Domicile vs Residence
Residence is where you're taxed; domicile is your permanent home for succession and estate purposes.
They can differ entirely.
Many countries tax worldwide estates based on domicile, not just residence.
As global mobility rises, understanding this distinction becomes critical for succession planning.
You might escape income tax through residence while remaining exposed to estate consequences through domicile.
Have you considered both your tax residence and your legal domicile?
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Divakar Vijayasarathy
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Domicile vs Residence
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