Did you know that that once you are married, any Will that you or your new spouse have in place will automatically be revoked?
A death folder is a proven way for expats to organise their affairs so as to avoid exposing loved ones to unnecessary additional stress in the event of sudden death.
What is a SIPP? A Self-Invested Personal Pension (SIPP) can be a low cost, flexible and straightforward way to save for your retirement. It allows you to take control of how your pension funds are managed by providing access to a wide range of different investments, including: Shares of individual companiesUnit trustsOpen-ended investment companiesInvestment trustsExchange … Continue reading What is an international SIPP?
Super low interest rates have encouraged savers to look for better returns. Unfortunately, this has led to many falling for "clone firm" scams.
Have you completed a beneficiary nomination form indicating who you want to have the proceeds of your pensions and life insurances in the event of your death? Find out why I recommend that all clients do so.
When you invest in a globally diversified portfolio, you are harnessing the profits from thousands of companies around the world.
Studies show that expat divorce rates are much higher than average. In addition, while divorce is complex at the best of times, for expats it can be even more challenging. For example, there is the matter of where to get divorced. In the country of residence or the home country? What happens if the 2 … Continue reading How to mitigate the financial impact of divorce
The formal definition of domicile is “the country that a person treats as their permanent home, or lives in and has a substantial connection with." However, domicile and residence are not the same. It is entirely possible to have lived in the same country for many years, even decades, and consider it your “home”, but … Continue reading I’m resident overseas, but where am I domiciled?
If you or your employer have contributed to a UK pension while you have been working overseas, then you may be eligible for an enhancement which could cut the amount of tax that you have to pay when you start drawing your pension. It is known as the "non-residence enhancement factor" and it reduces the … Continue reading What is the Non-Residence Enhancement Factor and how does it work?
How does inheritance tax work? A guide to the basics of IHT for UK expats.