INDEPENDENT FINANCIAL ADVICE FOR EXPATS LIVING IN OMAN
Oman is one of the friendliest countries in the middle-east for expats to live and work. Muscat has a large expat population and it quite westernised as a result. It’s easy to have a familiar lifestyle involving shopping, sports and eating out.
The government is trying to encourage more jobs for local people but expats can still find work in sectors such as oil, medicine and education but they must be sponsored by an employer.
If you’re an expat looking for independent financial advice in Oman 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 OMAN WITH UK ASSETS
If you’re a British expat in Oman 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-basaed 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 best independent fee-based advice on UK pensions for British expats in Oman. Unfortunately many British expats in Oman 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 Oman 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.