expat network

Moving to Spain – Money

So, you are moving to Spain!

Whether you are emigrating, taking a short term assignment or joining family in Spain we have put together the information you will need to make your move a smooth one.

Filing US Expat Taxes Late

A Step-by-Step Guide to Filing US Expat Taxes Late

Filing US expat taxes late – if you’re behind on your taxes, you aren’t alone. The 2018 US Expat Opinion Survey, which gathered the opinions of over 3,800 expats worldwide, found that nearly 7% of expats were behind on their taxes. Becoming compliant on expat taxes might be easier than you think! Just follow the…

Read More

Looking To Transfer Your Expat Pension?

Expats generally have the right to transfer their pension abroad into a qualifying scheme.  For some, the benefits of doing so are manifold.  However, there are risks, and it’s fair to say that you need to tread very carefully when considering all your options, as a significant tax charge can apply in certain circumstances. Written…

Read More
offshore banking for expats

What Are The Benefits Of Offshore Banking For Expats?

It is true that offshore banking has sometimes been associated with tax avoidance schemes which give it a bad name.  However, offshore banking for expats can have many benefits, even if there are no tax savings.   Expats by definition work away from their home country and will therefore tend to earn in one currency whilst…

Read More
insurance

Expats’ Special Insurance Needs

Everyone faces risks that require reliable insurance coverage.  Expats face the same risks as well as additional risks caused by their decision to live abroad.  It is important to recognise the risks that you face and to be sure that the coverage does not have terms invalidating the insurance because of your location or because…

Read More

Financial Action Checklist

If you are leaving Britain to live abroad there are a number of financial measures you can take before you go to save you facing problems later.

Read More

British Expats And The Statutory Residence Test

Tax residence is not an issue that most of give much thought to.  As a British taxpayer you are subject to tax on your worldwide income and any capital gains unless you are not UK resident.  So when you spend all or part of the year abroad the issue comes in to sharp relief as…

Read More

Non-Resident Capital Gains Tax 

Are you non-resident for UK tax purposes and own UK residential property? If so, did you know that if you sell your UK property you have an obligation to file a Non Resident Capital Gains Tax Return (NRCGTR) within 30 days of conveyance? This is the case even if you do not make a gain…

Read More

Sponsored: Why ‘Free’ Advice Costs Much More Than You Think

Were you offered ‘free’ advice by your financial adviser when he or she sold you that investment product, pension or regular savings plan? If the answer is yes, then you have probably been taken for a ride. All advice costs money, and there are two ways you can pay for it: fees or commission. Fees…

Read More
Medicare

Sponsored: Sensible Pension Planning For Expats

Historically, in countries where there is no tax-driven, government-approved pension savings framework (most countries in the Middle East and Africa for example) expat workers have relied on ‘international pension plans’; in reality a marketing name for what is essentially a long term savings plan. By Paul Beard For a long time these were the only…

Read More