Exit Tax

When you leave your country of residence for good, you may owe taxes on the gains you've accumulated—even before you sell your assets. Exit tax is a charge imposed by some countries on departing residents, typically calculated on unrealized gains in property, investments, or other valuable holdings. If you're planning to relocate abroad permanently or change your tax residency status, understanding these rules is crucial, as they can significantly affect your financial planning and the net proceeds you take with you.