Resident and nonresident aliens may be in the United States indefinitely, for a long-term stay, or for a short-term assignment. Upon their death, however, their estates may face adverse US estate tax consequences without careful planning. Likewise, lifetime transfers by non-US citizens may be subject to US gift tax.
Non-US citizens may be subject to US estate and gift taxation. If you fit into this category, do you understand the potential tax implications? This publication answers the questions we hear most often from non-US citizens who live, work, or own property in the United States.
We’ll specifically look at:
As companies and individuals increasingly become globally mobile, more and more people will be affected by multinational tax rules. We hope the information provided here will help you start thinking about steps to take to confirm you are properly prepared for potential US estate and gift tax implications of a move to the US or the purchase of US property.