The Role That Currency Plays Within Personal Finance
Living abroad is an adventure filled with new experiences, cultures, and opportunities. But when it comes to managing your money, things can get a bit complicated. Currency isn’t just the cash in your wallet—it’s the lifeblood of an expat, influencing everything from daily spending to retirement planning. It presents some frictions and complexity, but it’s...
Registering For Self Assessment As An Expat
So, you’ve finally decided to up sticks and go and live overseas. Maybe it’s the British weather, the cost of living or simply that you can no longer resist the appeal of living in another country (probably one with sunnier weather). Perhaps you’re already living the dream in another country. Moving overseas means you’ll be...
I Haven’t Filed A U.S. Tax Return In Years. What’s The Risk?
Many Americans living abroad have proclaimed, “I’m so glad I don’t have to file U.S. taxes anymore.” Sadly, many of them get high fives! The taxation of Americans abroad is complex, requiring guidance from someone other than your dad. Many Americans do have U.S. reporting obligations and some penalty exposure. Learn more because the only...
How To Save Money On Travel Insurance Without Compromising Coverage
Travel insurance is an essential part of planning a trip. It provides protection against unexpected events like trip cancellations, medical emergencies, or lost luggage. However, many travelers are concerned about the cost of insurance and wonder how they can save money without giving up important coverage. Here’s a straightforward guide to help you find affordable...
Things Expats Need To Know About Taking Out Loans In Dubai
Dubai offers a blend of modernity and tradition. However, as an expat, navigating the financial landscape can be challenging, especially when it comes to taking out loans. In this article, the experts at Pacific Prime Dubai will outline essential information for expats considering loans in Dubai, including tips for securing the best deal. Types of...
FAQs: Completing A Self Assessment Tax Return For Previous Tax Years
Answers to frequently asked questions for UK taxpayers about completing and filing Self Assessment tax returns for previous tax years. Article written for Expat Network by GoSimpleTax Why might I submit Self Assessment tax returns for previous years? A common scenario is where HMRC has issued a notice to file a Self Assessment tax return,...
What UK Tax Will You Pay If You Move To Australia?
What’s not to love about Australia? The seemingly continuous warm, sunny weather means people can enjoy their lives in the great outdoors for most of the year. Australia’s cities are ultra-modern and the natural environment is stunning, especially the beaches, which attract huge numbers (85% of Australia’s population live within 30 miles of the coast). ...
How Thailand’s Historic Bill Recognizing Marriage Equality Will Affect The Workplace
Thailand has recently passed a historic bill that recognizes marriage equality. This groundbreaking legislation not only has profound implications for the LGBTIQA+ community but also carries significant implications for the workplace. In this article, the experts at Pacific Prime Thailand will explore the key highlights of the bill and examine how its implementation is likely...
How To Start & Invest In A Business In The UK To Gain Permanent Residency
The United Kingdom remains an enticing destination for business owners, investors, and entrepreneurs. This country provides numerous benefits in terms of work, business expansion, investment, healthcare, and education. Individuals from all over the world want to establish themselves in the UK. However, due to complex UK immigration rules and regulations, obtaining UK permanent residency can...
Employee Benefits Trends To Consider In 2024
As an employee, it’s important to look beyond just your salary and consider the benefits offered by your employer. Feeling valued and supported in the workplace is crucial, and companies are continuously improving their employee benefits programs to stay competitive and attract top talent. In this article, our friends at Pacific Prime will explore the...
Leaving The UK: Make Sure To Tick All The Tax Boxes
Moving abroad can be an exciting time, with the many opportunities that lie ahead and the countless new memories to be made. However, dealing with the financial side of things may not always be as exciting and can be rather daunting. From declaring your UK-based income and expenses to arranging your rebate and meeting all...
Basis Of Kidnap And Ransom Insurance You Should Know
Kidnap and ransom (or K&R) insurance is a specialized type of coverage designed to protect individuals and businesses against the financial risks associated with kidnapping, extortion, and ransom demands. This insurance is particularly relevant for individuals and organizations operating in high-risk regions or industries. In this article, the experts at Pacific Prime will offer an...