Hosted by Brigitte Rupp, our Financial Adviser for France, there was an art exhibition of selected contemporary works provided by Galerie Oscar and some great talks. David Miller, from Quilter Cheviot, discussed Investing in 2016; Andy McKay, from IDAD, spoke about Securing Growth in all Market Conditions; and Tony van Vuuren, of Acces International, gave a talk on Monaco, the Ultimate Tax Haven. The BFMI Director, Paul Brown, gave a brief overview of The Blacktower Group services available.
News & Insights
Cocktail, art & forum events in Antibes & Monaco
As we hurtle towards the EU referendum and are being deluged with information about the whys and wherefores of Brexit or Bremain, Blacktower takes a look at what matters to us: the UK expats whose futures, whatever the outcome of the vote, are very much determined by the quality of their expat financial advice.
Just how many British expats are there in Europe?
Well, data published by the Office of National Statistics shows – although not completely reliably, we feel – that there are around 1.2 million British expats within the EU (some estimates put this figure as high as 2 million).
The vast majority of these live in tried, tested and sun-drenched destinations such as Spain and France. But before you start thinking that expats just move away purely in search of a sunnier climate, think again; the third most popular destination is Ireland (150 days of rainfall a year compared to the UK’s 133).
It’s not hard to see why Portugal is such a desirable destination for people wishing to move overseas in their retirement. The warm climate, reasonable living costs, and tax benefits for retirees mean it’s regularly voted as a top global place in which to live out one’s later years.
It is often said that retirement is the best time to pick up a hobby, and different destinations offer different opportunities for leisure. When it comes to sport, Portugal has a very specific reputation – it’s a golfer’s paradise!