Advice Articles

Expat financial advice from the experts

Canadian QROPS

No Canadian QROPS – you can still transfer UK Pensions

Did you know that HMRC has cut all Canadian QROPS? In February 2017 Her Majestys Revenue and Customs (HMRC) decided to cut all Canadian QROPS / ROPS (Qualified/ Recognised Overseas Pensions Schemes) from the ROPS list. The reasons being that Canadian retirement plans allow for the holder to use their pension as collateral when buying a […]

Evonik Industries pension

Evonik Industries Pension Scheme?

Do you hold an Evonik Industries Pension? The Evonik Industries pension scheme currently has the 6th largest pension deficit throughout the world.  According to MSCI’s research, which examined the pension funding status of 5,300 companies. Evonik Industries has a 32.5% gap between its pension obligations and the resources set aside to fund them. If you […]

NT (Nil Tax) code

How to apply for your NT (Nil Tax) code?

 Applying for an NT (Nil Tax) code? If you’re a British national living outside of the Uk, looking to drawdown an income or currently drawing down an income from a UK pension scheme, then applying for an NT (Nil Tax) code will be of great importance. An NT code means you won’t pay tax on the […]

expat tax in spain

Expat Tax in Spain

With Spain being one of the top destinations for expats, have you considered the tax implications that are required and, how sufficient wealth advice can help? Under the current rules, you are liable for tax in Spain on worldwide assets if you are here for 183 days or more. This still applies even if you […]

delisted QROPS Hong Kong

Delisted QROPS Hong Kong

As of April 2017, there were 23 listed QROP’s in Hong Kong. One delisted straight away and a further 2 delisted in October. All remaining 19 Hong Kong-based QROPS have been delisted by HMRC and are no longer included in the authority’s list of approved schemes. As is usual, HMRC has given no reason for […]

retire in Norway

Retire in Norway- The Expat Guide.

You’re coming up to retirement, or perhaps you’ve already been enjoying it for some years, but what now? What do you do when suddenly your life becomes free time? When you can start living the work free life you’ve dreamed off? You retire in Norway! The InterNations Expat Insider report of 2016 saw Norway excelling […]

British expats in Thailand

British Expats in Thailand – The Expat Guide.

Expats in Thailand You’ve spent your working life building and growing your pension pot. All those hours worked to support your family and your future should not be threatened by the insecurity of the British economy in these changing times. But what can you do? It’s time to fulfil your dreams of retiring abroad… and […]

Friends provident international reserve bond

Friends Provident International Reserve Bond

Do you hold a Friends Provident International Reserve Bond? The FPI reserve Bond rightfully has one of the worst reputations around. Incredibly expensive, it was sold for years by financial advisers who were being paid out huge commissions in the process. As a result, the cost of the charges far outweigh the supposed tax benefits. Especially […]

retire early

Retire early – The Expat Guide

Retire Early… Most people spend 40 years of their lives working towards it, but how many people genuinely spend 40 years planning for it? (On average) The 40 year working life of an adult provides for the purchase of a house, the education of children, and the luxuries that you can bestow on your nearest and dearest […]

Transfer my Dutch pension

Transfer my Dutch pension

The Netherlands is frequently recognised as having one of the world’s top ranking pension systems by the Melbourne Mercer Global Pension Index. This high ranking is thanks to the diversity of the Dutch pension system’s funding sources, its accuracy in measuring costs and contributions to ensure fair distribution, and its strong regulation by the Dutch […]