A life insurance policy on the life of and owned by a nonresident alien is not considered U.S. Situs property, therefore not subject to U.S. Taxation.
FREE U.S Life Insurance Tax Planning
Please provide your name and email to gain FREE instant access
High net worth individuals all over the globe travel and look to the United States for wealth and asset protection. Many of the financial challenges facing foreign nationals can be planned for using U.S. life insurance.
Who is considered a Foreign National?
A foreign national is a person who is not a U.S. citizen or permanent
resident of the United States.
The stronger and more meaningful the presence/connection to the
United States, will facilitate the underwriting of the application and
help obtain better rates.
General Guidelines:
- Minimum Age: 20
- Maximum Age 75
- Maximum Capacity: 100 Million
- Jumbo Limit: 35 Million
International underwriting guidelines are becoming more flexibility and market specific; some companies now consider foreign prospects for the best underwriting rates. Each insurance company has its own set of underwriting guidelines in place to determine whether a proposed insured may be eligible for coverage
Here are some of the ways life insurance can provide solutions:
|
1. Family Protection/Income Replacement.
2. Supplement Retirement Income. 3. College Planning. 4. Real Estate/Mortgage Protection. |
5. Estate Planning/Final Expenses .
6. Children with disabilities. 7. Business Continuation. 8. Key man insurance. |
EARN
MORE COMMISSION
GUARANTEED!