🦊 Expat Tax Tip #13 – Inheritance & Estate Taxes Can Follow You Abroad

 

Expats often assume they avoid inheritance tax or estate taxes by moving abroad. The truth: these can still apply worldwide

  • U.S. citizens remain subject to U.S. estate tax on worldwide assets, even if living overseas.
  • Canadian residents don’t have a formal estate tax, but there’s a deemed disposition at death — meaning capital gains tax is applied as if assets were sold.
  • Australia abolished estate duty, but capital gains tax can apply when inherited assets are sold.

📘 Planning to pass assets across borders? See my Product Library for guides that cover residency, inheritance, and tax planning.

🔗 External resource: OECD – Inheritance, Estate and Gift Taxes

👉 Tip: Cross-border estate planning often requires both legal and tax advice. Don’t assume one country’s rules override the other’s.

🔗 Please refer to this page to see all my other expat tax tips.

 

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