With Democratic control of Congress and the Presidency, the Biden Administration is positioned to substantially reshape tax policy. The precise consequences for American citizens and corporations remain uncertain at this stage.

What appears inevitable is that wealth preservation and tax structuring will emerge as critical priorities for the relocation sector throughout the coming four years.

Additional governments worldwide will likely look toward the United States as a model, particularly as they seek new revenue sources. The pressure for tax reform is becoming increasingly global as nations everywhere grapple with fiscal demands.