The Process and the Impact of Expatriation Abandoning citizenship has serious consequences: You give up the benefits granted to U.S. citizens, including the right to vote in U.S. elections, government protection, and assistance while traveling overseas, citizenship for children born abroad, access to federal jobs, and unrestricted travel into and out of the country.
What's more, renunciation is not as easy as throwing out your passport. It's a lengthy legal process that involves paperwork, interviews, and money. Because of the increase in the number of U.S. citizens seeking renunciation, the U.S. Department of State raised the fee for renunciation from $450 to $2,350, around five times more than the average cost in other high-income countries like the United Kingdom.67 In addition, some high-income citizens may owe a type of capital gains tax called an "exit tax" (officially called an expatriation tax).

It's important to recognize that in nearly all cases, a renunciation is an irrevocable act, meaning you won't be able to change your mind and regain U.S. citizenship. Despite these (and other) consequences, more and more people are choosing to renounce their U.S. citizenship.
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