Strategic tax havens for a wealthy group of retirees

Professional Adviser
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ignoring tax abroad used to work, but fiscal authorities are now waking up to this fact

We all would like to retire to a home in the sun where we pay no tax and can pass on our wealth as we see fit. Many people, having found their home in the sun simply ignore the tax and other consequences of becoming connected with their new home, either wittingly or unwittingly. And undoubtedly many people have got away with such a strategy in the past. However, fiscal authorities world-wide are waking up to the fact that wealth will increasingly become concentrated in the hands of the retired (the baby boomer generation). If the 'Nelsonian' approach of turning a blind eye to the probl...

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