Financial Planning When Retiring Abroad
When retiring to Europe what are the options for funding the move, how do you arrange to receive your state pension and transfer your private pension(s) while abroad. What are the financial issues that need to be considered before you make the move? Jason Porter of Blevins Franks takes you through the key financial issues...
Expats – Plan Your Retirement Abroad
Many expats having spent a proportion or all of their career abroad get used to a different climate and lifestyle and do not feel drawn back to their home country when considering their retirement. There are many options for retiring and it is a very personal decision on where to retire. For some retiring where...
How To Claim The UK State Pension Abroad
You can continue to claim your State Pension when you decide to retire abroad, provided you have paid enough UK National Insurance contributions to qualify. If you have not yet started receiving your pension you can get a State Pension statement to tell you how much State Pension you may get In order to claim...
Accessing Healthcare When You Retire Abroad
Retiring abroad is a major decision and one of the key issues if we are to get the best out of life in retirement wherever we are is access to good quality healthcare. The accessibility of healthcare should be one of the key factors in the decision on where to retire. There can be a...
Retiring Abroad, Some Insurance Advice
The freedom to retire means no longer having to work every day and having the ability to travel at leisure. It also means you can sell your house and spend your senior years living in a foreign country, taking in new experiences and meeting new people; but as romantic as retiring abroad sounds, there are insurance considerations that...
Top Ten Tips When Planning Your Retirement Abroad
Retiring abroad is increasingly popular with estimates ranging from 10% of people in the UK considering retiring abroad to over 30%. Moving to a warmer climate with a lower cost of living enabling you to enjoy a more active retirement can be a very attractive proposition. It is, however, a major life decision and should...
How to Arrange Your US Social Security Retirement Benefit
Over half a million people receive some kind of Social Security benefit abroad, including retired and disabled workers, as well as spouses, widows, widowers, and children. If you retire abroad you can receive your Social Security payments outside the United States as long as you are eligible and live in a country where payment is...
Retiring In France: Currency Issues
France has long been a popular retirement destination for British nationals, offering a distinct contrast in lifestyle, temperature, and culture despite its proximity. Around 150,000 UK expats live in France, accounting for 0.2% of the population, with active and welcoming expat communities spread around the country. Whether you want to retire peacefully in the warm...
A New Horizon – The Upside Of Downsizing For Retirement Overseas
As the UK’s baby boomers enjoy their retirement and Generation X begin to follow them, a significant shift is occurring in the housing market. Empty nesters are choosing to downsize and relocate abroad, seeking sunnier climates and a cheaper lifestyle. This trend is not just financial savvy; it’s a move towards a new chapter of...
Britons Willing To Overcome Brexit Barriers And Retire Abroad Again
New research from overseas property consultants highlights that Brits are coming to terms with post-Brexit restrictions, applying for visas and retiring to favourite European destinations in ever greater numbers. Your Overseas Home have released new data which shows a return to pre-Brexit levels of interest in retiring to Mediterranean and southern European hotspots. After ‘freedom of...
An Expat’s Retirement – Double The Challenge
Retirement is like a bereavement. Overnight you lose your title, identity, network of colleagues and sense of purpose. Like a bereavement, many go through a stark emotional time. Add leaving a country into the mix, and an expat’s retirement can involve a more challenging time than most. Written exclusively for Expat...
UK Inheritance Tax And Domicile – What You Need To Know Today
UK inheritance tax follows you around the world since it’s based on domicile, not residence. You could live abroad long term and still be liable for this legacy tax. Here, Blevins Franks look at key facts about UK inheritance tax and domicile and how it could affect your intended heirs. Written...