Articles
11
Mar
The recent announcement by Jeremy Hunt to abolish the Non-Dom tax regime in the UK represents a significant shift in the tax landscape, particularly affecting individuals with non-domiciled status. This decision not only has tax implications but also introduces complexities in asset management for current non-doms.
As Chartered Financial Planners and...
Transfer Swiss Pension to the UK: A Guide for Expats Returning from Switzerland to the UK
21
Feb
As Chartered Financial Planners our mission, at AES International, is to simplify the complexities of financial transitions for expatriates. A significant number of British expatriates, having spent considerable time in Switzerland, face the intricate task of managing their pension assets upon their return to the UK. This article aims to...
Losing UK Domicile: Defined, How It’s Lost & Who Decides?
12
Feb
Domicile is a term used to describe an individual’s permanent home, or the country in which they have their most substantial connections. Domicile is an important consideration for tax purposes, as an individual’s domicile can affect their liability for various taxes, including income tax, inheritance tax, and capital gains tax....
The Pathway for Non-UK Residents: AES Managing Existing AJ Bell SIPPs
05
Feb
The Pathway for Non-UK Residents: AES Managing Existing AJ Bell SIPPs
With the constant flux of economic conditions, regulatory frameworks, and financial scenarios, the need for effective wealth management is indispensable, especially for non-UK residents who possess a Self-Invested Personal Pension (SIPP) with AJ Bell. As a leading wealth and asset...
Life Insurance: Your Last Love Letter to Your Family
11
Jan
Funny thing...is Life
Life is unpredictable. In its mysterious nature, it offers joy and sorrow, prosperity and adversity. Yet, one aspect remains certain, inevitable and impartial: death. It is a rather discomforting subject, but one that needs addressing. To prepare for such a reality is not morbid but rather a profound...
Number of work hours needed to buy groceries has fallen since the 1980s
16
Dec
"A Fish Called Wanda," a classic comedy film, was released in 1988, offering us a unique reference point to explore the evolution of the cost of living in the UK, particularly through the lens of grocery prices. This exploration not only considers the raw costs of a typical basket of...
How Do I Set Up a Family Investment Company?
03
Dec
Introduction In today's financial landscape, securing your family's future and managing wealth effectively has never been more crucial. A Family Investment Company (FIC) offers a sophisticated way to manage and protect family wealth. This post delves into what FICs are, their benefits, and how you can set one up –...
Offshore Bank Accounts for Expats in 2024
20
Nov
In the ever-evolving landscape of global finance, the concept of offshore banking has become a pivotal tool for expatriates (expats) around the world. Far from the shrouded images of tax evasion and secrecy often portrayed in popular culture, offshore banking offers legitimate, practical solutions for those living and working away...
Is Property a Good Investment for a British Expat? Read Pros & Cons
01
Nov
Property investment has long been considered a reliable way to generate income and build wealth. For British expats, investing in property can be particularly appealing due to potential tax advantages and the prospect of owning a tangible asset in their home country. However, property investment comes with its own set...