News & Insights

On 11 June 2025, Spain, the UK, the EU, and Gibraltar reached a landmark agreement that eliminates the land border checks (“la Verja”) between Spain and Gibraltar, integrating Gibraltar into the Schengen zone for passport-free movement Border controls will instead be carried out at Gibraltar’s airport and port via a dual-check system overseen by Spanish […]

After years of uncertainty, a landmark agreement between Spain, the UK, and the EU has reshaped Gibraltar’s post-Brexit future. For high-net-worth individuals (HNWIs) and retirees considering life in Southern Europe, this deal signals stability, opportunity, and smoother cross-border living in a uniquely international setting. What Was Agreed? Abolition of the Gibraltar-Spain land border (“La Verja”), […]

For the first time, the size and scope of the global high-net-worth (HNW) international life insurance market have been formally identified and quantified, validating industry expectations that this represents a rapidly expanding market with growing global significance. The findings come from a landmark study conducted by NMG Consulting and released by Utmost Group, a leading […]

As we move through 2025, the world of private wealth is entering a period of profound transformation. Political shifts, heightened geopolitical tensions, and the resurgence of protectionist trade policies—most notably the latest round of tariffs imposed by the US—are reshaping the financial landscape for high-net-worth individuals and families. At the same time, advancements in technology, […]

As we approach tax season, it’s crucial to stay on top of upcoming tax deadlines, especially if you’re considering taking advantage of Portugal’s Non-Habitual Resident (NHR) tax regime. The deadline for NHR applications for the 2024 tax year is fast approaching on March 15, 2025. If you’re planning to apply, it’s essential to start the […]

Great news for many seniors in France: the tax allowance for those over 65 is being increased in 2025, meaning lower tax bills for many people when they file their 2024 income tax returns this spring. Here’s everything you need to know about this tax allowance, who qualifies, and how the changes affect your 2024 […]

France has always had a special allure for those seeking a fresh start, whether it’s the charm of Parisian cafés, the warmth of the French Riviera, or the peaceful countryside. But who’s still making the leap across the Channel or the Atlantic and France these days? Recent figures suggest a surprising trend: Americans are moving […]

As Portugal continues to attract high-net-worth individuals (HNWIs) from around the globe, it’s evident that the country’s reputation as a haven for the wealthy is stronger than ever. Recently named Algarve Business of the Year, Blacktower Financial Management is positioned to guide individuals looking to make Portugal their new home or optimise their financial arrangements […]