Uglobal Immigration Magazine Volume 2, Issue 1 | Page 36

UGLOBAL IMMIGRATION MAGAZINE 34 DON’T LEAVE HOME WITHOUT YOUR TAX RESIDENCY PLAN BY / JOHN RICHARDSON As global mobility increases, there are tax treaties and rules to follow to avoid double taxation and save money. B efore acquiring your second citizenship or permanent resident visa, it is imperative that you consider how your particular citizenship or residency could affect your taxes. Taxes are an important determinant of your financial security. There are steps you can follow to be smart in planning your tax residency. GLOBAL MOBILITY IN THE 21ST CENTURY We live in an age of unprecedented global mobility, multiple citizenships and multiple places of residence. This is due