Use of U.S. Life Insurance Policies By Non-Resident AliensUse of U.S. Life Insurance Policies By Non-Resident Aliens

International families who have some connection with the United States seek out U.S. life insurance policies to provide favorable tax treatment, flexibility, liquidity and certainty in their wealth planning. The U.S. life insurance industry offers these non-resident aliens (NRAs) competitive advantages not found in their home countries. There are, however, strict solicitation and eligibility requirements imposed by U.S. carriers in writing coverage for this specialized market. U.S.-based insurance can provide a more flexible alternative to a qualified domestic trust (QDOT), long-term tax benefits and asset protection for an international family with children or grandchildren permanently residing in the United States or provide estate tax...