If you are importing your pension you must check taxation laws in the USA. Also, you may have to set up a special forwarding system so that your pension benefits can be delivered to you at your American location. As always with financial matters, seek independent professional advice.
Entitlements and benefits
You may well find that you have reduced the benefits you will obtain by moving to the USA as some of the servicing organizations do not exist there. You should be aware that as a foreigner you will have fewer entitlements to American services during your retirement.
Wills
Making a living will is as simple or complex as your estate. It requires an attorney and a few simple documents. You should ask an American attorney which nations' wills are recognized within the USA. Be sure to contact an American attorney regarding certified English translations of your will, and to fully understand any discrepancies created by the differences in legal systems and in interpretations of monetary value.
--
Got something to add to this section? Spotted something which should be changed? Please let us know!
Copy and paste the text below to insert the button displayed above on your site. Thanks for your support!
Use of this website signifies your agreement to the Terms of Use/Privacy Policy available here.
DISCLAIMER: Nothing on this web site should be interpreted as a buy, sell or hold or other investment recommendation. Visitors are strongly urged to consult with a qualified financial advisor before making any investment decision. Neither Expat Focus nor any person involved with the running of this website can be held responsible for any investment decisions made by our visitors.