Financial Advice for expats in Portugal

Posted on 1st August 2019 in Advice

Moving abroad? Consider Portugal. So, other than a high quality health system, easy accessibility to the rest of the world and 3300 hours of sunshine a year! What other reason do expats in Portugal have for the move? How about the Portuguese Non-Habitual Tax Resident scheme (NHR)? What is NHR? The NHR is a Portuguese tax regime […]

No American QROPS – You can still transfer UK Pensions

Posted on 31st August 2018 in Advice

Are you aware that HMRC has cut all American QROPS? From the 9th March 2017, the Chancellor of the Exchequer announced in his annual budget the introduction of an Overseas Transfer Charge (OTC). The OTC is, in essence, a 25% tax on any pension transfer to a QROPS for those that reside outside of the EEA […]

Expat Inheritance Tax

Posted on 16th October 2017 in Advice

As an expatriate have you considered the Inheritance tax liabilities from your estate that will be left to the beneficiaries? Do you need to look at ways to reduce this and have effective control over the tax liabilities? Many expats now living abroad, still find themselves as UK domicile on the event of death. What […]

Taking your pension abroad – the difference between QROPS and SIPP pensions

Posted on 6th September 2017 in Advice

Retiring abroad? What is the difference between QROPS and SIPP? Does a warmer climate, lower tax and a relaxed lifestyle get you dreaming of life abroad? These dreams are undoubtedly achievable, but often start to fade when you have to work around moving your pension abroad. But there’s no need to stress. With various different […]

Retiring abroad? What happens to assets when you’re gone?

Posted on 11th August 2017 in Advice

You can’t take it with you, so what happens to your assets once you’ve passed? There are a lot of great reasons to move to your dream location when you retire, to enjoy the quality of life you have earned. However, there are a few things you need to keep in mind to avoid problems […]

Investing in Property in the UK from your (Guernsey QNUPS) pension

Posted on 13th July 2017 in Advice

What is a Guernsey QNUPS? In simple terms a QNUPS (Qualifying Non UK Pension Scheme) is a qualifying non UK pension scheme that is UK tax recognised. They are established primarily to secure additional pension income for a individual upon retirement. The UK Property Marketplace After a fairly tumultuous period there is still great interest […]

How will my family be affected by UK Inheritance Tax?

Posted on 9th January 2017 in UK Inheritance Tax

Many UK expats are unaware that their estate could be liable to UK Inheritance Tax (IHT). Over many years of dealing with expats it comes a massive shock that the HMRC will seek out a large chunk of their estate on their death. In this article, I will concentrate on Spain as this is where […]