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Living in the US and investing in the UK

Living in the US and investing in the UK

“I have just inherited some money in the UK and I would like to know what my investment options are?” “I have just sold my property in the UK and I would like to create an investment plan for the money that works both whilst I live in the US but also if I return to...

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Passive Foreign Investment Companies (PFICs)

Passive Foreign Investment Companies (PFICs)

What is a PFIC? A foreign corporation will qualify as a PFIC if 75 percent or more of the foreign (i.e. non-US) corporations’ gross income were passive income. Passive income includes interest, dividends, rents and royalties. In addition, under the asset test, a...

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Nortel Networks UK Pension Plan

Nortel Networks UK Pension Plan

We have recently received several enquiries from deferred members of the Nortel Networks UK Pension Plan who now live in the USA or Canada. These members have found it difficult to access appropriately regulated and authorised financial advice from a UK based adviser...

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Financial Planning for expats – Part Two

Financial Planning for expats – Part Two

In the second part of our article, ‘Financial Planning for Expats’, we look at the various tax wrappers available and whether the income is taxable in another country. We also consider an area that is often overlooked by people moving overseas, that of estate planning...

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Financial Planning for Expats – Part One

Financial Planning for Expats – Part One

You’re thinking of making the momentous step to move abroad. There will be many issues to consider, particularly regarding your finances. In Part One of this article, ‘Financial Planning for Expats’, we’ll be focusing on location and currency risk mitigation. Keep a...

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Cross Border Financial Planning in the Telegraph

Cross Border Financial Planning's Edward Cole discussing in the Telegraph, the financial implications of retiring in Australia. https://www.telegraph.co.uk/pensions-retirement/financial-planning/retiring-australia-lowdown-tax-property-get-tax-free-pension/

Flexi-Access Drawdown Pensions for Non-UK residents

Accessing money from your UK pension as a non-UK resident can be challenging. Annuities (guaranteed income payments for a fixed period of time or for life) are very difficult to find for Non-UK residents, which makes income drawdown a popular choice. Before delving...

Expat Investment Problems – What you think you are getting is not what you get…

For many years I have been advising globally mobile people and their families and there has always been an issue that regularly arises.  Non-UK based Financial advisers selling commission-based investment and pensions products to expats. It is often the case that...

What are the differences between a Personal Pension and Self Investment Personal Pension (SIPP)?

When it comes to managing your UK pensions and preparing them for retirement, especially when you live outside of the UK or you are a US connected individual, care needs to be taken. You will have to deal with a lack of providers willing to help you, currency risk and...

ISA planning when you are a US connected individual

‘I didn’t realise the tax problems that my Stocks and Shares ISA in the UK would cause me. Should I get rid of it and what are my options?’   Stocks and Shares ISA’s are a tax efficient way to invest for a UK citizen living in the UK. However, for an American expat in...

Tax efficient Investing for American expats in the UK

For an American expatriate in the UK, a UK pension can provide a solution to meet the tricky objective of tax efficient investing. For a British expat in America, you can find out more about the UK pension planning opportunities here...

Defined Benefit Pensions – A good place to start if you are considering transferring out of one

We have prepared the following video as a starting place that covers the main issues encountered when considering transferring out of a Defined Benefit / Final Salary pension. https://cashcalc.co.uk/triage/rey1xWtDu9BPGDac5qWQ2oY Please feel free to contact us should...

UK Pension Planning for British Expats in America

When the British Government are conjuring up ideas of how to raise extra revenue, you can bet that pensions will be somewhere in the top one of that list. Pension legislation was never simple to start with but ironically this makes it more appealing for the chancellor...

Royal London Talisman Personal Pension Plan

Royal London has recently written to its customers to gauge interest in a bonus scheme for pension transfers out of its guaranteed annuity products. They plan to offer those clients with Guaranteed Annuity Rates an opportunity to exchange the benefit for an enhanced...

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