“Multiple jurisdictions around the world are keen to attract high net worth individuals to invest and reside in their countries, offering incentive schemes in exchange for investment. Intelligent tax planning can provide access to those schemes, minimising tax on foreign-sourced income and reducing or eliminating other personal taxes, such as capital gains tax or inheritance tax.”*
*in “A New Place to Call Home”
João Valadas Coriel and VCA along with IR Global members from Italy, Malta, United Kingdom, Australia, Thailand and Curaçao contributed to the discussion on Residency options and implications for high net worth individuals, from IR’s Private Client Working Group.
Read “A New Place to Call Home” full article here.