Prices have been rolled back to levels unseen since Barack Obama was President.
The State Department has slashed by about 80% the fee for Americans to formally renounce their U.S. citizenship.
After years of legal battles with several groups representing Americans wanting to give up their citizenship, the department on Friday published a final rule in the Federal Register that reduces the cost from $2,350 to $450.
The new fee, which took effect on Friday, had been promised in 2023 but had never been implemented. The cost is now the same as it was when the State Department first started charging Americans to formally renounce their citizenship in 2010.
Renouncing U.S. citizenship can be an intensive and lengthy process. Applicants must repeatedly confirm in multiple written and verbal attestations to a State Department consular officer that they understand the implications of the step before being allowed to take a formal oath of renunciation. It must then be reviewed by the department.
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Republished with permission of the Associated Press.
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