Any move abroad highlights the need for good wealth management and financial planning. Guardian Wealth Management is a great source of advice for strategic wealth management planning, for people embarking on a new life as an expat.
Some important wealth management matters that you need to consider when planning to become an expat include getting life insurance/life assurance and medical insurance in place. Another potentially beneficial wealth management move could be the transfer of your UK pension into a QROPS. If you plan to be a non-UK resident for five years or over, a QROPS can provide many benefits for your retirement future. QROPS provide tax advantages and greater investment flexibility, so getting advice from a reputable wealth management company about QROPS could be well worth your while. There are many other important wealth management issues and organisational matters that you will need to include in your plans to become an expat. Read more about a new start in Europe
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