Unfortunately, HMRC has so far failed to provide any useful clarity on the issue, saying only that, “The Prime Minister has announced that foreign buyers looking to buy homes in the UK will face a higher stamp duty rate. We will consult on the details in due course.”
Returning expats should be prepared and seek reliable international financial advice to guide them through the process of reintegrating to the UK. If a British citizen is planning to return to the UK, expat financial advisers can help them with strategies to reaffirm their ties to the UK in plenty of time so that they can avoid any unnecessary costs, taxes or indeed surcharges.
Blacktower Financial Management
Whether you are looking to move abroad, are preparing to stay abroad or are considering returning to the UK, Blacktower Financial Management can help you plan and structure your wealth and build for your retirement.
Our expat financial advisers in the Netherlands, Germany France and 12 other European offices understand the complex cross-border tax and financial issues that affect you and your money. And, because they are bilingual and locally-based, they can help you achieve the goals that are unique to your situation and location. For further information contact us today.
The Nuffield Trust has recently unveiled some worrying predictions regarding what tens of thousands of expats returning to the UK for healthcare following Brexit could mean for the NHS.
Despite several obstacles on the way, global equities resumed their uptrend on the 1st Quarter of 2021. Many of these were discussed throughout the first 3 months of 2021 and many of the tops were called for the major stock indices; however, we saw the S&P500, the Dow Jones and the German Dax registering fresh new All-Time Highs during this period.