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...

What are today’s options for expats with UK pensions moving to Portugal? When it comes to pensions, your long-term financial security is at stake, so you should take extreme care to do what is right for you and your family. Expats also need to consider the tax rules and implications in Portugal or your country...

France has a reputation as a high tax jurisdiction and while President Hollande was in power, some wealthy French nationals chose to move to the UK and Portugal, enticed by their fiscal sweeteners. But France can be a tax efficient place to live for retirees, providing you understand the tax implications of your specific situation...

The HSBC Expat Explorer survey provides insights each year into expat life around the world and highlights the locations that expats love.  Overall expats are very positive about the experience and there are lifestyle as well as financial benefits. Financial The economic drivers for moving abroad are highlighted with expats globally having an average gross personal...

People buy property abroad for many reasons. You may be moving abroad to enjoy a new lifestyle, as part of your retirement planning, as a second home to enjoy for part of the year or simply as an investment. Whatever the motivation you need to be sure you consider your options carefully and understand the...

What are the top ten places to retire to internationally? International Living Magazine has published its Annual Global Retirement Index, identifying the best places to retire in the world. They have looked at a wide range of criteria including the ease and cost of buying or renting property, the visa and residence options available, the cost of...

Malta has a British feel, and so attracts UK retires who want something familiar – but with sunny Mediterranean living. Pensions might go further on this island too. ‘Retiring to Europe’, a new website and book, explores in depth the attractions of Malta. The following are brief extracts. Understanding where you are tax resident is...

Portugal and the UK have had close links for centuries and in recent years Portugal has become a popular retirement place for Britons. As a new website and book – ‘Retiring To Europe’ – explains in depth, there may be tax advantages in moving there. The following are brief extracts. There are many issues that...

A new book, Retiring to Europe, with accompanying website, provides important information for those considering retiring to France, including personal finance and pensions issues, healthcare and affordability. The following are brief extracts. France has a reputation as a high tax jurisdiction. But France can be a tax-efficient place to live for retirees, providing you understand the...

Historically, in countries where there is no tax-driven, government-approved pension savings framework (most countries in the Middle East and Africa for example) expat workers have relied on ‘international pension plans’; in reality a marketing name for what is essentially a long term savings plan. By Paul Beard For a long time these were the only...

Many people on the verge of retirement see a change of scenery abroad as the perfect life move, when relaxation and indulgence take over following long careers that may have spanned over 40 years. While retirement options differ from person to person, the general consensus is that ending your working commitments and retiring abroad is...

I am a Canadian non-resident in the Czech Republic. I plan to return to Canada in two years’ time to finish working and eventually retire. I filed a T1 General form for 2015 as I had a small amount of interest income from a bank account I hold in Canada. Must I always report interest...