For UK residents, having access to the NHS is often taken for granted. In many of the popular expat destinations around the world, such a service isn’t available for free and medical treatment can be expensive if the right Health Insurance policy is not taken out. Often expats who are relocated as part of their […]
Home and contents insurance for an overseas move is very different from your typical domestic homeowners or renters home insurance policy. It is important that as an expat you invest in a home insurance policy specifically designed to cover the unique aspects of your expat situation. It is not recommended that expats rely on the insurance […]
Alternative investments are increasingly attracting the attention of investors; but should you be considering them? And which alternative investments offer the best opportunities for UK residents and expats? A growing number of people around the world are now considering alternative investments instead of keeping their money in their pensions. In recent months, we have heard […]
When you die you are likely to want to pass your estate on to your loved ones. When this happens, all you assets are likely to be hit with inheritance tax. Estate planning is the process of planning your estate to ensure that the value of your assets does not diminish unnecessarily, while also ensuring […]
Wills for Expats are a difficult subject to write about because they are a difficult thing to define. Laws which govern an expat’s estate will be different depending on their home nation and on the laws of the country in which they currently reside. This article concentrates on English and Welsh (E&W) and other British […]
If you’re looking to improve the way you manage your finances, follow our simple ten step guide to creating a successful financial plan. Step one: Establish your personal goals When planning your personal finances, you need to know what goals and objectives you are aiming for. Your first step to creating a financial plan should […]
As you are no doubt aware, the best schools and universities demand the highest fees to allow your child to attend and while twenty years ago a standard university education was more affordable, the abolition of grants and the introduction of university fees, as meant that ensuring you have sufficient capital has becoming tougher. The […]
When we go on holiday, we wouldn’t think of opening an international or local bank account and all too often expats take the same approach to bank accounts when relocating overseas. It’s only when the new expats start to withdraw their money in the local currency when they realise that the costs of transactions start […]
When you move abroad, one of the questions that you will often ask yourself is “how do I ensure I’m managing my finances in the most tax efficient manner possible”. Just like in your home country, seeking professional advice from experts is vital when it comes to managing your finances to ensure that you’re on […]
Expat financial advice is defined as a personal recommendation on financial matters for expats which are provided by a qualified professional, which incorporates a number of personal and economic factors. Expat financial advice is a slightly more complex area than obtaining financial advice in the UK, primarily due to the regulatory differences. However, it is also […]