Post
Topic
Board Legal
Re: You moved to another nation/give up your citizenship, can the IRS still get you?
by
odolvlobo
on 16/08/2022, 19:01:28 UTC
I'm assuming an exit tax is only applicable in the event you actually have money in a bank or some sort of financial institution.

You must pay tax on unrealized capital gains on all property if your income or net worth are above certain thresholds.

https://www.irs.gov/individuals/international-taxpayers/expatriation-tax