Helping You Build a Life Overseas

Financials

 

How much does it cost to buy a property abroad? How much does it cost to maintain
a property abroad? How can you finance the property? What about employment,
claiming your pension abroad, or finding other sources of income? And what is the
biggest financial mistake that foreign property buyers make? Find answers here…
 

Taking care of your finances before moving overseas

There is a lot to clear up before you make the move abroad ranging from sorting out your taxes and personal finance to establishing yourself a good retirement plan and working out that ways to get the most out of your pension. Today the Overseas Guides Company takes a look at the financial matters which need to be taken care of when moving abroad.   If you ever want to realise your dreams of moving abroad, you need to  More...


Choosing your new bank

When making the move abroad or purchasing a holiday or investment property, you will have a million and one tasks on your ever-growing to-do list. Perhaps one of the most pressing will be setting up a bank account. In a number of places, you won’t be able to carry out a house purchase unless you have an account set up there so it is an absolute necessity. If you are emigrating for good, you may be tempted to close all accounts and shut off all ties with the UK. Although  More...


Claiming your pension abroad

If you are currently contributing to a pension scheme in the UK and you then move abroad, it is highly likely you will still be able to claim it. You state pension will not be affected by your moving abroad. When you do move abroad you will need to make the local authorities aware of this – depending on where you move to, it might be able to pay it direct into your foreign bank account. If not you can continue to have it paid into your UK account and then use a currency specialist,  More...


Tax planning for a move abroad

Every year thousands of Brits pack up their belongings and move abroad. They do this for various reasons; sunnier climate, a slower pace of life, or for a better job. Amongst the many things that need consideration when moving abroad, tax is one of the most important as it will affect your income, savings and pension. When you are thinking about the move, there are two main things that you will need to think about; residency and domicile. If you are from the UK then that is  More...


The cost of living abroad

There are many reasons as to why we move abroad. Some move for the climate, others for love, some for work or study, and a lot move for the quality of life that can be found in pastures new. The one thing you may not wish to think about is how much your new life abroad is going to cost you. The quality of living may go up, yet the cost may do too. So the first thing you will need to look at is the exchange rate and how much the Pound Sterling will convert into. For example it  More...