Home country bias is when investors put too much of their money into companies based in their own country. It’s natural to feel a sense of loyalty to companies that are based in your home country, but it can be a risky investment strategy.
Retirement planning for UK expats requires careful consideration of the four horsemen of retirement: longevity, inflation, asset allocation, and taxes. By understanding these factors and working with a qualified financial advisor, you can create a retirement plan that will ensure your financial security and enable you to enjoy your retirement to the fullest.
Cash should always be safe, liquid and accessible. The point of an emergency fund after all is that the funds should be available whenever we need them. However, it is also important that we are aware of the drawbacks to holding too much cash in our bank account. Although banks are considered to be a safe and convenient option for our money, here are six reasons why you might want to look at other ways to store and grow your wealth
Poland is quickly becoming one of the most popular retirement destinations for UK citizens. With its affordable cost of living, beautiful countryside, and rich culture, it’s easy to see why. However, retiring to Poland from the UK does require some careful consideration and planning. In this article, we will discuss everything you need to know about retiring to Poland.
As more and more people move to Poland to work, study or retire, expat banking has become an important consideration for many individuals. Banking in Poland as an expat can be complex, as there are a range of options and regulations to navigate. This article aims to provide an overview of the key factors to consider when banking as an expat in Poland.
Inheritance tax is a tax that is levied on the transfer of assets from a deceased individual to their heirs. In Poland, inheritance tax rules apply to both residents and non-residents of the country. In this article, we will discuss the Polish inheritance tax rules in detail, including the tax rates, exemptions, and payment requirements.
Are you a British expat looking to secure a steady source of income for your retirement? The UK State Pension is one of the most cost-effective ways to do so. However, many expats often forget about the State Pension or simply write it off. This is a costly mistake.
As a financial adviser, I have seen first-hand the chaos that can ensue when a loved one passes away suddenly without any preparation in place. As an expat, it is not uncommon to have important documents spread across multiple locations, which can create a massive headache for survivors who are already grieving. That’s why I always recommend creating an “in case of death” folder, a single file (digital or physical) where you keep all of your important personal and financial information together.
Are you considering a move to Poland? Whether you’re already living here or just thinking about it, it’s important to know the common financial planning mistakes that many expats make. Here are some tips and tricks to help you avoid them and make the most of your move to Poland.
Many Brits residing in Poland or Polish citizens who have returned home after living in the UK may be faced with a significant question regarding what to do with their accumulated pension schemes in Britain. This has become a more pressing issue in light of Brexit and the added uncertainty it has created.
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