Relocating is a common step in the planning method of family offices. Most family office advisors offer international relocation services and assist their clients in an international relocation. They even help in obtaining the necessary residence permits or even foreign citizenship.
International Relocation is Increasingly Popular
International relocation has always been a trend and tradition among wealthy families. But in the past decade, especially it has become a popular planning tool. There are many reasons for this. They are improved communications media like mobile internet and skype as well as cheap international flights. This makes staying in touch with relatives as well as managing businesses much more straightforward. This method provides the best of both worlds.
Optimize One’s Life
The main reasons for relocation could be business expansions, investments, divestments and tax planning. It is also a necessary condition to protect the family’s financial assets and family members. Depending on the situation and circumstances, sometimes the whole family relocates, while at other times only a few members. Some other issues also need to be addressed before relocating. These include climate, infrastructure and a secure political environment. A relocation is also an option for educational purposes—a family office advisors assists with all of these cases.
International Relocation Services is commonly used as a planning tool by affluent families and their family offices.
- We help the clients to relocate
- Helping our clients obtain necessary residence permits or foreign citizenship.
- We analyze different aspects and benefits of the relocation.
- Assisting in locating and applying to foreign schools.
- We coordinate contacts with all authorities involved in the international relocation including federal, cantonal and municipal.
Appropriate Planning is a Necessity When You Relocate Internationally
Some relocations are more cumbersome than others. In all those cases, careful planning is necessary. Before relocation, it is essential for business owners to obtain appropriate tax advice. Along with that, it is essential to obtain residence permits. The best option is to coordinate with a specialist
International Relocation Services for residence in the Bahamas
The Commonwealth of Bahamas offers all its residents an almost tax-exempt environment. It is located just off the coast of Florida. Despite being famous as a holiday destination, the Bahamas offers a secure and stable living for wealthy families from all over the world.
International Relocation Services for residence in Dubai
It is located in the United Arab Emirates, more strategically between Africa, Asia and Europe. It can be easily reached. Dubai also has a pleasant climate for at least half of the year. It offers attractive real estate opportunities, a cosmopolitan lifestyle and complete exemption from income tax.
International Relocation Services for residence in Hong Kong
Hong Kong offers a territorial system of personal income taxation. It is a great place to establish a new business in the gateway to China. It does not levy a tax on capital gains, interests, dividends or income from foreign sources. Foreigners do not pay net worth taxes or public benefit taxes.
International Relocation Services for residence in Italy
Italy introduced its investor visa programme and the Italian non-domicile tax regime in 2017. It is near the southern part of Europe. It offers a great environment, culture and climate.
International Relocation Services for residence in Jersey
Jersey has developed specific legislation for the so-called High-Value Residents. Those who qualify for it enjoy reduced personal income tax rates. Because of low corporate income tax rates, it serves as an attractive place to reside in from entrepreneurial families
International Relocation Services for residence in Luxembourg
It has an investor visa programme. Luxembourg is located centrally between Belgium, France and Germany. It offers an attractive tax environment, exciting culture, and excellent opportunities to establish a business.
International Relocation Services for residence in Monaco
Monaco does not levy any personal income tax or inheritance tax. In addition, it has a great location, and it is relatively easy to become a resident there.
International Relocation Services for residence in Singapore
It aims to attract successful entrepreneurs through its Global Investor Programme. Applicants are granted permanent residency when they directly or indirectly invest in the jurisdiction.
International Relocation Services for residence in Switzerland
Switzerland offers the chance to negotiate a fixed level of annual income tax with the tax authorities before entering it. The primary basis of this negotiation is the person’s yearly expenditure, regardless of annual income. This is what we call lump-sum taxation.
International Relocation Services for residence in the United Kingdom
It is possible to benefit from the non-domiciled taxation system of the UK while relocating to it. According to this, the foreigners residing there will be taxed according to their incomes and profits in the UK.
Relocation to Other Jurisdictions
Other countries offering popular schemes include Andorra, Gibraltar, Cyprus, Malta and Portugal. Because tax is considerably reduced under these schemes, they are popular too. In addition, they provide special investment programs. So, if you wish family office advisors or law firm can take care of all this and pick the best location according to your needs.
Our Support to You
We are an Indian Business Advisory firm. Furthermore, we have the proper experience and expertise required to manage the relocation and all related matters. Therefore, for more information, you can contact us directly. We will be happy to provide our assistance.