INTERNATIONAL PENSIONS GUIDE FOR EXPATS
INTERNATIONAL PENSIONS GUIDE FOR EXPATS AND THOSE MOVING ABROADFor Immediate Release Thursday October 21, 2010As the UK battles to wipe out an unprecedented budget deficit it is clear that private pensions are to become even more important with everyone having to work longer.
Today Investment International publishes an eight page guide for expats and those thinking of moving abroad to help them plan for their retirement. The guide, International Pension Planning: How to Prepare for your Retirement , looks at some of the more complex options as well as tackling the most frequently asked questions and providing case studies.
‘International pension planning can be more complex but it is that very fact that makes it even more vital for everyone to take a look at their investments and make sure that they are doing the best they can for the future,’ said Ray Clancy, editor of the guide.
‘Every year it is estimated that around 350,000 people emigrate from the UK, including wealthy tax payers who want to avoid the new 50% rate of income tax. But many don’t take enough advice about what to do with their pension when they move abroad,’ she added.
The guide gives expert views on careful planning and what the options are. It has case studies and a special section on Spain where proposals are currently being looked at to change the inheritance tax rules and gift tax reforms are being discussed.
‘Recent research from Standard Life shows that Spain is the number one place for British people to retire outside of the UK, yet many fail to get to grip with the financial, tax and pension rules,’ added Clancy.
It also contains an in-depth look at Qualifying Recognised Overseas Pension Schemes which are becoming more and more popular with expats. ‘This is a highly complex area but one that can be very beneficial for expats. It is vital to take independent advice from QROPS experts and our guide points to the kind of questions you should be asking,’ said Clancy.
Note to Editors:
For further information please contact Ray Clancy, editor Investment International.
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Investment International is part of The Publishing Group (TPG)
About TPG’s Publications:
Investment International is a long established offshore investment website aimed at the high-net-worth expatriate investor who is interested in bonds, funds, equities and offshore savings accounts. Readership varies from UK based individuals looking to invest in global opportunities, to international investors interested in tax efficient investment offers and institutional investors.
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