Financial Advisor Expat

The pandemic has inflicted an enormous human cost across the globe. The response, which has involved governments’ imposing a range of necessary measures designed to combat the spread of the disease, has inevitably had a major impact on global economic activity. The most recent Organization for Economic Co-operation and Development (OECD) outlook, warned, “The crisis will cast a long shadow over the world”. While IMF projections do suggest the global economy is likely to bounce back in 2021 as economic activity hopefully normalizes, the uncertainty caused by the pandemic is clearly placing huge pressure on economies all around the world. The IMF’s economic assessment, published before Q1 GDP figures had been released, paints a bleak picture of economic prospects. The baseline projection, which suggests the world economy will contract 3% during 2020, assumes that in most countries, outbreaks peak during the second quarter before fading across the second half of the year, wi

A financial adviser is an invaluable resource for expats in effectively managing your finances. When it comes to making important investment decisions, particularly around the complexities of cross-border transactions, a financial adviser assists with analyzing the pros and cons. They will make sure you understand all the tax implications and don’t have the puzzle of trying to work out which option is right for you. Let’s look at how  financial adviser fees  work, and the added value in securing professional financial advice. Why Appoint a Financial Adviser? A financial adviser covers a broad spectrum of advisory services and tailors their work to your requirements. As an overseas expat, it is worth verifying with any prospective advisers that they are experienced in the arena that is most relevant to you; for example, this might be international conveyancing, expat investment portfolios or cross-border retirement planning . Whether you are looking to purchas