Expat Financial Advice News & Insights

Since its establishment in 2012, the Portugal Golden Visa has stood out as a prominent residency-by-investment program in Europe, designed to stimulate foreign investment. For many, however, understanding the updated Portugal Golden Visa scheme, which has seen significant shifts in recent months, can be rather headache-inducing. The program offers non-EU investors the chance to gain […]

Here are some of the best things about living in Portugal, with its stunning landscapes, vibrant culture, and welcoming atmosphere, has emerged as a top destination for expats from the US and UK seeking a change of scenery and a taste of the laid-back Mediterranean lifestyle. Living in Portugal offers a unique blend of modern […]

Making contingency plans for the unexpected is an essential part of wealth management. However, this aspect of financial planning should not be confined simply to strategising for the possibility of inflation, volatility, currency exchange movement and other macro factors; it should also account for personal factors. For example, how might your circumstances and goals change over time and are your retirement financial plans flexible enough to respond to these changes?

Examples of changes in personal circumstance include long-term care and medical costs, or large one-off capital expenses. And another important question, albeit loaded, is that of divorce.

There is good reason to address this question; 2017 data from the Office for National Statistics reveals that despite overall divorce rates for opposite-sex couples being at their lowest level since 1973, divorce among older people is actually rising.*

Italy has long been a top destination for anyone seeking a charmed life. A combination of rich culture and stunning landscapes have always made settling in Italy an attractive prospect, but the allure of Bel Paese has peaked in recent years. The appeal lies in the country’s flat tax regime, an increasingly strong magnet for […]

As globalisation continues to reshape our lives, the allure of living and working abroad has grown more vital than ever. Each year, thousands of people consider moving overseas, driven by the pursuit of new opportunities, adventures, and lifestyle changes. Navigating the complexities of such a significant life decision is crucial. The Expat Insider 2024 report […]

At time of writing, Brexit ‘negotiations’ are ongoing with a matter of weeks remaining before the UK’s exit from the European Union. All UK firms operating in the EU will be impacted and that includes those providing financial services also.

So how does this affect Cyprus residents and your relationship with financial services providers in the UK?

Assuming the UK leaves the EU without a withdrawal agreement by 29th March then UK financial advisers will be unable to service their clients who are resident in Cyprus and all other member states outwith the UK. This is because UK firms have previously been able to ‘passport’ their services across the EU. If there is no deal then such passports will effectively be torn up.

The Cayman Islands or “Cayman” consists of three islands; Grand Cayman, Little Cayman and Cayman Brac.  They remained mostly uninhabited until the 17th century.  The earliest settlors consisted of pirates, refugees, “lost at sea” sailors and migrants from other neighboring islands.  In 1670, England gained control of the islands which remains a British Overseas Territory to this day.

Recent developments in France’s immigration policy could bring significant changes for British second-home owners in the country. Read our guide here about the new automatic Visa plan in France and new rules for second home owners in France. A new law, part of a broader immigration bill, has been proposed and is currently under review, […]