Foreign Asset Ownership can Entail Complex Tax Burdens
The world is growing increasingly integrated and we are becoming globally mobile.
In 2021, Seattle jumped to the top spot in the country for foreign investment in commercial real estate. According to the most recent U.S. census, 23.1% of individuals in King County are foreign born. And as the coronavirus pandemic lingers and companies expand their remote working policies, many residents are considering working abroad temporarily or permanently.
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