If you're an owner of an asset, and your primary residence is in the country of wealth taxation, you pay a wealth tax on the value of that asset, no matter wher

If you're an owner of an asset, and your primary residence is in the country of wealth taxation, you pay a wealth tax on the value of that asset, no matter where that asset is located. Another problem though is valuation of that asset. There will be huge incentives to show lower valuations, but that's already a case for things like real-estate property taxes, and somehow the system still works.