How will Spain wealth tax impact HNW clients?
It is expected to collect around €1.5bn across 2023 and 2024
It is expected to collect around €1.5bn across 2023 and 2024
UK regulator is looking to improve its engagement overseas
Tax, insurance and pensions high on the agenda for UK expats
After Brexit, they are not allowed to hold a bank or investment account in Britain if they are not resident
Protracted negotiations followed by lockdown have led to a ‘huge amount of pent-up demand’
Scheme also incentivises Cypriot nationals to repatriate
Regulators across the bloc have started to scrutinise the practice by UK advisers
Some countries will have different IHT rates according to beneficiaries’ relationship with the deceased
In most cases, fines were ‘more than 100% of the value of the assets in question’
Advice firm says it is not surprised country ‘has taken this route’ to attract ‘digital nomads’
Advice group explains how it will affect UK expats
Increasing property prices could also cause problems