Some Americans are renouncing their citizenship. In 2025, there were 4,889 expatriations recorded, according to a group tracking IRS reports.
Many cite financial burdens like tax requirements, while others have political or personal motivations.
The State Department recently cut the renunciation fee from $2,350 to $450.
AI-generated summary was reviewed by a CNN editor.
Within six months of arriving in New Zealand on a working holiday visa 10 years ago, Erin Klatt knew she wanted to make the country her home for good.
