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Brexit – In or Out

There is a lot of scaremongering going on at the moment and even more unanswered questions on how a Brexit will affect expatriates in Europe, of which some 800,000 currently live in Spain. Be it in relation to healthcare entitlements, pensions, employment or the basic question of whether expatriates still have the automatic right to live within the EU. I am sure over the next few months this will become clearer to all.

Is in or out the right way to go? Like everything in life, everyone has their own opinions and only time will tell if the final decision was ultimately the right one. If you want your voice heard and your opinion to matter, and have lived outside the UK for less than 15 years, then you need to register to vote at https://www.gov.uk/register-to-vote.

With all this uncertainty making the money and stock markets even more volatile, as well as the Bank of England and the ECB talking of cutting interest rates further or even making them negative, now is the time to make sure your financial affairs are in order, working for you in the best possible way and that they are in the right place for you no matter what life throws at you.

Blacktower Financial Management has been established for 30 years and has worked with clients through the good and the bad times, offering sound advice and helping clients make the best decisions for their needs. 

At Blacktower Financial Management we pride ourselves on being totally independent; we offer products that can suit all needs, be it a product that can to a certain extent smooth out volatility and offer consistent returns or a product that can mitigate inheritance liabilities. For those of you interested in wealth preservation we work with one of the oldest and most respected Swiss Banks, Lombard Odier, who specialise in helping high net worth individuals manage their wealth. We believe everyone should have a choice.

This communication is for informational purposes only and is not intended to constitute, and should not be construed as, investment advice, investment recommendations or investment research. You should seek advice from a professional adviser before embarking on any financial planning activity. Whilst every effort has been made to ensure the information contained in this communication is correct, we are not responsible for any errors or omissions.

Other News

European Union PEPPs to go Before Parliament

European Parliament, StrasbourgAccording to reports emanating from Bulgaria, expat pension choices may be about to become broader and more accessible with the likely introduction of the European Union PEPP.

PEPPs – Pan European Pension Products – are understood to be at the draft stage, with regulations set to be examined by European Parliament for possible approval.

The development of PEPPs has come about as a result of a perceived need to give people greater choice when it comes to planning their retirement pensions, particularly given that there is not equality of options for retirement savers across the continent. It may also help address the fact that, according to the EU, only 20% of workers between the ages of 25 and 59 make regular pension contributions.

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Portugal set to receive record amount of foreign investment in 2022

As Portugal has been creeping up the ranks to become the most popular destination in Europe for US expats, it has also been attracting a record amount of foreign investment, with the US leading the way as the main contributor. 2021 was a fantastic year for Portugal in terms of investment; there were over 200 […]

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