Objective, Pertinent Cross-Border ADVICE
A Foreign Nationals is a person who is not a citizen of the host country in which he or she is residing or temporarily sojourning. It's a rather broad term and can be broken into two segments
i. Non Resident Alien: Non-U.S. citizens who reside permanently outside the U.S.
ii. Resident Alien: Non-U.S. citizens who reside in the U.S. and have no intent to leave.
Non-Resident Aliens Immigrating to U.S.
i. NRA’s have unique planning opportunities that if implemented prior to become a US person, can result in favorable income and estate tax saving outcomes. These strategies are fully tax compliant and offer the individual and their family unique planning opportunities