The start of a New Year always brings the promise of a ‘better you’. Whether you envisage increasing your fitness levels, eating healthier or learning a new skill, there are also some important and tangible goals you can set to organise your personal affairs.
Quite distinct to the concept of ‘residence’ (i.e. the country where you live) and ‘tax residence’ (i.e. the country in which you are subject to income tax), an individual’s domicile determines the law that applies to their assets for succession purposes.