New York, Michigan, California, Florida, Illinois, New Jersey, Texas, Virginia, Pennsylvania, Georgia, Maryland
Country: United States
In recent years, there has been a spike in the number of people giving up their US citizenship. If you are planning to renounce your US citizenship in favor of an Indian citizenship, you have come to the right place for information. Here, you will be taken through all the relevant information to you like the renounce US citizenship consequences, how long does it take to renounce US citizenship, what is the renounce US citizenship fee etc. In addition, you should also find information on the renounce US citizenship form as well as renounce US citizenship taxes you might be required to pay. If you have been confused regarding the procedure on how to renounce US citizenship, we are here to help you out. Here are nine simple steps that will help you renounce your US citizenship.
The first thing you should get clarity about are the exact consequences of renouncing your US citizenship. Some of the disadvantages of giving up your US citizenship could include, but is not limited to:
As soon as you have decided to renounce your US citizenship, make sure you begin the procedure to obtain citizenship of another country of your choice. This process could take many months or years to be completed. You could obtain dual citizenship as well, before you decide to completely renounce your US citizenship.
Renouncing your citizenship means that you will still have to clear the taxes that are due to you before leaving the country. Fleeing the country will not stop US officials from arresting you if you have unpaid taxes.
You should know that you cannot renounce your US citizenship from within the USA. Hence, you must move to the country of your residence and do this procedure.
There has been a large number of Americans renouncing their citizenship. Thus, the government has increased the renunciation fee recently. It is currently at US$ 2,350. Make sure you have the money before completing the procedure.
You will need to find the US embassy nearest to you, in your new country. You can fix an appointment in advance.
You will have to appear in person before a diplomatic officer. You will have to verbally state your decision to leave US citizenship before a diplomatic officer.
You will be given a written oath of renunciation. Make sure you read it carefully Once you sign it, it is permanent and cannot be taken back.
Once you sign the oath, you will have to give in your US passport to the embassy as you will no longer be allowed to use it. Once this is done, you are no longer a US citizen and the renunciation is complete.
Now that you have a clear idea on how to renounce US citizenship, you should be able to fill out the renounce US citizenship form, as well as pay the renounce US citizenship fee. In addition, you will also have a clear understanding now about how long does it take to renounce US citizenship. You must be aware of your renounce US citizenship taxes, and have a clear idea about renounce US citizenship consequences. Once you are sure of all the consequences and expenses, you are well on your way already to renouncing your US citizenship. This process should be a little simpler for you, now that you have a clear understanding about what to do, when to do it and where to do it. We hope that this article has made your transition from being a US citizen to becoming an Indian citizen far, far easier.
Q: Can an OCI draw a POA in the name of his uncle for his land in India?
Can this POA be attested by Indian Consulate in Saudi Arabia?
A: Yes you can draw POA in the name of your and uncle and attest to Indian Consulate of Saudi Arabia
For more information on POA refer...
Q: OCI U visa transfer to new passport
A: According to the circular the govt has directed immigration authorities not to insist on production of the foreign passport containing the “U” visa sticker from OCI holders while they enter/exit...
Q: What are the passport details required for OCI application?
A: Passport details refers to your current passport number, the date and place of issue. So this would be your foreign passport that you currently hold.
If prior to acquiring foreign nationality you...
Q: How to apply for OCI while staying in India?
A: OCI visa is meant for foreigners of Indian origin, perhaps this is the reason reference to all OCI applications on many government sites refers to applicants residing abroad.
Q: my birth certificate is issued in Chennai, at present i stay in Bangalore do i need to obtain nativity certificate from Tamil Nadu to apply colleges in Chennai
A: The nativity certificate tells that you are of TN origin. This is usually given by the local Tahsildar office.
The nativity certificate requires a sign of VAO (Village Administrative Officer), RI...
Q: How to execute power of attorney in Australia to send to India?
A: You can simply get the power of attorney document prepared by a lawyer, notary or even make it yourself. Once the document is prepared you can take it to the Indian consulate in Sydney, pay the...
Q: Will US born child with Indian passport face problems in India?
A: 1.Yes! you can get a Indian passport for new born child in USA. Once your child is born in USA, you would have the option of applying for an Indian passport for your new born child at the Indian...
Business and Finance
Immigration & Visa
Return to India
Indian-origin Sikh man becomes Malaysia's first cabinet minister - Times of India
Indian student plunges 40 metres to death while taking selfie in Australia - Times of India
Husband charged with Indian-origin pharmacist's murder in UK - Times of India
Indians may see jam on EB-5 visa route to the United States - Economic Times
Decision on H4 visas not final till rulemaking completed: US official - Economic Times
Indian Airport Customs Rules And Regulations
Types Of Indian Visas
Long Term Capital Gain Tax Rate India
NRI Account Benefits
How To Change Signature On PAN Card
How to Get Aadhar Card for NRI
How To Renew Indian Passport In USA
5 Most Famous Hindu Temples in USA
OCI Tax Implications
How To Apply PAN Card for NRI
4th Conference on Palliative Care and Hospice Nursing
2018-08-27 To 2018-08-28
Yoga & Music Festival
Sukhava Bodhe Yoga & Music Festival 2018
2018-08-31 To 2018-09-03
Dussehra & Deepavali Celebrations
Dussehra And Deepavali Celebrations
2018-10-27 To 2018-10-27
Rising Stars Talent Show - Hopes and Smiles for Children
2018-06-02 To 2018-06-02
Vivah Bridal Expo
Vivah 2018 Bridal Expo
2018-08-19 To 2018-08-19
Disclaimer - The content on this site is for informational purposes only.
Copyright © 2018 Videshi.com
Please login to make this action
You can save this page with current page title or you can create new page title.