Retirement in the sun: why is it necessary to consult a tax specialist?
In a L’Actualité article published on June 2, 2015, Jean-François Poulin, International Taxation Partner at Raymond Chabot Grant Thornton, explains why it is essential to consult an expert to plan your retirement in the sun.
Retirees who live abroad may become “tax residents” of their host country. However, the expert expresses some reservations about this attractive option for paying less tax. The “tax resident” option is not risk-free. Before jumping in, you must ask the right questions. For example, “in case of death, is your will valid in that country?” Jean-François Poulin asks. To avoid dangerous pitfalls, the Partner strongly recommends consulting a tax specialist.
To learn more, see the article Voyager à la retraite sans se ruiner (Travelling for retirement without ruining yourself)