Expat Financial Advice News & Insights

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, […]

The landscape of work has been transformed, with more British professionals considering Spain as their preferred destination for remote work. It’s easy to see the appeal of remote working in Spain, particularly in the depths of a British winter. Why not jet off to somewhere sunny and bright, where sandy beaches and crystalline waters give […]

Málaga, Spain, renowned for its vibrant culture and scenic beauty, has been named the best city for expatriates in 2023. This coastal city is not just a haven for tourists; it’s an ideal destination for those seeking a permanent change, offering a high quality of life, a warm and welcoming community, and a myriad of […]