expat network
EU Pensions and investments

Britons In The EU Face Investment And Pension Problems

Brexit has meant many UK citizens living in the EU have seen the forced closure of their UK bank accounts. But this is likely to be just the beginning – EU pensions and investments could be next.   Financial services – 6.9% of the UK economy in 2019, do not form...

foreign exchange markets

Britons In The EU Face Investment And Pension Problems

Brexit has meant many UK citizens living in the EU have seen the forced closure of their UK bank accounts. But this is likely to be just the beginning – expat pensions and investments could be next.   Financial services – 6.9% of the UK economy in 2019, do not form...

mortgages for over 60s

How Do Different Countries Treat Mortgages For Over 60s?

With the current economic turmoil due to both Brexit and Covid-19, many UK mortgage brokers have continued to be accused of being ‘ageist’.  Mortgages for Over 60s can be difficult to obtain.   This is because many are lowering their maximum age limits on traditional mortgage lending for an older borrower from 80/85 to an...

UK Self Assessment

Do I Need To Complete The UK Self Assessment?

If you are classed as self-employed or have a source of untaxed income, you will be required to complete a Self Assessment. However, this criteria is vague and many are left confused as to whether they actually need to file the tax return or not.  Written exclusively for Expat Network by Mike Parks of  GoSimpleTax...

social media

Social Media Can Prevent Approval Of Your Overseas Based Mortgage

According to Simon Conn, the overseas mortgage specialist, an increasing number of lenders and insurers are using online activity, including social media posts and profiles, to help them judge the suitability of applicants. So your social media profile can impact your credit rating and potential overseas based mortgage. Written by Simon Conn of Simon Conn Overseas...

make money

Be Your Own Boss: 3 Ways To Make Money When Living Abroad

Who doesn’t want to be their own boss nowadays? Thanks to the internet, getting started has become a pretty simple process. To make things better, all you’re going to need is a laptop and a little creativity. It gets even better too, as the internet also allows you to make money even when you’re living...

global life insurance

Securing Global Life Insurance – The Easy Way

No one really wants to deal with the matter of life insurance. That’s because it’s so often confusing, mind-numbingly dreary, and a gloomy topic. Yet for most of us, it’s difficult to be financially secure without it. Written exclusively for Expat Network by Global1Life If you have loved ones in your care, or someone...

Power of attorney

A Power Of Attorney Could Protect Your Overseas Property Purchase

Overseas property expert, Simon Conn, has reached out to his peers to comment on the importance of a Power of Attorney when protecting property and assets abroad, especially with Covid-19 ever present. Written by Simon Conn of Simon Conn Overseas Property and Finance With Brexit looming and the UK in its second official lockdown,...

Mortgage Payments

Beware The Mortgage Payment Holiday For Buy To Let

With the current Covid crisis many banks are offering mortgage payment holidays in accordance with UK government policy.  However, the consequences for buy to let investors need to be considered to ensure it does not impact your credit for future investments. As England moves into its latest full lockdown and banks once again offer...

UK based adviser

Can a UK-based adviser continue to support you from 2021?

The UK has left the EU and as there has not been an agreement on services the UK is no longer subject to EU financial regulation and as  this has had an impact on British residents living in the EU.  In this article from Blevins Franks they look at the implications for British citizens who...

transfers

Ums, Ahhs, Buts And Maybes…. Are QROPS Transfers Dead!?!?

Over the last 14 years we have seen many reforms in the pensions industry some for better, some for worse. One thing that does stand out is the human nature of wanting something we cannot have which exists in our everyday lives. Making difficult decisions in a timely manner has always been uneasy for us...

Starting a business in the EU

Things To Consider When Starting A Business In The EU

With a wide range of distinct governments bound together by mutually-beneficial agreements, the EU presents some interesting business opportunities for investors and entrepreneurs. If you’re considering starting a business in the EU, though, you need to be prepared to do some research and confirm that it’s the right move — particularly if you’re currently based...