July 6, 2021

How to Renounce Your US Citizenship: Part 2 (+ YouTube Drama)

In Part 2 of How to Renounce Your US Citizenship, Kristin and special guest, Erika Lind, talk about the pros and cons of renouncing your citizenship and why Erika decided to break up with the US for good. She gives you a detailed look into the process...


In Part 2 of How to Renounce Your US Citizenship, Kristin and special guest, Erika Lind, talk about the pros and cons of renouncing your citizenship and why Erika decided to break up with the US for good. She gives you a detailed look into the process of renouncing your US citizenship and gives valuable advice for people thinking about doing the same.

Although Erika has been living in Vancouver, Canada for the past five years, she explains why she went to Mexico to speed up the renunciation process. She also shares her honest opinions on American society and government, and sheds light on what life is like after renouncing her citizenship.

Finally, Kristin and Erika discuss what happens to regarding taxes, collecting social security, and more. 

Have you ever considered renouncing your citizenship or are you curious about the process? Tune in to get all the information you’d need to make an informed decision. Who knows, maybe it's the right choice for you!

 

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EPISODE 115 TOPICS DISCUSSED:

  • The pros and cons of renouncing US citizenship
  • The process of renouncing step by step
  • Logistics of renouncing US citizenship: The required documents and information needed to renounce.
  • How long it takes to renounce your citizenship
  • How much it costs: fees and exit taxes
  • What happens to your retirement and social security?
  • What it’s like to travel to the US after renouncing your citizenship.
  • How Erika's political and societal values shaped her decision to renounce.
  • Why it’s so difficult to pay US taxes while living in another country.
  • Pros and cons of having passports from multiple countries. 

QUESTIONS ANSWERED:

  • How difficult is it to renounce your citizenship?
  • Why not keep both your US and Canadian citizenship?
  • Did you consult accountants, lawyers, or any other professionals during the process?
  • How much does it cost to renounce your citizenship, including exit tax and application fees?
  • How long does the process take?
  • How did your friends and family react to your decision?
  • Do you think you’ll ever regret renouncing your citizenship?
  • What was it like solo traveling to Mexico to renounce during COVID?

RESOURCES
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Erika Lind

Cloud Systems Administrator

Erika is a native of the pacific northwest who had a thirst for travel and adventure from a young age. After leaving home at 21 to move to NYC, she began a career in technology. Erika has since renounced her US citizenship to move to Vancouver, BC. She is also an avid female solo traveler who has been to Iceland, Sweden, Finland, and Estonia by herself.

Dismayed by the inconvenience and expense of US tax filing obligations for expats abroad, she decided to renounce her citizenship in 2021, solo traveling to Mexico during the pandemic to complete the process. She now lives happily ever after as a Canadian citizen in Burnaby, BC.