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Kiplinger
Kiplinger
Business
Alex Ingrim, Chartered MCSI

These Are the Key Ingredients for a Successful Move to Europe (Being Super Rich Isn't One of Them)

Lily Collins in a gondola in Venice, Italy. while filming "Emily in Paris." .

Many Americans think moving abroad is only for the ultra-wealthy. But that's not always the case. In fact, having wealth can make international moves more complex.

While ultra-wealthy households may absorb relocation costs and pay their way out of complicated tax and financial planning pitfalls, they're typically tied to banking systems that don't travel well internationally as a result of the Fair and Accurate Credit Transactions Act.

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