Dual citizenship offers a blend of advantages, such as increased mobility, expanded work opportunities, and access to social services in two countries. However, it also poses challenges like potential double taxation and complicated legal obligations. Consulting with immigration and tax professionals is advisable for those considering or navigating dual citizenship to ensure compliance and make informed decisions.
The International Mobility Program (IMP) is a critical facilitator of people’s easy cross-border travel for work-related reasons in today’s integrated global economy. Understanding and skillfully managing the complex web of cross-border tax effects linked with international mobility becomes essential as…