Moving and living abroad

Expats targetted by new leisure scheme

Expats are being warned about ‘leisure credit schemes’ targetted at Brits in Mediterranean countries with the promise of free or discounted future holiday bookings, which are not covered by the EU Timeshare Directive leaving consumrs buying into such schemes unprotected.

Tough times for expat banking

The announcement by Lloyds that it is to sell its retail banking operations in Spain is another blow for expats whose options for standard banking and lending services from traditional UK bank sources continues to shrink. As well as banking, the withdrawal of Lloyds International from the...

Expat savers should remain vigilant

Following the planned levy on deposits in Cyprus, do savers elsewhere still need to be looking over their shoulders? The answer is probably yes. While it’s unlikely that other governments will attempt to target smaller savers, the precedent of a one-off tax on savings as a way to ease the...

Barclays lifeline to Cyprus-based pensioners

As pension payments from the UK’s Department for Work and Pensions paid into British expats’ Cypriot bank accounts continue to be suspended, HM Treasury is working with Barclays Bank to put in place a process so that affected individuals can open a UK bank account quickly if they wish to to so...

Cyprus' credit controls impact UK pensions

Banks in Cyprus have reopened under strict credit controls which include limitations on withdrawals to pre-empt a run on the banks. After a near two-week closure, the reopening of the banks will bring relief to locals and expatriates who found themselves in a cash-only society after many...

Your Financial Noticeboard - May 2013

It's crucial to keep on top of dates for tax planning as well as any up and coming changes affecting your expat status. To help you get ahead of events, we've listed some actions you should be taking now to keep abreast of your financial situation. Expats need to be aware of banks closing down their safety box services and find an alternative means of storing valuables and documents back in the UK. And if the new rules on the UK's statutory residence leave you baffled, we have the essential link to clarity. Find out more here. 

Financial Clinic

Have a question about finance, tax or expat legislation? Fire away. We have gathered together top expat experts from the advice, tax, finance and legal world to help. We have featured a selection of our experts below, but to view our full panel click on the 'Meet All Our Experts' link below.

Dean Power, International Tax
Karen Marks, International tax & trust planning
Katrina Osman, international medical and general insurance
Rex Cowley, Wealth Management

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