Plan Ahead - 5 Things for Expats to Prepare In Case Living and Working Abroad Goes Wrong
Sam Orgill of www.proactpartnership.com gives
5 Things for Expats to Prepare In Case Living and Working Abroad Goes Wrong
What gets missed, in the excitement and enthusiasm of relocating overseas and achieving your dream of Living and Working Aboard, is the exit strategy. Of course the property purchase has to be completed quickly before it is ‘sold to the other buyer’. You can sort the details of finances while on the beach sipping cocktails, right?
EU Brexit for Expats could impact in this areas with forced heirship and taxes invalidating existing arrangements.
Begin With The Exit in Mind
You could. In our experience it is better to prepare with the exit in mind. We have seen our client’s family lose their health through accident, disease or dementia. We have seen relationship break up in family, or between business partners, creating stress and financial loss. It could be that the children or parents back home need you to return, or that a partner dies or is seriously ill.
Look Forward – Plan Ahead
Overseas Property Investment is a dream but can become a better investment with lower property taxes. ProACT can offer help and guidance for Expats. Asset Protection is about looking forward to make an exit strategy for tax savings and lower costs. ProACT expat experts offer tax saving for people living and working and investing abroad. Find out more at our website.
ProACT Expat Experts offer tax saving for people living and working and investing abroad. Find out more at our website. We value your feedback, please comment and share on our articles on our website www.proactpartnership.com/blog
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