Offshore Tax with HTJ.tax

When inheriting property in Portugal, understanding the costs involved is just as important as understanding the legal steps. In this episode, we break down the typical fees heirs can expect when completing a habilitação de herdeiros and transferring or registering inherited property.🔎 In This Episode, You’ll Learn:1️⃣ Cost of a Basic Habilitação de HerdeirosAccording to official fee schedules published on gov.pt, a straightforward habilitação procedure generally costs in the low hundreds of euros.This typically applies when:• The estate is simple• Heirs are in agreement• No complex asset division is required2️⃣ When Costs Increase: Partilha and RegistrationsFees rise when the process also involves:• Partilha (formal division of assets among heirs)• Property registration updates at the Land Registry• Multiple properties or heirsThese combined procedures can significantly increase overall costs.3️⃣ Additional Expenses to Budget ForBeyond official state fees, heirs should also expect potential costs for:• Notarial services• Certified translations• Apostilles for foreign documents• Legal advice or representation, especially in cross-border estatesThe final amount depends heavily on the complexity of the case and whether foreign documents or disputes are involved.4️⃣ Why Planning Ahead MattersHaving documents prepared in advance and ensuring alignment among heirs can reduce delays—and help keep costs under control.This episode provides a practical, realistic overview of what heirs can expect financially when dealing with inheritance and property transfers in Portugal.

When inheriting property in Portugal, taxes are often a major concern—especially for international families. In this episode, we clarify how Stamp Duty (Imposto do Selo) applies to inherited property, who is exempt, and why compliance matters even when no tax is payable.🔎 In This Episode, You’ll Learn:1️⃣ The 10% Stamp Duty RulePortugal does not impose a traditional inheritance tax. Instead, inheritances fall under Imposto do Selo, generally charged at a flat rate of 10% on the value of assets transferred by inheritance.2️⃣ Who Is Usually ExemptThe following beneficiaries are typically exempt from paying the 10% Stamp Duty when inheriting property: • Spouses • Descendants (children, grandchildren) • Ascendants (parents, grandparents)While the tax may not apply, reporting obligations still remain and must be fulfilled.3️⃣ Who Is Subject to the TaxHeirs who are not direct family members—such as siblings, nieces, nephews, or unrelated beneficiaries—are commonly subject to the 10% Stamp Duty.4️⃣ Why Proper Reporting Is EssentialEven exempt heirs must: • Declare the inheritance • Comply with filing and documentation requirements • Ensure property registrations are correctly updatedFailure to do so can cause delays, penalties, or issues with future transactions.This episode provides a straightforward explanation of how Stamp Duty affects inherited property in Portugal—helping heirs and advisors avoid surprises and stay compliant.

Portugal is often described as facing a housing shortage—yet walk through many towns and cities and you’ll see countless empty homes. So what explains this apparent contradiction? In this episode, we unpack the structural, legal, and economic reasons behind Portugal’s high number of vacant properties.🔎 In This Episode, You’ll Learn:1️⃣ Inheritance and Legal BottlenecksA significant number of properties remain empty because they are tied up in: • Ongoing inheritance proceedings • Disputes between heirs • Delays in probate or property registrationUntil these issues are resolved, homes cannot be sold, rented, or occupied.2️⃣ Second Homes and Lifestyle PropertiesMany vacant properties are not abandoned at all—they are: • Second or holiday homes • Used seasonally rather than year-roundThese properties appear vacant in census data despite being privately owned and maintained.3️⃣ Investment and Short-Term AccommodationSome homes are: • Held purely for long-term investment • Registered for short-term accommodation and not occupied permanently • Awaiting market conditions or regulatory clarity before being brought into use4️⃣ Properties Requiring RefurbishmentOlder housing stock, particularly outside major cities, often requires significant renovation before it can be lived in—leaving many properties temporarily or permanently empty.5️⃣ What the Data ShowsNational census data confirms substantial vacancy levels, sparking ongoing public and policy debate around housing supply, taxation, and urban regeneration.This episode offers context and clarity to a widely discussed issue, helping listeners understand why vacancy in Portugal is often driven by structural and legal factors—not simply by neglect.

When international families own property or other assets in Portugal, one critical question often arises: Will a foreign will be recognised under Portuguese law? In this episode, we clarify how Portugal treats foreign wills—and why careful estate planning is essential to avoid unintended outcomes.🔎 In This Episode, You’ll Learn:1️⃣ What Types of Wills Portuguese Law RecognisesPortuguese law formally recognises public wills and closed wills, each with specific formal requirements.2️⃣ Are Foreign Wills Valid in Portugal?Foreign wills may be valid in relation to Portuguese assets, provided they meet applicable legal standards and do not conflict with mandatory Portuguese rules. However, recognition alone does not always guarantee a smooth succession process.3️⃣ Why a Portuguese Will Is Often RecommendedIn many cases, it is prudent to: • Prepare a Portuguese will limited to assets located in Portugal, or • Carefully coordinate dual wills (one Portuguese, one foreign)This approach can significantly reduce administrative delays and legal uncertainty.4️⃣ The Importance of Forced Heirship RulesPortugal has forced heirship provisions, which can override testamentary intentions expressed in foreign wills. Without proper coordination, these rules may lead to outcomes very different from what the testator intended.5️⃣ Key Takeaway for Cross-Border FamiliesInternational estate planning is not just about will validity—it’s about compatibility, coordination, and compliance across jurisdictions.This episode provides practical guidance for internationally mobile families and advisors navigating succession planning involving Portuguese assets.

Buying property in Portugal involves more than just the purchase price. In this episode, we walk through the key taxes and fees every buyer—local or foreign—should budget for when acquiring real estate in Portugal.Understanding these costs upfront helps avoid surprises and ensures smoother transactions.🔎 In This Episode, You’ll Learn:1️⃣ IMT – Property Transfer TaxThe main tax payable on acquisition is IMT (Imposto Municipal sobre as Transmissões Onerosas de Imóveis). • IMT is calculated based on the type of property (urban, rural, residential, etc.) • The rate increases progressively depending on the property value • Different rules may apply for primary residence vs. investment property2️⃣ Stamp Duty on the PurchaseIn addition to IMT, buyers must pay Stamp Duty (Imposto do Selo) at a flat rate of 0.8% of the transaction value.3️⃣ Notarial and Registration FeesProperty transfers also involve: • Notary or deed formalisation costs • Land registry and property registration feesWhile smaller compared to taxes, these costs are mandatory and should be included in any purchase budget.4️⃣ Additional Costs When Using a MortgageIf the purchase is financed: • Additional Stamp Duty applies to the loan amount • The rate depends on the loan term and structureThis episode offers a practical overview of the real costs involved in buying Portuguese real estate—essential listening for anyone considering a purchase, whether for residence or investment.

Inheritance taxation is one of the most common—and misunderstood—questions when dealing with estates in Portugal. In this episode, we clarify how Portugal actually taxes inheritances and what families should expect when assets pass to the next generation.The answer may surprise many international families.🔎 In This Episode, You’ll Learn:1️⃣ Why Portugal Has No Traditional Inheritance TaxPortugal does not impose a conventional inheritance or estate tax like many other countries. There is no progressive inheritance tax regime applied to estates as a whole.2️⃣ The Role of Imposto do SeloInstead, inheritances are subject to Imposto do Selo (Stamp Duty) on gratuitous transfers, generally charged at a flat rate of 10%.3️⃣ Who Is Exempt — and Who Is Not• Exempt beneficiaries:– Spouses– Descendants (children, grandchildren)– Ascendants (parents, grandparents)• Potentially taxable beneficiaries:– Siblings– More distant relatives– Unrelated beneficiariesFor these recipients, the 10% Stamp Duty may apply depending on the asset and circumstances.4️⃣ Why This Matters for Estate PlanningUnderstanding how Portugal treats inheritances is essential for:• Cross-border estate planning• Property succession• Avoiding unexpected tax exposure for non-exempt heirsThis episode provides a straightforward explanation of Portugal’s inheritance tax framework—helping families, heirs, and advisors navigate succession with clarity and confidence.

When someone dies owning assets in Portugal, one legal step is often unavoidable: the habilitação de herdeiros. In this episode, we explain what this procedure is, why it matters, and when families must complete it to move forward with estate administration.Understanding this process early can save time, reduce friction among heirs, and prevent costly delays.🔎 In This Episode, You’ll Learn:1️⃣ What the Habilitação de Herdeiros IsIt is the formal declaration of heirs under Portuguese law, identifying:• All legal heirs• Their respective inheritance sharesThis declaration creates legal certainty and allows third parties—banks, registries, and authorities—to act.2️⃣ When the Procedure Is RequiredThe habilitação de herdeiros is necessary to:• Transfer or register immovable property• Release bank accounts and financial assets• Administer or transfer titled assetsWithout it, estates cannot be properly settled.3️⃣ Extrajudicial vs. Judicial Routes• Extrajudicial (Balcão Heranças):Available when all heirs are in agreement. This route is faster, simpler, and more cost-effective.• Judicial inventory:Required when heirs disagree on shares, asset allocation, or administration. This process involves the courts and can be significantly more complex.4️⃣ Why It Matters for Cross-Border FamiliesFor international families, this step often intersects with foreign wills, multiple jurisdictions, and property registrations—making early legal guidance essential.This episode offers a practical overview of one of the most important steps in Portuguese succession law, helping families and advisors understand what is required—and why.

When someone dies owning assets in Portugal, one legal step is often unavoidable: the habilitação de herdeiros. In this episode, we explain what this procedure is, why it matters, and when families must complete it to move forward with estate administration.Understanding this process early can save time, reduce friction among heirs, and prevent costly delays.🔎 In This Episode, You’ll Learn:1️⃣ What the Habilitação de Herdeiros IsIt is the formal declaration of heirs under Portuguese law, identifying:• All legal heirs• Their respective inheritance sharesThis declaration creates legal certainty and allows third parties—banks, registries, and authorities—to act.2️⃣ When the Procedure Is RequiredThe habilitação de herdeiros is necessary to:• Transfer or register immovable property• Release bank accounts and financial assets• Administer or transfer titled assetsWithout it, estates cannot be properly settled.3️⃣ Extrajudicial vs. Judicial Routes• Extrajudicial (Balcão Heranças):Available when all heirs are in agreement. This route is faster, simpler, and more cost-effective.• Judicial inventory:Required when heirs disagree on shares, asset allocation, or administration. This process involves the courts and can be significantly more complex.4️⃣ Why It Matters for Cross-Border FamiliesFor international families, this step often intersects with foreign wills, multiple jurisdictions, and property registrations—making early legal guidance essential.This episode offers a practical overview of one of the most important steps in Portuguese succession law, helping families and advisors understand what is required—and why.

Navigating inheritance procedures in a foreign country can feel overwhelming, especially when real estate is involved. In this episode, we unpack the very first step families must take when someone passes away owning property in Portugal.The Portuguese succession process has specific legal requirements, and understanding them early can prevent delays, disputes, and costly mistakes.🔎 In This Episode, You’ll Learn:1️⃣ Why the Will Certificate MattersThe process begins with requesting the will certificate from the IRN (Instituto dos Registos e do Notariado).This crucial document confirms:• Whether a Portuguese will exists• Whether there are any testamentary dispositions affecting the estate• Which succession rules must apply2️⃣ When “Habilitação de Herdeiros” Is RequiredIf a will exists—or if one does not—the certificate helps determine whether the heirs must initiate the habilitação de herdeiros procedure, the formal process of identifying and recognizing the legal heirs.3️⃣ Why This First Step Is EssentialObtaining the will certificate sets the legal foundation for:• Confirming heirs• Completing inheritance tax obligations• Proceeding with property registration• Ensuring the estate transfer complies with Portuguese lawThis episode provides a simple, practical explanation of the first step families and advisors must take when dealing with Portuguese estate matters—especially for foreigners or those with cross-border assets.

As global transparency frameworks expand to include real estate, many high-net-worth families and advisors are reassessing how property ownership structures intersect with international reporting obligations. In this episode, we explore how common legal structures—such as SPVs, holding companies, and trusts—affect visibility under emerging information-exchange systems like the IPI MCAA.We focus on the principles, not loopholes: understanding what is reportable, how ownership layers are treated, and why relying on non-participating jurisdictions raises significant regulatory, ethical, and reputational considerations.🔎 What You’ll Learn in This Episode:1️⃣ How Property Ownership Structures Interact With Reporting RulesWe examine the use of:• Special Purpose Vehicles (SPVs)• Custodial institutions• Holding companies• Trusts and Persons of Significant Control (PSC)and how each layer affects what tax authorities may receive under expanding exchange-of-information standards.2️⃣ Why Transparency Is Increasing — Regardless of StructureEven when property is owned indirectly (e.g., through a UK limited company or other entity), beneficial ownership reporting requirements continue to tighten, especially in jurisdictions aligned with global transparency initiatives.3️⃣ The Role of Non-Participating JurisdictionsSome jurisdictions opt out of frameworks like the IPI MCAA. While this may reduce automatic reporting obligations, we explore:• The legal limitations of relying on non-participating jurisdictions• The growing scrutiny on center-of-life and substance tests• The risks of banking, compliance, and cross-border tax disputes• Why “privacy” is increasingly difficult to guarantee4️⃣ Substance, Compliance, and Risk ManagementListeners will gain insight into:• Why legitimate structuring must withstand regulatory review• How global tax authorities assess ownership intent and economic substance• The importance of compliance, documentation, and transparent governance5️⃣ Strategic TakeawayProperty ownership structures should be designed not to avoid reporting, but to ensure clarity, legal robustness, and long-term sustainability in a world where transparency is rapidly becoming the norm.This episode gives advisors, investors, and globally mobile families a grounded understanding of how property-holding structures operate under modern tax transparency frameworks—without promoting avoidance strategies that could lead to regulatory exposure.

As countries adopt the IPI MCAA framework, one of the most important questions is: What exactly will be shared?In this episode, we break down the full scope of information exchanged between tax authorities regarding immovable property—covering the asset itself, its transactions, its owners, and any related income.This is the most detailed international real estate reporting standard ever proposed, and understanding its components is essential for advisors, compliance teams, and internationally mobile individuals.🔎 What You’ll Learn in This Episode:1️⃣ Information About the Property ItselfJurisdictions will exchange key details that identify and describe the asset, including:• Property address• Unique reference number• Type of immovable property• Property value and date of last valuation• Type of ownership or rights held• Fraction or share of ownership2️⃣ Transaction-Level InformationWhen properties change hands, tax authorities will receive data on:• Purchase or sale price• Dates of acquisition or disposal• Mode of transfer (sale, gift, inheritance, etc.)• Financing details• Capital gains and the relevant tax year• Taxes paid on the transaction3️⃣ Legal Ownership InformationFor individuals:• Full name• Tax residence jurisdiction• Local address• Tax Identification Number (TIN)• Date of birthFor entities:• Entity name and type• Jurisdiction of tax residence• Local address• Entity TIN• Business identification number4️⃣ Beneficial Ownership InformationWhenever available, jurisdictions will exchange:• Name of the beneficial owner• Type of beneficial owner• Tax residence jurisdiction• Local address• TIN• Date of birthThis adds transparency in cases where property is held through companies, trusts, or other structures.5️⃣ Recurrent Income InformationAnnual income linked to the property will also be reported, including:• Amount and type of income (e.g., rental)• Taxes paid• Tax year to which the income relatesFor individuals receiving income:• Name• Tax residence• Local address• TIN• Date of birthFor entities receiving income:• Name and entity type• Tax residence• Local address• TIN• Business identification numberThis episode offers a clear, structured breakdown of what international tax authorities will soon be able to see—and why this level of real estate transparency represents a major evolution in global tax cooperation.

How often will countries exchange real estate information under the new transparency framework? In this episode, we break down the reporting timelines built into the IPI MCAA (Immovable Property Information Multilateral Competent Authority Agreement)—and what they mean for tax authorities, advisors, and internationally mobile property owners.The agreement sets out two types of exchanges: a one-off exchange of historical property holdings and annual exchanges covering new acquisitions, disposals, and recurrent income. Understanding the timing requirements is crucial for compliance and system readiness.🔎 What You’ll Learn in This Episode:• The one-off exchange deadlineWhen two jurisdictions activate the IPI MCAA, they must exchange information on pre-existing property holdings by 31 January of the following year.This buffer period gives tax administrations enough time to collect, verify, and prepare data before sharing it.• Annual exchange timelinesEvery year, participating Competent Authorities are expected to automatically exchange information on:– New property acquisitions– Property disposals– Rental or other recurring income from immovable propertyThey should aim to complete these exchanges by 31 January, but must do so no later than 30 June.• What “preceding year” means for reportingThe annual exchanges must include all real estate information that became readily available to the tax administration during the previous calendar year.• Why timing mattersClear deadlines help ensure:– Predictable reporting cycles– Consistent international cooperation– More effective use of the exchanged data for tax compliance and enforcementThese timelines also give jurisdictions a workable structure for implementing the IPI MCAA without overwhelming their administrative systems.

Reciprocity sits at the heart of global tax transparency. Without it, information exchange systems would be unbalanced, inconsistent, and difficult to implement. In this episode, we unpack how reciprocity works specifically within the IPI MCAA (Immovable Property Information Multilateral Competent Authority Agreement) and what makes this framework unique.Unlike other exchange-of-information agreements, the IPI MCAA allows jurisdictions to provide Readily Available Information on an “as is” basis while letting receiving jurisdictions decide whether they want to participate in one or both of the reporting modules. This flexibility makes the system more inclusive—while still preserving the essential principle of reciprocity.🔎 What You’ll Learn in This Episode:• Why reciprocity matters in international tax cooperationIt ensures fairness: if a country expects to receive information, it must also be prepared to provide information under the same framework.• How reciprocity functions in the IPI MCAAParticipating jurisdictions send whatever relevant property information they already have, while receiving jurisdictions can choose the scope of data they want—Module 1 (holdings & acquisitions), Module 2 (income & disposals), or both.• Why bilateral exchanges may differBecause jurisdictions vary in how much information they hold and which modules they opt into, the flow of real estate data can differ from one bilateral relationship to another. This flexibility reflects the practical realities of differing administrative capacities.• Avoiding fragmentation: a simplified approachTo prevent complexity and inconsistencies across dozens of exchange relationships, a jurisdiction can join the IPI MCAA as long as it is willing to send all information items in the Annex that it has readily available.This ensures:– Maximum transparency– A coherent system design– Predictability for receiving jurisdictions– Reduced administrative burdenThe result is a streamlined, effective global framework that balances fairness, practicality, and the growing need for cross-border visibility into property ownership.

As governments work to strengthen global tax transparency, the exchange of real estate information has become a new priority. But instead of creating complex new reporting systems, the IPI MCAA (Immovable Property Information Multilateral Competent Authority Agreement) takes a more practical approach: it focuses on Readily Available Information—data that tax authorities already possess and can share quickly.In this episode, we break down why this approach was chosen, what counts as “readily available,” and how the framework works in practice.🔎 In This Episode, You’ll Learn:• Why the IPI MCAA prioritizes existing dataWhile full due diligence rules could improve consistency, they would require major legislative and operational changes. By relying on information jurisdictions already store—property registers, tax databases, and beneficial ownership systems—the pathway to greater transparency becomes much faster and more achievable.• What qualifies as “Readily Available Information”This includes electronically captured, searchable, and sortable data such as:– Property holdings– Acquisitions and disposals– Recurring income from real estate– Beneficial ownership records (where accessible)Non-electronic files are typically excluded—but jurisdictions may include them if they consider them truly “readily available.”• Why visibility over foreign real estate mattersCountries tax immovable property differently—some tax capital gains and rental income heavily, others exempt them entirely, and many do not impose wealth or inheritance taxes. Access to foreign property data helps tax authorities verify whether offshore income or wealth is correctly reported or taxed.In some cases, the information may also support cross-border tax collection.• How the IPI MCAA is structured: the two-module systemThe agreement allows jurisdictions to choose what type of information they want to receive:1️⃣ Module 1: Holdings & Acquisitions• One-off exchange of historical acquisitions when a bilateral relationship begins• Annual exchanges for new acquisitions going forward2️⃣ Module 2: Income & Disposals• Annual exchanges covering rental income and property disposalsEach module includes identifying details for legal owners, and—where available—beneficial owners.Information on legal owners is sent to the jurisdiction where they reside; beneficial owner data goes to the jurisdiction of the beneficial owner.Before receiving the data, each jurisdiction must also confirm the information is foreseeably relevant for administering its covered taxes.This episode is essential listening for tax professionals, advisors, and globally mobile individuals seeking to understand how real estate transparency is evolving—and how it will shape cross-border compliance going forward.

As global tax authorities continue to strengthen transparency frameworks, real estate has emerged as a critical area in need of more consistent reporting. Many jurisdictions already hold valuable property data—transactions, ownership records, and recurring income—but these details are often siloed, inaccessible, or exchanged inconsistently across borders.In this episode, we explore how developing a common legal and operational approach can dramatically improve short-term tax transparency by enabling governments to share Readily Available Information on immovable property more efficiently.At the heart of this effort is the Immovable Property Information Multilateral Competent Authority Agreement (IPI MCAA)—a voluntary framework designed to standardize how real estate information is exchanged internationally.🔎 What You’ll Learn in This Episode:• What “Readily Available Information” means in the context of property ownership• Why jurisdictions are seeking a unified system for sharing real estate transaction and income data• How the IPI MCAA works and why it’s a milestone for global transparency• The role of the new XML schema and user guide in ensuring consistent, secure, and automated information transmission• What this shift means for tax authorities, advisors, and anyone holding property across bordersThis episode breaks down a highly technical topic into clear, practical insights—helping listeners understand why real estate reporting is becoming central to global tax compliance.

Over the past decade, global tax transparency has undergone a major transformation. Since 2010, new international standards and agreements have dramatically lowered the barriers to sharing tax information across borders. Now, with real estate increasingly recognized as a vehicle for hiding undeclared wealth, governments are moving to strengthen reporting frameworks even further.In this episode, we unpack the legal foundation behind the exchange of real estate information—focusing on the emerging Immovable Property Information (IPI) MCAA, a multilateral agreement designed to enhance collaboration among jurisdictions that choose to participate.🔎 In This Episode, You’ll Learn:• How post-2010 reforms paved the way for broader information exchange• What the IPI MCAA is and why jurisdictions are adopting it• The types of real estate data tax authorities will exchange, including:(i) Property holdings(ii) Acquisitions of immovable property(iii) Disposals or transfers of ownership(iv) Recurring income derived from real estate• Why this agreement represents the next major step in closing transparency gaps left by financial-asset-focused frameworks like CRS• What this shift means for international property owners, advisors, and globally mobile individualsThis episode provides a clear, accessible breakdown of a complex but important development reshaping global tax compliance—and the responsibilities of those holding real estate across borders.

Global tax transparency didn’t happen overnight—it began with a bold statement from G20 leaders in 2009 to end bank secrecy. That declaration set the stage for the Exchange of Information on Request (EOIR) standard, empowering tax authorities to access key financial data, accounting records, and even beneficial ownership details tied to assets like real estate.In this episode, we explore how the movement toward transparency has evolved, and how India’s persistent advocacy has pushed the conversation even further. Building on years of requests, the G20 in 2023 officially recommended expanding the Automatic Exchange of Information (AEOI) to include property and related recurring income—a major shift in global tax governance.🔎 What You’ll Discover in This Episode:• How the G20’s 2009 anti–bank secrecy stance transformed global transparency• What EOIR allows tax authorities to access—and why real estate matters• India’s central role in pushing for AEOI coverage of immovable property• The 2023 G20 recommendation that could redefine cross-border tax reporting• What expanded real estate transparency means for international property owners and advisorsThis episode offers a concise, insightful look at the evolution of tax transparency—and why real estate is now firmly on the global agenda.

Why is real estate becoming the next major focus in global tax transparency? In this episode, we break down the growing push—led strongly by India within the G20—to include non-financial assets like property in the Automatic Exchange of Information (AEOI) framework.For years, the global system has focused almost exclusively on financial accounts through CRS. But new data shows a rising challenge: cross-border property ownership is increasing and is often underreported, creating blind spots that allow undeclared wealth to slip through existing reporting rules.🔎 Inside This Episode:• Why India is pushing for real estate to be added to AEOI• What the 2023 G20 report reveals about the surge in cross-border property holdings• How immovable property is used to hide undeclared assets outside CRS visibility• The major gap in today’s AEOI framework — and how governments plan to close it• What expanded reporting could mean for globally mobile individuals and property ownersThis episode is essential listening for tax advisors, international investors, and anyone managing or owning property across borders. As transparency rules evolve, understanding these changes is critical to staying compliant—and prepared.

Around the world, governments are quietly shifting their tax strategies — moving away from corporate taxation and turning their attention to private wealth. As inequality widens and traditional tax bases shrink, high-net-worth individuals, global entrepreneurs, and mobile “tax nomads” are finding themselves increasingly under scrutiny.In this episode, we break down why wealthy families are becoming the new tax target, what governments are planning next, and how internationally mobile individuals can protect themselves through smarter planning and stronger compliance.🔎 What You’ll Learn:• The global pivot toward wealth taxes• How new rules may redefine personal income — even taxing unrealised gains• Why nomads are under the microscope: center-of-life tests, information-sharing, and tougher residency scrutiny• The rise of exit taxes and cross-border enforcement• Practical steps HNWIs must take: anticipate regulatory shifts, strengthen substance, and prioritize transparencyWhether you manage global assets, advise wealthy families, or live across multiple jurisdictions, this episode gives you the clarity and foresight needed to stay ahead of a rapidly changing tax landscape.

In this episode, we unpack everything you need to know about Power of Attorney (POA) validity in the UAE—how long it lasts, when it expires, and why keeping it updated is crucial.📝 Key Highlights:A POA in the UAE stays valid until the death of either the principal or the agent—unless it’s time-bound.You can set your POA for 6 months, 1 year, 3 years, or any duration you choose.Some UAE government departments require a recently issued POA, especially if yours is older than 3 years.Major life changes—marriage, divorce, relocation, new assets—may require updating your POA immediately.Keeping your POA current helps avoid delays, legal hurdles, and government processing issues.💡 Why This Matters:A valid POA ensures the right person can legally act on your behalf—smoothly, confidently, and without complications.🎧 Tune in to learn:How to check your POA validityWhen you should update itWhat UAE authorities typically requirePractical tips to stay compliantShorter Show-Note Version (for IG/X):🎙️ New Episode!Understanding POA validity in the UAE is essential.✔ Valid until the death of either party✔ Can be set for 6 months–3 years✔ Government may require a recent POA✔ Update after major life changesStay protected—keep your POA updated.