Leaving the U.S. – Financial planning tips and traps
Name:
Leaving the U.S. – Financial planning tips and traps
Date:
January 22, 2025
Time:
1:00 PM - 1:45 PM EST
Registration:
Register Now
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Event Description:
Please join us for a web presentation focused on the unique personal finance considerations for a U.S. citizen or resident preparing to leave the U.S. permanently.
There is a large and growing community of successful families in the U.S. who are looking to move abroad. When U.S. citizens or permanent residents move away from the U.S., there are significant financial implications that must be considered. Sometimes, a family may contemplate expatriation from the U.S., but in most cases, they will continue to be U.S. citizens or tax residents with financial reporting requirements in both countries.
In this presentation, we will focus on four key areas:
1. Immigration and foreign visa programs, including the “Golden Visa” and special tax holidays
2. Cross-border tax planning, and foreign asset reporting back to the U.S.
3. Management of investment assets left behind in the U.S.
4. Estate planning and wealth transfer given exposure to inheritance system of multiple countries
About The Speakers
Libby Dawson is a Partner with Cerity Partners in the Washington, DC, metro area, leading client relationships where there is an international component. She has over 20 years of experience in financial services, working with institutions and high net worth families. She has lived all over the world – including Switzerland and Montreal, so she understands the unique benefits and challenges that go with a cross-border life.
Andrejs Pilajevs serves as a Principal at Cerity Partners, based in the Washington, DC, area where he leads client relationships that involve cross-border international elements. Andrejs is experienced in working with U.S. ex-pats, non-resident aliens (NRA), and mixed-nationality families with a global presence. With experience living overseas and holding multiple citizenships, Andrejs brings a personal insight into the intricacies of expatriate life.
There is a large and growing community of successful families in the U.S. who are looking to move abroad. When U.S. citizens or permanent residents move away from the U.S., there are significant financial implications that must be considered. Sometimes, a family may contemplate expatriation from the U.S., but in most cases, they will continue to be U.S. citizens or tax residents with financial reporting requirements in both countries.
In this presentation, we will focus on four key areas:
1. Immigration and foreign visa programs, including the “Golden Visa” and special tax holidays
2. Cross-border tax planning, and foreign asset reporting back to the U.S.
3. Management of investment assets left behind in the U.S.
4. Estate planning and wealth transfer given exposure to inheritance system of multiple countries
About The Speakers
Libby Dawson is a Partner with Cerity Partners in the Washington, DC, metro area, leading client relationships where there is an international component. She has over 20 years of experience in financial services, working with institutions and high net worth families. She has lived all over the world – including Switzerland and Montreal, so she understands the unique benefits and challenges that go with a cross-border life.
Andrejs Pilajevs serves as a Principal at Cerity Partners, based in the Washington, DC, area where he leads client relationships that involve cross-border international elements. Andrejs is experienced in working with U.S. ex-pats, non-resident aliens (NRA), and mixed-nationality families with a global presence. With experience living overseas and holding multiple citizenships, Andrejs brings a personal insight into the intricacies of expatriate life.
