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Brexit would prompt need for expat financial advice

Expats “currently enjoy a range of specific rights to live, to work and access to pensions, health care and public services that are only guaranteed because of EU law. There would be no requirement under EU law for these rights to be maintained if the UK left the EU,” stated the government report.

“If the UK were to leave the EU then the UK government would need to disentangle the regulatory framework from EU law for the financial sector. Regardless of the exit negotiations outcome this would be a large and complex task,” it added.

As it stands, EU law accounts for most of Britain’s legislative framework, with many laws transposed from EU directives – this means that that should the “No” vote win in June, the need for sound and promptly delivered expat financial advice may be greater than ever before.

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.

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Blacktower sponsored NORCECA beach volleyball tournament

Blacktower’s Regional Manager for Cayman Brandon S Ure was lucky enough to attend the 2016 NORCECA (the North, Central America and Caribbean Volleyball Confederation) Beach Volleyball Tournament at Grand Cayman’s beautiful seven mile public beach. The event – of which Blacktower Financial Management was a sponsors – involved 15 countries in male and female divisions; teams from Belize, Canada, Costa Rica, Curacao, El Salvador, Guadeloupe, Honduras, Jamaica, Mexico, Nicaragua, St. Kitts, Trinadad and Tobago, USA and the Virgin Islands all competed. 

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The safest European cities

Windmill in the NetherlandsWhat would you look for when choosing a destination to move to abroad? A sea-side location with warm weather all year round, lots of culture and opportunity for adventure, perhaps? Or a place with a great economy and plenty of career prospects?

We guess there’s one key issue for almost all expats, though, and particularly for those moving abroad with young families, and that would be safety. Large cities can sometimes be dangerous places, so it’s good to know which have robust security and protection systems in place.

Luckily, The Economist Intelligence Unit has made it very easy to determine the risks by compiling a comprehensive study entitled the Safe Cities Index.

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