British Pensioners Could Face £10bn Being Wiped From Pension Pots
According to an analysis conducted by financial advisory consultancy, Hoxton Capital Management, the average pension pot of over-65 Britons living abroad has reached £210,000. In volatile years, they report, currency market fluctuations removed as much as 20% from British pensioners’ spending power. Based on the amount of British citizens aged 65 and over living in...
Fall In Number Of Britons Sent To Work Abroad
A study has found that there has been a big drop in the number of British people being sent on international assignment for work. The UK has been revealed as the third most popular location in the world for international work, behind only USA and China, according to new research by Santa Fe Relocation. The...
1.6 Million Britons Go Expat In A Decade
Since 2006, emigration from Britain is estimated to have reached 1.65 million. But the number of Britons moving abroad has slowed down over the past decade. Between 2006 and 2011, the number of Britons leaving the country averaged 162,667 a year, according to latest research from Lloyds Private Banking. Since 2012, this average has dropped...
Criminal Record Could Mean Expat Travel Ban
Research by Direct Line Travel Insurance reveals millions of Britons could be setting themselves up for rejection by attempting to enter foreign countries without properly disclosing their prior criminal convictions. Criminal offences which could mean potential expats are refused entry are referred to as ‘moral turpitude’ by US border officials and usually include crimes that...
Do You Need An Offshore Bank Account?
The answer is, you may not. But Iain Yule reckons that most British expats will at some stage, if not throughout their time abroad, find offshore banking useful in a number of ways. First and foremost is the potentially huge tax saving you can make by placing your savings offshore. To take the example of...
Britons Still Favour French Property
UK buyers are the most important group of non-resident investors in France, accounting for 34 per cent of all transactions in 2015, up 44 per cent on 2014. The figures come from a survey by the Notaires de France, BNP and Rightmove, the UK property portal. The combined effects of sterling strength and euro weakness...
New Zealand Continues To Attract Britons
New Zealand has voted, following a national referendum, to keep its current flag, which features the British Union Jack alongside the Southern Cross star constellation. It is also attracting record numbers of migrants. Britain has a rich history with New Zealand. People, commerce and ideas have flowed between the two countries for many generations. The first...
Well-Off Britons Want To Retire Overseas
Recent research has found that a majority of wealthy Britons plan to spend most of their retirement overseas, with 8% emigrating Read more
Taxed On UK Mortgage Payments From Abroad?
I am planning to work in Qatar but want to carry on paying my UK mortgage and sending money to my family. Will this be subject to UK taxation? You should be in the clear as far as UK tax is concerned. Dean Power of The Fry Group says that the amount you send back...