Canadian Citizenship: The Wealthy Global Family’s Safe and Tax-Efficient Alternative

Abstract

Wealthy global families are becoming increasingly aware of their need for a well thought-out citizenship and residency strategy to protect their wealth and to safeguard their freedom of movement. In the uncertain world facing us today, prudent families understand the importance of keeping their options open and having multiple passport choices. Canada provides a safe and surprisingly tax-efficient alternative to many of the more well-known citizenships that the wealthy can consider acquiring. Canada also has a world-class professional services and financial infrastructure, making it an ideal location for their family office, particularly in the new “post-bank secrecy” world.

TOPICS: Wealth management, developed, legal/regulatory/public policy