When you are working abroad, it is important to remember to plan for your future. While you may be focused on your career and enjoying your new life, it is essential to think about what will happen down the road. Will you stay in the country indefinitely? Do you want to eventually return home? What will happen to your pension and benefits? I ...
Are you a UK national living in an EU country such as France, Spain, Portugal, Cyprus or Malta? Or are you currently UK resident but planning to move to one of these countries in the next year or so? If the answer to either of these is yes, you should read this article from Jason Porter of Blevins Franks. Written by Jason Porter of Blevins Franks As part of the E ...
Many Britons have been putting their retirement plans to sunny southern Europe on hold for two or more years while the UK extracts itself from the EU. Covid lockdowns mean the opportunities to sell a UK home and buy a property in Europe have been limited. The ending of travel restrictions will release pent-up demand for homes in the sun. Those relying on UK pension income need to know ho ...
Whether you’ve already moved to Spain, or you plan to retire there, it is important to have a good understanding of your pension portfolio. It is likely that your UK pensions are the major contributor for your income in retirement. Therefore, it is important to have a good understanding to ensure they last as long as you do. Written exclusively for Expat Network by Jaso ...
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 regarding the matter. In Spain many expats are in two minds on various issue ...
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 part of the Brexit deal. For more than 20 years, EU trade in financial services has gradually extended, as th ...
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 part of the Brexit deal. For more than 20 years, EU trade in financial services has gradually extended, as ...
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 remain legally settled in the EU and have been using a UK-based adviser. Published with the permission of Ble ...
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 and although we know the right decision, the time taken has meant we have lost some of our opti ...
As an expat you are often in your best-earning years while overseas, so you need to make sure you are saving and investing tax-efficiently and getting good advice from people who understand your residence and tax situation. Here are some issues to consider. Residence Residence is a key issue when determining whether you are liable to tax in a country. The rules vary from country to countr ...
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