ProACT Partnership Expatriate Advice

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5 Ways You Will Protect Your Pensions, Property, Investment Overseas

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5 Ways You Will Protect Your Overseas Property, Investment and Pensions

SAM ORGILL OF ProACT PARTNERSHIP HOW TO MAKE OVERSEAS TAX SAVING FOR EXPATS

The EU changes to Succession mean Expats must make written changes to their Will to avoid forced heir-ship and retain financial control of their affairs on first death. Overseas Property Investors are most at risk with more than one country rules affecting inheritance and succession.

This can be done with a simple codicil or with an updated Will.  Our View is that a codicil is risky. A separate codicil document could be valid, but it increases the potential of being misplaced or not accepted or not being consistent with the Will.

Make a Full Review of Overseas Property Investment Pensions with the Expat Experts.

Noting also if you use the laws of your home country in a Will then you tie your EU or Cyprus Overseas Property Investment and Pension assets to two sets of  inheritance tax rules under new tax exchange of information rules being introduced. New exchange of information laws being introduced will allow countries to exchange tax information on capital taxes such as property, capital gains and inheritance tax from 2017.

5 Ways You Will Protect Your Overseas Property, Investment and Pensions

ProACT Tax Saving Tip: 

1. Make written changes to your EU Will to protect against Laws of Succession. 

2. Review you Will to Protect Overseas Property Investment Assets

3. Gifts to Trusts can create Inheritance Tax Saving

4. Consider Lifetime Gifts to Avoid probate cost and delay.

5. Review Offshore Investments, Property And Pensions with the ProACT Expat Experts

CONTACT US

Free Review – Tax, Wills, Inheritance, Property

Don't Wait Until its too late.  Changes to laws of succession in the EU and Cyprus, high and slow probate costs, exchange of information on capital assets, overseas inheritance tax costs, means its time to look at different ways to protect your Overseas Property Investment Assets from Inheritance Tax for your Family.

ProACT offer a Free Review of your Tax, Savings, Wills, Inheritance and Property issues for Expats living and working abroad.  Contact us to book a Free review. 

CONTACT US

Read the full article on our website www.proactpartnership.com/blog 

Sam Orgill        ProACT Partnership Expatriate Advice

Tel +357 26 819 424      

www.propactpartnership.com

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