U.S. expatriation rate dips slightly in first quarter

Published May 5, 2016 12:12pm ET



The number of people who renounced their U.S. citizenship in the first quarter of the year has dipped slightly, clocking in at a number that’s just short of the record set last year.

A total of 1,158 people renounced their U.S. citizenship during the period, according to data released by the Treasury Department on Thursday, compared to 1,335 for the same period in 2015. Last year’s figure for the first quarter contributed to a record 4,279 who left over the course of fiscal 2015, the third consecutive year in which a record high was hit.

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