Tax Insights - U.S. Estate Tax for Nonresidents

Mexico and numerous other nations do not have estate taxes, so many nonresidents are unaware estate taxes even exist. Some may be well aware of residency requirements as they apply to income tax jurisdiction, but may be unaware that estate tax obligations are not based on those criteria. Those with some awareness of potential U.S. estate tax provisions may not be familiar with how those provisions and related international tax treaties apply to their specific circumstances.

Nonresidents and their advisors need to address the following considerations before purchasing property in the United States.

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