"The hardest thing in the world to understand is the income tax."
Many individuals agree with Mr. Einstein's sentiment, but it's not just about income tax where you currently reside. As an expatriate there are many different tax considerations and implications to consider, and most individuals find effectively managing these to be a challenge.
Living in Asia, it is very easy to grow used to low income tax rates and little or no taxation on investment income or capital gains. However, if you are planning to relocate or perhaps return home there are many things that you should be doing now to mitigate the impact of taxes in the future.
With careful planning it is possible to reduce or even eliminate tax on your income and gains either now or in the future using completely legitimate tax planning tools.
Tax planning is fundamental to our whole approach and each of our wealth management professionals is experienced in this field. Why pay tax if you don't have to?