There is no one-size-fits-all approach when advising international families.

What Can Go Wrong? How to Avoid Mistakes? 

The lack of knowledge of local regulations, cultural; practices may be a challenge – requiring the ability to adapt to local conditions.

Assistance with experienced advisors – ideally with professionals who know both home and new jurisdictions - should be sought well in advance to identify risk areas.   

An international expansion brings challenges and opportunities concerning tax planning, structuring, and Succession Planning. 

Tax and finance should not be the only discussion in succession planning, although essential issues to address.