PERU Trends and Developments Contributed by: German Carrera, Juliana Llosa, Yesica del Carpio and Moritz Abramovitz, CPB Abogados
This growing mobility creates significant legal, tax and succession challenges. Members of the same family may be subject to different tax residency rules, report - ing obligations and inheritance regimes. Likewise, families returning to Peru often need to reassess the tax treatment of foreign structures, investment vehi - cles and succession arrangements implemented while living abroad. Consequently, wealth planning increasingly requires co-ordinated cross-border analysis. Families are plac - ing greater emphasis on obtaining integrated advice before relocating, returning to Peru or implementing long-term wealth transfer strategies. Pre-immigration and re-immigration planning have therefore become increasingly important components of private wealth advisory services.
As a result, wealth planning is evolving beyond the traditional objective of transferring assets upon death. Families are increasingly focused on preserving fam - ily cohesion, facilitating the administration of assets located in multiple jurisdictions and ensuring conti - nuity across generations despite differing residences, citizenships and personal circumstances. Modern wealth planning therefore requires the integration of legal, tax, governance and family considerations across borders, reflecting the increasingly interna - tional nature of Peruvian family wealth.
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