INDEPENDENT FINANCIAL ADVICE FOR EXPATS LIVING IN KUWAIT
Statistics show that expats make up 70% of the population in Kuwait with the majority in Kuwait City. There are plenty of opportunities for skilled expats to find work in various sectors.
The tax-free lifestyle appeals to career-minded expats looking to maximise their earnings and develop their careers. The cost of living can be quite high as a result however.
If you’re an expat looking for independent financial advice in Kuwait then we can provide you with the right support and guidance to optimise your long-term financial planning.
INDEPENDENT FEE-BASED ADVICE FOR BRITISH EXPATS IN KUWAIT WITH UK ASSETS
If you’re a British expat in Kuwait with assets in the UK then you need a clear picture of how to manage them. Living overseas presents complications with investment management, generating income, managing currency fluctuations, protecting capital and understanding tax obligation both in your own lifetime and when you pass them on upon your death.
We provide independent fee-based advice to assess all of your assets and optimise them to manage all of the concerns mentioned above.
Contact us via the form below if you want a free and confidential meeting about your situation.
INDEPENDENT ADVICE ON UK PENSIONS
If you’ve spent a significant part of your career working in the UK then it’s probable that you’ll have accumulated pensions either in the form of defined contribution pots or defined benefit final salary pensions.
We give the independent fee-based advice on UK pensions for British expats in Kuwait. Unfortunately many British expats in Kuwait have been badly advised in the past and transferred their UK pensions into Qualifying Recognised Overseas Pension Schemes (QROPS) in jurisdictions like Guernsey, Malta and Gibraltar. The majority – probably 99% – of these were done unnecessarily and could actually leave you worse off from a tax perspective.
For more specific guidance on UK pensions for expats in Kuwait check out our articles further down this page.
FINANCIAL ADVICE FOR US EXPATS
US expats and US connected persons face challenges with regard to their investments as many financial institutions simply won’t allow U.S. connected persons to hold investment products and increasing numbers of U.S. financial institutions are closing brokerage accounts for U.S. connected persons with overseas addresses.
The U.S. Foreign Account Tax Compliance Act (FATCA) has paved the path for subsequent and more global regimes, notably the Common Reporting Standard (CRS).
Providing correct advice to US expats is just one area in which we specialise. For a free and confidential meeting about your situation, please contact us via the form below.