Beacon Financial Education aims to help expats organise their personal finances and educate them on retirement plans, personal lifestyle planning and wealth management.
Congratulations on moving abroad! Whilst you may be enjoying the honeymoon phase of your new stay, you might have to understand complex tax systems in your new country. There are three variations of the tax system which countries use, and certain classifications within those systems affect your tax status. This article highlights all three and addresses the essential classifications within the rules.