Wealthy foreigners who are immigrating to the U.S. and planning on a permanent move to the U.S. need to make sure that all of their accrued wealth earned over the years should not be subject to u.s. income tax and/or a tax on capital gains, because these income and gains were accrued, when the taxpayer was not a U.S. person.Preparing to immigrate to the USA? Concerned about protecting your assets? The United States is a haven for people from all over the world who come to the United States for the American way of life from a foreign country.
There are several techniques to insure that accumulated wealth and income earned prior to becoming a United States taxpayer can be protected from United States taxes.This requires planning in advance by non-resident alien individuals who will become United States taxpayers.
These techniques are described in this segment on pre immigration tax planning. Videos have been updated to reflect the new 2017 Trump Tax Cut and Jobs Act.
If you are looking for archive tax law videos or "Pre Trump tax law videos". Those can be found here.