The greatest and most prestigious banks and fund houses in the world are represented by Expat Money Guide Group, which offers their best goods and services.
Advice on Expat Investments
Both UK citizens and non-expats can often choose from a wide range of expat investing opportunities. There are many different types of investments made by expats; they can be made onshore or offshore, but because of the tax advantages, expats favor the latter. There are also some problems that prevent people residing outside of the UK from easily accessing certain types of investments. By offering you personalized expat investing advice, Expat Money Guide Group can assist you.
It is in everyone’s best advantage to have a knowledgeable financial and investment consultant on board because expats’ interest in investing has progressively increased over the past few years. It is vital to find someone you can trust and seek objective advise from if you are unsure about your next course of action or decision. Financial consultants at Expat Money Guide Group offer reliable and open financial advice to expats all around the world. Expats typically choose different sorts of the aforementioned products.
Expats and individual savings accounts
Our partners offer safe, convenient, and effective investment solutions, making it easy to decide the perfect choice for many local and international investors. Opening international accounts would be challenging if you are a foreigner especially if you live abroad.
Foreign Investing
Many expats utilize the high street banks in their new country to start saving. This may appear to be wise financial planning, but with interest rates at historic lows, after accounting for inflation and rising living expenses, the purchasing power of these labor-intensive savings is really rapidly declining.
Expats and individual savings accounts
Our partners offer safe, convenient, and effective investment solutions, making it easy to decide the perfect choice for many local and international investors. Opening international accounts would be challenging if you are a foreigner especially if you live abroad.
Offshore bonds, often located in the Isle of Man or Guernsey, would also be easily accessible to you if you are a non-UK resident or expat. In essence, a bond is a type of life insurance that includes a variety of investment funds. It is a tax-effective choice for expats because the bond won’t present a problem for capital gains tax and income tax deferral. This indicates that even if the expat returns to the UK, the investment will rise in value because it will be tax-free. Offshore bonds may still be required to pay withholding tax that cannot be recovered in specific circumstances. The investor’s home nation will determine the tax laws and income distributions from the bond.
Offshore bonds can alternatively be viewed as a return on investment rather than income, with a 5% annual withdrawal limit. When the money is withdrawn, it will be taxed as income in the nation of residency. It is crucial to be aware of all the technical aspects of investment bonds, from the fees to the commissions. Before making any decisions about your offshore investment bond, you must get financial counsel.
For expats wishing to invest money, Expat Money Guide Group offers comprehensive lump sum investments and portfolio management.
Obtain sound expat investment guidance
Any time you are considering making a financial investment, always seek out sound guidance. If you are an expat considering investing, be sure to weigh all of your alternatives before making a choice. To discuss your financial investing needs, get in touch with an Expat Money Guide Group financial advisor right away.