The Global Relocation Checklist
The Global Relocation Checklist
A Strategic Guide for Seamless Transition
Phase 1: Jurisdictional Strategy & Tax Planning
Determine the Why: Identify your primary driver (Tax optimisation, asset protection, or lifestyle).
The Strategic Wealth Blueprint: Review your current domestic tax obligations and map out your Exit Strategy.
Residency Research: Compare jurisdictions such as Dubai, Malaysia, Singapore, Hong Kong, Cayman Islands, Guernsey or based on your long-term goals.
Exit Tax Audit: Conduct a pre-departure valuation of assets to identify potential Deemed Disposal (CGT) triggers.
CFC & Trust Analysis: Review how your new residency will impact existing Controlled Foreign Companies (CFCs) or Trust structures.
Phase 2: Corporate & Wealth Architecture
Entity Formation: Initiate the setup of holding companies, trusts, foundations or family offices in the target jurisdiction.
Banking & KYC: Begin the “Know Your Customer" process with Tier 1 international banks.
Asset Segregation: Assess and move core wealth into protective structures (e.g. Cook Islands Trusts) before legal residency changes.
Economic Substance Compliance: Ensure your new business setup meets the local requirements for physical presence and local management. Investigate offshoring staff in cost-effective jurisdictions.
Phase 3: Family & Logistics
Visa & Residency Applications: Lodge paperwork for Golden Visas, Citizenship by Investment, Entrepreneur Passes, or Global Investor Programs.
Real Estate Acquisition: Engage local partners to secure premium property (either for investment or primary residence).
Education & Enrollment: Secure placements in international schools for dependents (many have 12-month waiting lists).
Phase 4: The Clean Break
Notify Authorities: Formalise your change of address with tax authorities and election commissions.
Sever Financial Ties: Close unnecessary domestic bank accounts and cancel local club memberships to support Non-Resident status.
Tax Residency Dossier: Compile your evidence of a Permanent Place of Abode overseas for future tax audits.
Relocation Logistics: Coordinate the secure movement of personal effects and high-value physical assets.
Phase 5: On-the-Ground Integration
Local Compliance: Register with local tax and immigration authorities within the required timeframe.
Operational Launch: Activate your new office space and finalise local hiring if required.
Community Networking: Establish connections within local chambers of commerce or private members' clubs.
This checklist is a guide only and does not constitute legal or financial advice. Contact Global Private Partners to initiate your Strategic Wealth Blueprint.
