Can UK Taxpayers Escape Inheritance Tax By Moving Overseas?
With the UK government taking in record amounts of inheritance tax (IHT) and associated penalties, how will your domicile affect your tax position? Can you escape inheritance tax and pass on your estate as you wish? Inheritance tax (IHT) receipts by the UK government from April to July 2023 were £2.6 billion – up £200...
The Best Places For Pet Owners To Live In Europe
The UK is a nation of pet lovers. In fact, 77% of households with children are pet owners. For many of us, life without our four-legged friends would be no kind of life at all. So, for those who fancy trying life abroad, where are the best, safest and healthiest cities and countries to move...
Finding The Right International Health Insurance Company For You
Finding the right international health insurance company for you is a challenge. There are so many companies but they do not all offer the same coverage and service. This comprehensive guide and listing of the top international health insurance companies can help you start your research. Review and compare available plans and be sure...
Eight taxing mistakes made by Britons retiring abroad
Britons considering retiring abroad need to give plenty of thought to planning their finances, in order to avoid making costly mistakes. Here are eight important subjects to think about – well in advance of making the move. By Jason Porter, director of specialist expat financial advisory firm Blevins Franks British expatriates need to know when...
The World’s Best Countries For Life-Work Balance In 2023
A new global study has revealed the best nations in the world for life-work balance – would you choose to relocate to readdress your life-work balance? Global employment specialists Remote conducted a worldwide study into life-work balance, assessing the quality of life-work balance across the world. Remote believes the mindset of employees should flip to...
Supreme Court Protects Temporary Residence In Spain, Even If There Are Long-Term Absences From The Country
The Spanish Supreme Court has declared null the article of the Immigration Law that allowed the termination of temporary residence permits when there had been absences from Spain for more than 6 months within a period of 1 year. Written for Expat Network by Mª Eugenia Blasco Rodellar, Immigration Partner, AGM Abogados Without going into...
Watch out for wealth taxes if you are considering a move, perhaps at retirement, to the EU.
Wealth taxes are applied widely in the EU – an annual tax on the value of national or worldwide capital assets. In some countries it applies only to a restricted group of assets, commonly property, whilst in others the scope is much wider. There is speculation that an incoming Labour government in the UK might...
Thinking of moving abroad to escape possible Labour tax rises?
Can you plan your retirement to sunny southern Europe and at the same time avoid some of the widely expected future Labour tax increases? Many sunny European countries have lower tax rates and there are specific financial products which you can invest in to make your move tax efficient. ISAs could be used to shelter...
Ready To Semi-Retire To Spain? New Spanish Digital Nomad Visa
Does the idea of retiring to Spain sound just perfect to you, apart from the fact you are too young to access your pension? Do you think you could do your job from anywhere, as long as you had a desk, laptop and telephone? Then a Spanish ‘Digital Nomad’ Visa might be the answer. The...
Here’s How AI, Robotics & Healthcare Will Converge Over This Decade
Exciting times lie ahead in healthcare technology, and if current trends are anything to go by, we are on the brink of a revolution, as artificial intelligence, robotics and healthcare start to converge. From better patient outcomes and efficient operations, to increased affordability across a wide range of procedures, this holy convergence is set to...
Be sure to screen your financial adviser when heading for the sun.
Dreaming of a place in sunny southern Europe? Take care to find the right financial adviser when planning your move. Brexit means that qualified financial advisers who used to be able to ‘passport’ their services from Britain to the EU cannot now automatically do so. “That is unless they have an operational base with local...
What The Revised EB-5 Rules Mean For Expat Investors?
Since the early-90s, the EB-5 Immigrant Investor Program has been the mode of choice for wealthy individuals and their families the world over to experience the sweet taste of American freedom and prosperity. Early this year, the EB-5 Reform and Integrity Act once again reaffirmed the United State’s commitment to attracting foreign capital, along...