expat financial advice

What Happens to My UK State Pension if I Retire Abroad?

If you are planning to retire overseas, you are probably also wondering what will happen to your UK State Pension. The good news is that you can still receive your UK State Pension even if you live outside the UK. However, there are a few important details you will need to know to make the most of your retirement income. Here’s everything you need to know about how your UK State Pension works if you retire abroad. …

Top 10 Mistakes British Expats Make with Their Finances

Expat money mistakes Moving abroad as a British expat can be a life-changing adventure, but it also comes with unique financial challenges. Many make costly mistakes that could have been avoided with proper planning and advice. Here are the top 10 financial mistakes British expats often make — and how to avoid them. 1. Failing to Plan for Currency Exchange Risks When you’re earning in one currency and spending in another, exchange rate fluctuations can have a significant…

What Is Specialist Expat Financial Advice and Why Do You Need It?

Specialist Expat Financial Advice Living abroad can be an exciting adventure. But when it comes to managing your finances as an expat, things can quickly become complex. Different tax rules, exchange rates, and regulations can make it difficult to know if you’re making the right financial decisions. For instance, expats often face challenges like double taxation, where the same income is taxed in both the UK and their country of residence, or currency loss due to unfavourable exchange rate…

Expat Financial Advice in 2025: 10 Essential Tips for the New Year

The start of a new year is the perfect time to take stock of your financial goals and set yourself up for success in 2025. Whether you’re already living overseas or planning your move, these resolutions are tailored to UK expats looking to make the most of their finances. By following these steps, you can not only safeguard your wealth but also enjoy peace of mind knowing your finances are on the right track. 1. Review Your Pension…

How do financial advisers get paid?

Navigating financial advice can be complex, especially for British expats living and working abroad. Ensuring your hard-earned money is working for you, planning for retirement, managing cross-border investments, and understanding tax implications across different jurisdictions can be daunting.

Expat financial advice: Why should I have a 6 month emergency fund?

Whenever I speak to clients about investing, I always talk about having an emergency fund equivalent to 6 months of expenses first. Sometimes life can present you with a situation where you need quick access to money and without a financial safety net it can threaten your financial well-being and cause a great deal of stress.

Expat Financial Advice: How do I manage currency risk?

When we live back in our home country, managing currencies is all pretty straightforward. We are paid in our home currency, we pay your bills in our home currency, and most of our investments are likely in our home currency. In this case, we generally have very little currency risk. The problem we have as expats, however, is that we have too many choices.

Expat Financial Advice: What is a Property Trust Will?

A property trust will (also known as a property protection trust, an asset protection trust, a family protection trust or a property preservation trust) keeps your home safe for your loved ones after you die. It does this by placing your share of the property in a trust, so that the people you want to benefit from it can – but without owning it. With a property trust will, your spouse can still live in the home you share after…