Is Your 401(K) Or IRA At Risk If You Don’t Live In The USA Anymore?
As working from anywhere becomes more and more acceptable globally, it is understandable that many US citizens are opting for working or living abroad. In 2015 alone, there were an estimated 181,000 US citizens living just in the UK. Fast forward six years, with a pandemic expediting the working nomad lifestyle globally and foreign...
How Landlords Can Save Tax With The Marriage Allowance
In the UK, landlords are able to save tax by sharing the Personal Allowance of their lower-earning spouse. This way, they can maximise the total household’s take-home pay without falling foul of the taxman. However, there are strict rules. And it’s for this reason that we’ve asked Mike Parkes from GoSimpleTax to explain the...
The Ups And Downs Of Immigrating: A South African’s Experience
Growing up in beautiful South Africa, surrounded by the sea and mountains, vineyards, delicious food, and incredibly hospitable people, I would never have guessed that I would choose to leave in search of expanding opportunities one day. Nevertheless, here we are, five years later with much experience to impart to those...
Choosing An Appropriate Advisory Firm For British Expats In The USA
Cross border USA/UK financial advisory services is a highly specialised area within the financial services industry. The point of this, brief, article is to ensure that you and the firm you are considering engaging have the knowledge, expertise, and capability to offer you a full service. Written by Mark James of...
International Banking With HSBC Expat
A smooth transition to a new host location is key to the success of an expat life. That’s why we’ve partnered with HSBC Expat, a specialist global personal banking service designed specifically for expatriates. As a bank focused on those living and working abroad, HSBC Expat offers expert banking and...
Estate Planning For U.S. Citizens Living Abroad
Let’s face it, estate planning can get quite complicated, especially if you are a U.S. citizen living in a foreign country. There are tons of different legal procedures you have to follow and documents you have to prepare, and let’s not forget the two different sets of taxes and regulations you must comply with....
US Expats Want Repeal Of Citizen-Based Taxation
Every year, Greenback surveys US expats on key aspects of life abroad. In 2021, over 3,100 US citizens living overseas shared their opinions on US expat taxes, foreign financial reporting, the Coronavirus pandemic, remote work, and more. Here Greenback report the results. Why do expats live abroad? The majority of expats choose...
Mortgages In The US For Expats And Non-Residents
Owning a home is a dream come true for any United States citizen. However, not everyone gets to fulfill this fantasy. Wishing to purchase a home in the US as an expat and a non-resident is a whole other ballpark. Even once you’ve solved the issue of money, there are many things you’ll need to familiarize yourself...
The Dos And Don’ts Of Mortgages For Expats In Dubai
Dubai is an excellent destination for international professionals looking to start a new chapter in their lives. However, there are many factors to consider when you want to buy a property with a mortgage in this city. From finding the best property to calculating mortgage and finding the best mortgage rates, there are some...
How Expats Can Raise Funding For Their Overseas Business
These days, aspiring entrepreneurs are no longer limited to their location. They can start their business overseas. Thus, they can reach the global market with less hassle. The only caveat is that local laws can restrict you. Plus, starting a business overseas can be expensive. If you are one of those aspiring global entrepreneurs,...
What’s Happening To Expat Pensions Post Brexit?
One of the most unpredictable outcomes of Brexit is the state of expat pensions. How is Brexit going to impact expat pensions in 2021? How Brexit Might Impact Expat Pensions One of the biggest issues facing the state of pensions belonging to UK expats is the degree of uncertainty...
The Importance Of Establishing Good Credit When Moving Abroad
When you decide to move abroad from the U.S. you will need to set yourself up financially in a new country and one of the challenges is establishing good credit when moving abroad. You need to establish a new credit record in your new home country but should not neglect maintaining your credit score...