2. When looking towards the future, we should include making plans for our
financial welfare After years of working and saving hard, your retirement
should be an enjoyable time, whether you want to relax or are looking for
adventure Wealth management planning can help us to achieve this and
we should also look into our inheritance plans too We work hard for
ourselves, but we also want to know that our children and loved ones will
be taken care of after we pass
3. It doesn't matter what country you live in, the need for good financial
advice applies to all However, for British expats living in a foreign
country, getting advice from reputable financial advisors is especially
important Moving to a foreign country can bring about all kinds of
changes, many of which can affect your finances Well thought out wealth
management planning is important in order to account for fluctuations
such as currency conversion rates
4. QROPS - Alternative Pension Solutions for Expats It's particularly
important for expats to keep ahead of legislative changes and the tax
laws of their new home country, especially in these turbulent economic
times The internet is a good source of information, but it's no substitute
for the knowledge provided by independent financial advisors who
understand the expat community By using financial advisors with this
experience, you will be sure to get the best advice regarding the specific
laws in place for the country in which you now live One wealth
management option that directly applies to expats is the relatively new
6. QROPS are managed slightly differently depending on where they are
sourced, but generally speaking they can provide many good tax
advantages QROPS give expats the chance to move their pensions from
the UK to another country As well as tax matters, other benefits include
investment flexibility, inheritance advantages and the ability to avoid
losing out through currency exchange Financial Advisors - Choose
Carefully For effective wealth management planning, information is the
key to making the best decisions for your circumstances
7. It is advisable that you only use financial advisors who have been
authorised to operate in the country that you are resident in Without this
authorisation, you can't be sure that your advisor is adhering to the laws
http://www.reputationmanagementadvice.com/setting-up-an-online-custo
mer-review-system-the-right-way of your new resident country You've
worked hard for your money, so make sure you get the best advice to
make your money work hard for you
