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Expats can stay strong in face of Brexit

However, these are the salient points to keep in mind:

  • Blacktower’s clients should be reassured that for now they retain the same residency status and healthcare benefits as they did prior to the Brexit vote.
  • Tax treaties, investments and financial arrangements are not dependent on the EU but on both individual wealth management firms and individual member states, Blacktower’s members should feel confident in moving towards the future.
  • Blacktower is in a strong position to take advantage of any volatility in the market and expects to be able to benefit from any opportunities which present themselves, such as the ability to make favourable purchases of high quality companies with solid dividends.
  • Blacktower operates right across the EU, including France, Spain, Italy, the Netherlands, Portugal, the Canary Islands, Gibraltar, Grand Cayman as well as the UK. In the short to medium term our wealth management services and financial advice will not be affected by the Brexit vote and we look forward to serving the needs of our clients whatever the future may hold.

For contact details and to arrange to speak to your local IFA please see our country by country location pages. To fill in a contact form, please click here.

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.

Other News

Pre-move Spanish wealth management

Spanish FlagMore than four in ten retired British expats choose to live in Spain. This could be for various reasons, including Spain’s financial opportunities, family tradition, historical ties between the two countries, and, of course, the Spanish culture and climate.

However, it is little use making the most of Spain’s wealth management opportunities if your UK-based financial situation is not organised before making the move.

For example, nowadays the UK has various regulations and agreements in place with the European Union which mean that unless you pay off, or legally attend to, your UK debts before moving you could be served with a European Enforcement Order (EEO) – hardly the welcome card expats want when taking up residence in their new Spanish address.

Read More

Food for expat thought: Takeaway anyone?

Fish and ChipsWhat do you miss most as an expat?

Of course, there will be no shortage of new experiences available to you in your expat environment, especially if you are moving overseas to retire, but sometimes, it’s the smallest things that might bring a lump to your throat…or a rumble to your stomach, maybe.

Perhaps this was the case for one group of British expats who chartered a plane to fly in a large delivery from their favourite curry house in Portsmouth.

James Emery, an aviation assessor for trainee pilots in France, piloted the small aircraft which flew 89 meals from Solent Airport all the way to Bordeaux.

“I’m a chilli addict, “he said, “and an aviation geek, so I thought I would combine my two hobbies to get my favourite meal to me in France.”

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