Permanent Departure from Ukraine: How to Confirm Loss of Tax Residency
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The number of Ukrainians relocating abroad for the long term or permanently continues to grow. However, while packing their suitcases, many forget about the “invisible baggage” that remains in Ukraine — tax residency.
The consequences of ignoring this issue become apparent when the automatic exchange of tax information (CRS) comes into play. Without an official exit from Ukrainian tax residency, you may face worldwide income taxation, fines, bank account blocks, and questions regarding the source of your funds.
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