Residence is the principal rule used to determine taxation in most jurisdictions. Where you live is where you pay tax. Certain countries operate tax by citizenship (such as the USA) but this is rare. Also, certain income sources and assets (principally real estate) are taxed where they are located. Changing residence is a powerful way to change your tax exposure.
This might be on a temporary basis prior to the sale of a business or investment portfolio, or longer term for retirement or purely for the tax benefits that can be achieved. A change could involve spending time in one or more low or zero tax jurisdictions or even taking advantage of the relaxed residence rules in certain high tax jurisdictions that are very favourable.
At Alpha we have a deep insight into the tax regimes of the global jurisdictions and in particular their residence rules. We can help you structure your movements in a way that meets the legal requirements of avoiding residence in a traditionally high tax jurisdiction.
As part of a structured wealth plan our expatriation team can help you ensure that your income and gains are legally and effectively put beyond the reach of the tax regimes in most countries and can be easily and effectively passed on to future generations without further tax cost.
We can help to expedite your application by ensuring that its fully compliant and advise on what jurisdictions would most suit your needs.
Christopher Clayton
Managing Director - Alpha Wealth
To complement our expertise in generational wealth and legacy planning, clients often explore related areas within our broader wealth-structuring practice:
