Episode 31: Raoul Rodriguez on an Expats Niche

“. . . the United States charges income taxes on its citizens and residents on a worldwide basis, regardless of where they live. And that is just not the way that most of the world taxes its citizens. And so you could have an American that moves abroad, and they might have to now pay income tax in their new home country and report worldwide income. But at the same time then, they also have to report worldwide income back to the United States. And so this marriage of the tax systems can make for very, very complex planning issues that have to be addressed.”

If you’ve had clients ask you “What do I have to do to chuck it all and move somewhere exotic or tropical?” this is the podcast for you! Raoul Rodriguez is one of the world’s foremost experts on cross-border financial planning, especially regarding Mexico and Latin America, working in the US today, and he’ll share some of the more quixotic and controversial cross-border planning challenges in this information-packed half hour. If Fall has got your clients thinking about the coming Winter, and want to pull the pin and fly south, you can’t miss this episode!

Raoul Rodriguez CFP®, a financial advisor and head of Pinnacle Advisory Group’s Miami office, has worked as a Wealth Manager for over 20 years, including 18 years at his own firm, Mexico Advisor. He joined Pinnacle Advisory Group in 2016, bringing with him a significant experience in planning and investment management along with expertise in the complex issues of cross-border financial planning. In addition to being a CFP®, he obtained a master's degree in financial planning. Born in Mexico City and having grown up in a bilingual and bicultural household, Raoul has traveled extensively and has lived in as an expatriate in countries as varied as Venezuela, Sudan, and the Republic of Georgia.