Expats alerted over wealth taxes in top European destinations

clock • 6 min read
Expats alerted over wealth taxes in top European destinations

Property price rises can outstrip allowances and restricting real estate exposure and acquiring other tax efficient investments could reduce or eliminate liability to wealth taxes, according to Jason Porter, director at Blevins Franks Financial Management. While we do not yet have a wealth tax in the UK, in popular retirement spots in the EU wealth taxes are payable - minus certain allowances and exemptions, he said. As the liability arises every year, they tend to be paid from income -...

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