Relocation Mistakes of the Wealthy
Recently, a Forbes.com article detailed three mistakes that rich and super-rich individuals can potentially make when relocating, according to Reaz Jafri, CEO of Withers Global Advisors.
- Not getting a comprehensive analysis of the various options in the jurisdictions that offer residency and/or citizenship.
- Failing to understand tax implications of being a resident and/or citizen of a particular jurisdiction.
- Looking at a second citizenship as an option, instead of denouncing U.S. citizenship.
To read the full article, click here.
If you’re one of the wealthy (or just normal people like us) moving to another country, our international division can help with that!