U.S. Tax Shelters For Immigrants

U.S. Tax Shelters For
Immigrants
Freeman Tax Law
(855)935-5945

Tax Advantages For
Foreigners
Great coverage has been given to
the treatment of U.S. citizens at
foreign financial institutions.
Whether the foreign banks want the
U.S. clients or not should not deter
foreigners from looking to the
United States for investment
opportunities. Great tax advantages
exist for immigrants and foreign
investors.
Freeman Tax Law  (855) 935-5945  info@freemantaxlaw.com  www.freemantaxlaw.com

Immigrant Tax Planning
For wealthy immigrants coming to the United
States it is important to make plans to keep
them wealthy. This involves looking at their
assets before they become a United States
resident for tax purposes or a citizen. Assets
that have appreciated should be dealt with to
ensure that the gains from such assets are
earned before U.S. residency and the IRS has
the ability to tax them.

Student visas are particularly generous and tax
advantageous. Students are allowed to reside
in the United States for up to five years and are
exempt from being treated as a U.S. resident
for taxation purposes. Students are able to
study and must only pay taxes on income from
U.S. sources, not worldwide income. If the
student is married or has a family, their spouse
and children are able to reside in the United
States and enjoy the same tax advantages. For
wealthy individuals with business ventures in
foreign countries this is particularly favorable.
.
Student Advantages

Foreign Investors
For those wishing to grow their wealth
without actually residing in the United States
there are unique opportunities.
Understanding the regulations a foreign
investor can build their wealth without ever
paying U.S. taxes on the income or paying
estate tax on the wealth in the United States.
The U.S. stock market is a prime example -
non-resident aliens are able to invest in the
stock market and receive dividend income.
Shares sold for capital gain are generally
exempted from U.S. taxation. A lesser known
option is Portfolio Loans. These are loans
made by foreign investors to U.S. borrowers.
The investor can reap tax-free interest on this
debt obligation held by the lender.

Estate Opportunities
Estate taxes are another area of opportunity for investors
looking to purchase real estate. Estate taxes are applied at
the time of death and can be quite sizeable depending on
the size of the estate. In order to avoid paying an estate tax
foreigners are able to purchase real estate in the name of a
foreign corporation. At the time of the foreigner's death
the estate is transferred to the corporation and the
beneficiary will receive share of the foreign corporation.
The United States is excluded from this deal as the estate
did not transfer to another person so there is no estate tax
to be collected.
Important to note, with increased global tax transparency
foreigners are encouraged to take advantage of U.S. tax
advantages but are still responsible for abiding by their
governing tax code in their home country. There are still
advantageous opportunities, but planning for taxes on both
sides of the water is better done first.

Our Locations
International
Locations:
Basel, Switzerland
Bern, Switzerland
Geneva, Switzerland
Zurich, Swizterland
Atlanta, Georgia
Austin, Texas
Birmingham, Michigan
Boston, Massachusetts
Charlotte, North Carolina
Chicago, Illinois
Cleveland, Ohio
Dallas, Texas
Denver, Colorado
Greenwich, Connecticut
Houston, Texas
Irvine, California
Las Vegas, Nevada
Los Angeles, California
Miami, Florida
New York, New York
Palo Alto, California
Phoenix, Arizona
Pleasanton, California
San Antonio, Texas
San Diego, California
San Francisco, California
San Jose, California
Short Hills, New Jersey
Tampa, Florida
Washington DC

Freeman Tax Law
About Freeman Tax Law
Freeman Tax Law is a boutique tax law firm with national
exposure equipped to handle all domestic and international tax
law matters. At Freeman Tax Law, the attorneys and
professional staff have vast experience with foreign tax
compliance, international tax planning, and resolving tax
controversies involving offshore banking matters. Freeman Tax
Law helps taxpayers and foreign entities become in compliance
with laws such as Foreign Account Tax Compliance Act
(FATCA) and Offshore Voluntary Disclosure Program (OVDP).
In addition to handling complex tax controversies, the Freeman
Tax Law team has extensive expertise in assisting clients with
wealth management and estate planning.

U.S. Tax Shelters For Immigrants

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