Pre-Immigration Trust Planning

Pre Immigration Trust

Pre Immigration Trust

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Pre Immigration Trust

Introduction

Immigration is a big decision. To avoid surprises and optimize the tax situation before arriving, the establishment of a pre-immigration trust helps to protect assets and mitigate tax consequences. A well established pre-immigration trust should be complete 5 years prior to Immigration.

Why do you need it?

  • Designate a legal ownership of the assets to keep these assets from exposure
  • Alleviate Estate Duty upon the estates of deceased persons
  • Ownership is transferred to avoid the Capital Gains Tax levy on the profit.
  • The use of life insurance to enjoy the benefits of tax-free growth and distributions when properly titled
  • Generate a tax-free supplemental retirement income
  • Retain investment control upon arrival