Are you an expat, high-net-worth individual or digital nomad?
Perhaps you have assets, such as properties, stocks, ETFs or crypto, in many locations?
In this case, my interview with Derren Joseph, an author and qualified tax expert from HJT Tax, is for you.
We covered topics such as:
- What are the most significant tax mistakes and risks people take?
- Taxation for American expats versus those from countries such as the UK.
- Beyond tax, what are some reasons to consider trusts and foundations even if you aren’t super rich?
- If you want to pass assets down to your children (succession planning), why is it important to check your wealth structure in a world where probate and wills don’t guarantee that your assets will be passed down to family members quickly?
- How is the international tax landscape changing?
- Why is it a misconception that if you are a British expat, you don’t need to pay taxes on any assets?
- International tax is constantly changing. Hence, why is it essential to do an “MOT” on your structure like you do on your car?
- Misconceptions about territorial tax countries
- Why most digital nomads aren’t compliant with international tax requirements.
- Why low-tax countries like the Cayman Islands and the UAE might increase taxes in the future
We also spoke about a high-profile expat (without naming the individual) whose bank in the UK rejected funds and how you can avoid this issue!
To receive the entire video recording, click here. You will also receive my weekly financial tips.
If you are looking for guidance about your wealth structure, or are worried about passing down assets to your loved ones, you can contact me below.
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Adam is an internationally recognised author on financial matters with over 830million answer views on Quora, a widely sold book on Amazon, and a contributor on Forbes.