The research found that 22% of expats surveyed reach the end of the month with no money left to save. Another 27% save less than five percent of their monthly salary and 13%said they only put aside between six percent and 20%.
Brits working for oil and gas companies in the Middle East are among those most at risk of incurring additional tax for putting aside more money for their retirement than the current lifetime allowance permits.
In the securities markets, volatility is often associated with swings in either direction, both positive and negative. Typically, when a market rises or falls more than a few percent daily, we say that that specific market is going through a volatile period.
In the area personal finance, financial planning is the process of managing your financial life in a way that supports your financial and lifestyle goals. It covers items such as budgeting, spending, saving, tax planning, retirement and estate planning, credit and debt, education planning and insurance, all of which...
An expatriate will is a will made in a jurisdiction outside of your domicile (home country). It functions the same as any will but covers the estate located in the jurisdiction where it is drawn and serves to make probate (validation of the will, identification and disposal of the...
Advice on anything relating to your money may be considered financial advice. Financial advice covers a wide range of areas such as savings, investments, foreign exchange, getting a mortgage, arranging your pension, saving tax and offshore tax advice, insurance, protecting your family, retirement.
Up to two thirds of UK expats living in the Gulf could be unknowingly breaching pensions tax regulations, according to Hoxton Capital Management.