Attitudes to work and lifestyle have shifted significantly since COVID-19 first swept across the globe last year. And many international workers in the middle east are suddenly considering relocating to a completely new location or returning home.
As a result, thousands of GCC international workers are left unsure what happens to their savings and pensions when they leave the region.
Using their first-hand knowledge, our team have compiled a must read guide for expats to ensure there are no nasty shocks around the corner.
The opportunities afforded to expats can be life changing but if you are to take full advantage, it’s vital you have a plan in place wherever your journey takes you next.
With a little forward thinking and careful planning, your time overseas can significantly enhance the financial security of your family for generations to come.
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Whilst there are many international globally based planning firms, most have no ability to offer regulated ongoing advice or service to expats when they choose to move on to their next post or return home. And with the majority of internationally based advisers geared up to only provide offshore and localised solutions in the jurisdiction they are based, many investors find that the consequences of moving have been completely overlooked, resulting in additional fees, tax penalties and more.
Use your time overseas wisely. Maximise your expat status and build your perfect financial portfolio and your perfect future.