The Most Important Thing For Expats When Relocating Abroad…

ProAct

The most important thing for expats when relocating abroad, is to make a will.

When you relocate abroad you look at your income and assets and how to protect those in the future.

You might be relocating to another country with a lower tax regime or it doesn’t tax your foreign income from that location.

You might be moving to country that reduces tax on your pension income; in Cyprus they offer a 5% flat rate tax on foreign pensions for example.

You might be moving to a country that frees you up from IR35 constraints that come with working as a contractor for a UK company.

You might be moving to a country frees you up from capital gains on things like property sales, business sales & Bitcoin gains.

We at ProACT look at each case individually, tailoring a long term plan to your specific needs to protect you or your family from potential capital gains or inheritance tax.

UK expats relocating abroad still have a 40% inheritance tax liability on worldwide income.

Contact us for a free review of how we can help you reduce your liability.

Tel: 26 819 424
Web: proactpartnership.com/contact-us

ProAct Partnership




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