If you have chosen to retire in Europe, take steps now to review your pension options before Brexit potentially changes the rules.
When moving to France, take advice early to avoid missing out on any tax and estate planning opportunities for yourself and your heirs. It is not difficult to appreciate why so many people fall in love with France and consider making it their home.
Britons risk up to 55% taxation if pension funds go over the UK lifetime allowance (LTA), but expatriates can take steps to limit exposure.
We frequently find that our clients seek our advice before putting their property on the market, which is reassuring, of course. But then imagine our frustration when they then proceed to go ahead based on the opinion of a “well intentioned” friend or neighbour.
There are various aspects to consider when you move to France, particularly if you are retired and plan to spend the rest of your days there.While financial planning for your new life will be high on the list, you also need to take some time to think about estate planning and protecting your heirs
Amidst ongoing uncertainty as the Brexit clock runs down with no defined outcome, France has taken particular care to reassure British expatriates that they are welcome to stay, whatever happens with Brexit.
The French Interior Ministry has published information for Britons living in and visiting France after Brexit. Here’s what you need to know about residency. driving licences and more should a withdrawal deal be agreed, and what will happen in the event of a no-deal Brexit.
A Brexit agreement is closer than ever, but with the UK government in disarray, a no-deal outcome is still possible. British Prime Minister Theresa May finally broke a Brexit deadlock on 14 November by securing agreement on a withdrawal deal from both the UK cabinet and EU negotiators.