Insightful collaboration

Retiring abroad?

Get the advice you need

Retiring abroad may be a dream come true for many Americans, but it may come with unforeseen financial consequences.

Today, U.S. citizens residing overseas may find it more challenging to find a qualified financial services firm to meet their needs. Both U.S. and foreign governments are currently seeking increased transparency of assets held abroad by their residents and are requesting better communication with one another. To address these concerns and promote cross-border transparency, the U.S. has entered into Intergovernmental Agreements (IGAs) with certain foreign governments under the Foreign Account Tax Compliance Act (FATCA). The U.S. has requested to receive and has agreed to share financial information on assets held offshore automatically or upon request.

What you need to know

If you are a U.S. citizen living overseas, your financial services firm may ask you to close your account in your resident country. Edward Mirsky understands the issues and has the financial insight and experience, combined with the resources of UBS, to help you navigate any challenges with this transition. He can help you take the necessary steps to comply with these reporting requirements so you can continue to plan for the future.

For more than 20 years, Edward Mirsky has been helping clients transition to retirement overseas. He'll make sure you understand the facts and have all the information you need to make well-informed decisions.