For non-Muslim British expatriates, having Sharia applied to their estate can result in a significant increase in Inheritance Tax. This is due to the loss of important exemptions which would normally be used in estate planning.
Thank you to everyone who completed my dissertation questionnaire last Summer. I am delighted to tell you I received my final result this week: I have been awarded a first class honours degree in financial services. Thank you once again for your contribution. If any of you are thinking of studying whilst holding down a full-time job it is hard work but ultimately rewarding. Let me know if you have any questions.
A friend asked me what financial advice I would give a young person just starting out in the world or work. With my eldest leaving university this year, this is a topic I have given some thought to, so here are 10 tips and a reminder to the rest of us of how to stay financially healthy.
Happy New Year!
So, here we are in 2018 and you have been thinking about your personal goals for the next 12 months. Whether you’ve been in Dubai 1 year or 10 it is a useful time to take stock of your progress towards your longer term targets. So what should be on your financial check list?
UK Budgets don’t normally have much of an effect on expats. They give us a bit of an insight into what life is like ‘back home’ and are important for those who have interests in the U.K. such as rental properties. But it does give me an opportunity to raise a couple of points which all British expats should be aware.
I have a social network group to thank for this question. A member wanted to know whether he should invest his money with a life assurance company regular savings plan or into an off-shore investment platform. This post should help him and others…