert Clegg, Cross-Border Tax & Immigration Specialist from Clegg Law Group returns to the Snowbirds Expat Radio podcast to break down the emotional, financial, and legal factors behind renunciation, especially for Canadians who’ve lived in the U.S. or Americans now living abroad.
We discuss:
✅ The advantages and real risks of renouncing U.S. citizenship
💰 How exit taxes, U.S. pensions, and Canadian residency complicate things
🇺🇸 Why some are leaving the U.S. for good—and what’s driving the trend
📄 The truth about losing your Social Security (spoiler: you don’t!)
🧾 Why DIY renouncing rarely ends well
✈️ “Renunciation holidays” and where to fast-track the process abroad
💡 Why timing and tax planning can make or break your renunciation journey
Whether you're a dual citizen thinking of simplifying your tax life or a financial advisor guiding clients through international transitions, this episode is full of key insights.
Contact Robert: https://clegglawgroup.com/home
United States
