Joshua Rubenstein, national head of the firm's Private Wealth practice and national chair of the Private Client Services group, authored a chapter in The International Comparative Legal Guide to: Private Client 2018 entitled, "Pre-Immigration Planning Considerations for the HNW Client: Think Before You Leap." The chapter focuses on the basic planning considerations applicable to high-net-worth foreigners coming to the United States, providing them with an understanding of the potential ramifications of their move and the tools needed to make informed decisions. It explores topics such as:
- The types of residency and their associated tax consequences
- The steps to be taken in advance to minimize the exposure of non-resident aliens to taxes upon moving to the United States
- The necessary reporting obligations to be aware of in connection with any interests in non-US assets
- The potential issues that could be relevant to individuals who change their minds and end their residence and/or domicile status in the United States
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Partner and National Chair, Private Wealth Department+1.212.940.7150
New York
