Your Questions Answered: I am about to retire. How can I take advantage of international retirement plans?

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Citizenship and residency status: Both have a direct impact on international investment options and tax liability in respective countries. Risk profile: Your risk-taking appetite will decide if at all you should venture to invest internationally and how much exposure you would be comfortable with. Retirement goals: What is the lifestyle you would like after you retire? Once you are clear about this, you can determine the monthly savings you will need to support that lifestyle.

Global mutual funds and ETFs: Rather than invest directly, start with a basket of international stocks, mutual funds or bonds to diversify your portfolio. Several international exchange-traded funds (ETFs) allow access to Nasdaq and other leading global indices. Individual overseas stocks and bonds: Conduct a thorough research and pick the most promising bonds or companies.

Be aware of the risk of currency fluctuations. Real estate: Invest in overseas Real Estate Investment Trusts (REITs) that will help you generate passive rental income. Employer plans: Qualified employer plans (QEPs) are available to employees of multinational companies.

Overseas entities often provide employee stock ownership plan (ESOP) as a benefit to Indian residents employed by them in India. Tax implications: Understand how investments are taxed in the country where you reside and the country where you plan to invest. Regulatory compliance: Ensure you comply with all investment regulations and reporting requirements of both the countries.