Wednesday 10 August 2011

Survey Finds Wealthy Brits Keen For An Expat Life

A new survey by YouGov has demonstrated that many Britons are looking at other developed countries as an alternative for a better lifestyle. While wealth management issues still play a large part in our levels of happiness, the survey reveals that many people feel that crime rates and the poor state of the UK economy are driving people out of the country.

With good wealth management a key factor in keeping stress at bay, as a nation we are struggling with the high tax levels and anti-social problems that we face in Britain. These negatives are making those in better financial positions consider the expat way, believing that other locations can offer a greater contribution to overall well-being.

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Wealth Management For Expats – Top Ten Mistakes To Avoid

For expats, wealth management planning is vital, especially as there are lots of common mistakes that expats get tripped up by when moving to a new country. It’s definitely worth getting some professional advice from a wealth management company or financial advisor, to ensure that you don’t get caught out by tax differences and hidden costs.

Wealth management for expats can be more complex, as different laws will apply and there will be other overheads to think about.

Read more about the top ten tips to avoid