Residence of Private Clients and Global Mobility following the Pandemic

Private clients are increasingly international and the world is becoming even smaller for such high-net-worth individuals (HNWI). Further, their family members, business interests, investments and real estate are spread worldwide, and it is not always the case that they are located in the same jurisdiction. Although such HNWIs relocate for many different reasons tax implications remain one of the most critical aspects to consider.