Capital Gains Tax on Foreign Property: What UK Expats Need to Know
For UK expatriates, understanding capital gains tax (CGT) on foreign property is crucial when managing international investments. Whether you’re selling a second home abroad or an investment property, tax obligations may arise in both your country of residence and the UK. Here’s what you need to know. What is Capital Gains Tax on Foreign Property? […]
How UK Expats Can Benefit from Double Taxation Agreements
For UK expatriates, managing finances across multiple jurisdictions can be challenging, particularly when it comes to taxation. Understanding how Double Taxation Agreements (DTAs) work is crucial for avoiding unnecessary tax burdens and ensuring compliance with local and international regulations. This guide explores the key benefits of DTAs, how they apply to different income types, and […]
Thinking of Moving to Dubai? Here’s All You Need to Know
Dubai has long been an attractive destination for expatriates seeking career advancement, a luxurious lifestyle, and financial benefits. With its zero personal income tax, a booming economy, and world-class infrastructure, it’s no wonder that over 240,000 Britons now call Dubai home. However, making the move is a significant decision that requires careful planning. From visa […]
A Changing Landscape: What Santander’s UK Exit Means for You
Reports suggest that banking giant Santander is considering a strategic exit from the UK market after two decades of operations. While no final decision has been made, such a move could have far-reaching implications for mortgage holders, investors, and the broader financial sector. For those with existing mortgages or investments in the UK, uncertainty in […]
Where to Buy Property Overseas in 2025: Expats Look Beyond Spain
Spain has long been a favourite destination for British and non-EU buyers seeking the dream Mediterranean lifestyle. However, recent political discussions around increasing property taxes for non-EU buyers have caused concerns among international investors. While it remains to be seen whether these proposals will become law, they highlight a growing trend: governments introducing stricter regulations […]
Why Millionaires Are Fleeing the UK Under Labour
As the UK grapples with new economic policies under the Labour government, an alarming trend is unfolding—an exodus of millionaires seeking friendlier financial climates abroad. Since the general election was called, one dollar millionaire has left Britain every 45 minutes. With sweeping tax reforms, particularly the abolition of the non-domiciled (“non-dom”) tax status, high-net-worth individuals […]
Rachel Reeves: Non-Dom Abolition to Retain Wealth in the UK
Chancellor Rachel Reeves has announced adjustments to the planned abolishment of non-dom status, reflecting a more measured approach to address concerns from international clients and expatriates. Speaking at the World Economic Forum in Davos, Reeves outlined amendments to legislation aimed at easing the transition for non-doms by enhancing the Temporary Repatriation Facility. This adjustment will […]
Retirees Fleeing the UK’s Bad Weather, Wrecked NHS and ‘Woke’ Brits
As many British retirees contemplate their later years, a growing number are deciding that life in the UK no longer holds the appeal it once did. Frustrated by unpredictable weather, long NHS waiting lists, and a cultural shift they feel doesn’t reflect their values, these pensioners are heading abroad in search of sunnier skies, quality […]