State Department Cuts Price of Renouncing U.S. Citizenship to $450

The State Department reduced the fee for renouncing U.S. citizenship from $2,350 to $450. The previous fee had been set in 2014 and faced criticism and legal challenges from advocacy groups and Americans living abroad. The dramatic price cut removes a significant financial barrier that had made it one of the world's most expensive citizenship renunciation processes. The lower fee takes effect immediately, potentially affecting thousands of Americans abroad who had been deterred by the high cost.