Education Fee Planning
Education fee planning can be a complex process, especially for expats.
It’s important to start planning early and to understand the various options available to you.
Many universities now charge international student rates, which can be expensive.
In addition, international education fees are rising sharply. It’s important to save early and invest wisely to cover the cost of education. There are a number of different savings and investment plans available, including capital, regular and combined plans.
International Education Fees & Cost of Living
Education Fees
Education fees for expatriates can be costly, and in some cases, they may be required to pay international student rates. It’s important to factor these costs into your overall budget when planning for your education.
Cost of Living
The cost of living can be expensive in many countries, and this should also be taken into consideration when budgeting for your children’s education. Expatriates should research the cost of living in the desired destination to make sure they have enough saved to cover their expenses.
Savings & Investments
There are a variety of savings and investment options available for those looking to fund your children’s education. Dedicated education savings plans offer tax benefits and the potential for growth, making them a popular choice for many parents and students.
Our expert IFAs can help you choose the right plan for your needs.
Health, Life & Income Insurance
Nobody knows when life will take a turn for the worse.
However, if you have the correct insurance plans in place, you can protect yourself, your assets, and your loved ones from whatever fate has in store for you.
Our team of knowledgeable advisors will walk you through your options, which include:
- Income protection insurance – designed to protect your assets if you are unable to work due to illness or unemployment
- Life insurance – you may rest assured that your loved ones will be financially secure if you pass away.
- Critical illness insurance – gives you peace of mind that if the worst happens, you’ll be covered
Get in touch to discuss your options.
Inheritance Tax Planning
Are you looking for the peace of mind that comes with knowing your assets will be passed along to your loved ones?
The law on inheritance taxes is complicated. For example, if you’ve moved out of the UK, possessing a home there may make you liable, in this case also keep in mind that HMRC has access to your finances for up to seven years.
Our knowledgeable advisors can assist you with the following:
- Using a comprehensive approach and the appropriate documentation, plan successfully and efficiently
- Make the most of the money you leave to your loved ones
- Ascertain that they will receive the inheritance as soon as possible
It’s always better to obtain independent guidance when it comes to inheritance tax.
Contact our team to learn more about how we can help you pass your wealth to individuals you care about in an orderly manner.
Repatriation
Are you considering returning to the your home country after a long period abroad?
Have you given any thought to the following?
- Your new tax classification
- Investments made overseas
- Bank accounts needed to be closed
- Selling real estate
- Insurances
We’ll ensure that you plan for this big change efficiently and successfully, allowing you to settle into your new life with ease, thanks to our comprehensive, personalized approach.
Retirement Planning
People dream of retiring early.
The average life expectancy is increasing. Retirement ages are also rising.
It’s critical to plan your retirement carefully, especially if you’re an international professional.
In actuality, most people will need to save for at least 25 years. You must begin planning now to ensure your financial independence when you retire.
Our team of independent professionals helps you plan, manage, and monitor all of your investments by using a large picture perspective. Our service also includes the following:
- Reviewing pensions
- Options for transferring your pension
As a result, you can rest assured that you’ll reach your retirement objectives.
Trust Planning & Wills
Trusts are a fantastic way to leave your assets to a beneficiary, despite their notorious complexity.
Furthermore, as an expat or international professional, you may require a will in each jurisdiction where you own assets.
It’s never easy to contemplate the fact that you’ll be gone one day. However, with the help of our IFAs, you’ll be able to:
- Have confidence that your loved ones will not be inconvenienced by delays or account freezes
- Rest easy knowing everything is taken care of