However, money is not the only consideration for expats. Switzerland may have topped the expat income charts, but ‘economics’, ‘experience’ and ‘family life’ were factored into the equation it was placed behind Singapore, New Zealand, Germany, Canada, Australia, Bahrain and Sweden.
Sweden’s appearance on the list is no surprise. For expats in Sweden, wealth management options are just one of the country’s many draws; it is also one of the leading places in the world for gender equality and came in at first place in terms of the opportunities for family life.
The study revealed that, globally, women still face more professional and wealth management challenges than men. Although becoming an expat increases a woman’s income by nearly 30 per cent, the income of expat women was still lower than their male counterparts by around USD42,000. However, in Sweden, this expat wealth management gender disparity was not so marked.
Blacktower expat wealth management
Blacktower is an established wealth manager and has been serving the needs of its clients for more than three decades. We have a detailed understanding of all the country-specific and cross-border tax and asset issues that affect you. For more information about wealth management in Sweden and or any of our other locations contact us today.
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.
Still wondering whether to leave your pension in the UK, or move it so that you benefit tax wise as an ex-pat? Here´s the latest update on what´s happening in the pensions world.
Since the Pensions Freedom Act came into force in the UK, in April 2015, there has been a huge outflow of money from defined benefit pension schemes and personal pensions in the UK. Many people have taken advantage of the new flexibilities by having control of their own pension pots.