Retiring Abroad? 3 Important Tax Implications to Consider First
This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, please contact a lawyer.
The riches of retirement abroad -- by the beach, in the mountains, in historic cities soaked in sun and culture -- are a dream come true for a lot of Americans. But those riches can come at a cost, especially if you're not hip to the tax laws you're beholden to, both here and in your new chosen land.
So, along with studying your potential new home's healthcare and housing options, be sure to get a clear understanding of how its tax laws and ours will affect your nest egg.
Source Fool.com
