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 […]

No American QROPS – You can still transfer UK Pensions

No American QROPS – You can still transfer UK Pensions

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 […]

Moving to Oman

Why Oman? Healthcare, Jobs, Lifestyle, Schools.

What you need to know about moving to Oman… For many Moving to Oman is not the first thing that springs to mind when thinking about moving abroad. But with a strong, and growing, infrastructure, job opportunities, cheap (and luxury) accommodation and good health care and schools, Oman could be the perfect destination for you […]

exchange rate

getting the best exchange value for sterling

If you are a British expat and you have money regularly paid into your UK bank, you will probably need to transfer it to your country of residence and have it converted into whatever the local currency is. So, if for example, you are living in Spain, then in order to spend your transferred money, […]

pension sipp

Pension Transfer Values

pension transfer values Lump sum or regular income… what’s your best option? With previous employers offering huge pension transfer values and schemes being more flexible than you thought. What is your best option as you enter into, or continue your retirement. Defined benefit scheme As many at 5 million people have built significant pensions through […]

export

Looking to export? You may need to spend time living abroad

There’s thousands of opportunities out there, it’s your job to find them and conquer them. UK business owners are currently going through a period of great uncertainty. With the economy going through something of a rough patch, and Brexit ambiguity a constant shadow hovering above us, many businesses are more concerned with staying afloat than […]

setting up business abroad

Succeeding in business abroad

Want to set-up overseas? Here’s our business abroad checklist… While many British citizens become expats in order to enjoy their retirement abroad, others leave the UK for more entrepreneurial reasons. Some expats yearn to start their own businesses abroad, thereby generating money that they can use to enjoy their new countries. If you’re one of […]

Thrill seeking Nice

Nice: the perfect base for adrenaline junkies

Adrenaline Junkie? Here’s your guide to thrill seeking in the South of France. When you think about Nice, thrill seeking might not spring immediately to mind. But with the ski resorts of Isola, Valberg and Auron just a stone’s throw away by car or bus, there’s plenty for adrenaline junkies to enjoy at any time […]