Today the Treasury Department published the names of individuals who renounced their U.S. citizenship or terminated their long-term U.S. residency (“expatriated”) during the second quarter of 2015.
The number of published expatriates for the quarter was 460, which is the lowest amount of published expatriates in any quarter since the 4th quarter of 2012 where only 45 names were listed (and we speculated that the government made a reporting error). After a record number of published expatriates in 2014 and the highest quarterly number ever in the 1st quarter of 2015, perhaps the rate of expatriation is leveling off.
The number of published expatriates for the first two quarters of 2015 has been 1,795 (1,335 + 460). For a discussion of how the IRS compiles the data, see this post.
Below are two graphs which reflect the latest expatriation data. The first graph shows the quarterly number of published expatriates since 2008. The second graph shows the quarterly average of published expatriates per year through the second quarter of 2015.
For our prior coverage of expatriation, see all posts tagged Expatriation.