Ep 59: What is English for "Expired Green Card?"
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Ep 59: What is English for "Expired Green Card?"
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We discuss the importance of understanding both IRS and USCIS regulations, the process of officially surrendering a green card, and the challenges associated with renewing it while living outside the U.S.
Takeaways
- Your green card may have expired, but you remain a green card holder until officially surrendered.
- You could be subject to exit taxes if you surrender your green card after being a resident for a certain period.
- If you lose your green card, you must replace it before surrendering it.
- You cannot renew an expired green card while outside the U.S.
- An expired green card does not equate to a surrendered green card; there is an official process to follow.
- 00:00 Understanding Expired Green Cards and Tax Obligations
- 04:03 The Process of Surrendering a Green Card
- 07:47 Renewal Challenges and Immigration Considerations
Episode Links and Resources
- Ep 30: What Is English For A "Green Card?"
- USCIS: Replace A Green Card
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The speakers' views and opinions discussed in this episode should not be considered financial, tax, or legal advice. Consult your advisor for any legal, cross-border tax, and financial advice.
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