Proving Dual Citizenship For Covered Expat Exemption

[ODLUM]

I'm a dual Canadian/US citizen wanting to renounce my US citizenship. I am fully compliant with my U.S. tax filing. Under the net worth test, I will be considered a "covered expatriate" effective the date I renounce. However, as a dual citizen, I understand I might be exempt from being covered. My situation: born in the U.S. 60 years ago to Canadian parents. Moved permanently back to Canada as a 1-year old child and have never worked, nor lived in the US since.

Am I correct to think I'm automatically exempt from being a covered expatriate? What documentation would I have to provide the IRS to validate this claim? I have a US birth certificate but only a registration of birth abroad when I was brought back to Canada as a child. This states I am a Canadian Citizen under section 5 (1)(b) of the Canadian Citizenship Act, but does not specifically say I'm Canadian as of my date of birth. I used the registration to obtain a Canadian Citizenship card but I don't have a Canadian Birth Certificate. Is this a problem?

[MaggieA]

I'm not a lawyer nor have I renounced US citizenship myself, but I'm pretty certain that being a dual citizen does not save you from covered expatriate status. Very, very few people renounce US citizenship without having another citizenship to fall back on! I recommend you start pursuing the often-recommended method for getting your assets down under the 2M USD threshold. Gifts to family members, charitable donations.