What is Exit Tax and how is it imposed?
When moving your home to a different country, there are many factors to be considered. These considerations may pertain to legal, administrative or housing requirements, or to the situation of children of school age. Furthermore, it is essential to have fulfilled one’s fiscal obligations to one’s current fiscal authorities, because the so-called “Exit Tax,” which is imposed by certain countries in the event of a change in fiscal residence, may apply. As this tax is now becoming increasingly important, this …