callum wrote:
> I'm a UK citizen and permanent US resident but I'm considering a move
> to a new country in the Summer.
>
> I'm intending to relinquish my Green Card since I've no plans to live
> in the US again and wondered:
>
> * How does one do this exactly?
>
> * What are my US tax implications once I've given it back? I hope I
> just need to complete a tax return for 2008 and make it clear I was
> only resident for a portion of the year. I *hope* I'm not liable for
> US taxes after that (like my wife who is a US citizen).
Your Green card "resident" status has nothing to do with your resident
status for taxes while in the US. Even illegal immigrants are require to
pay taxes. If you are working outside the US and a green card holder,
you still have tax consequences. I would recommend you contact USCIS
and tell them you want to give up your status.
Of course, if you never intend to live in the US again, not doing
anything, and not paying taxes on income earned out of the US, isn't
going to matter much. |