Home and Away: What do you need to consider when advising clients who live abroad?
22 Feb 2016
With an estimated 325,000 Britons emigrating every year, it's highly likely that many advisers will count a handful of expats amongst their client base.
Although emigration to sunnier climates was previously viewed as the remit of retirees, recent figures from the Office for National Statistics tell us that 56% of those who left the UK last year did so to further develop their career or explore other employment options. Non-UK based clients are therefore likely to require a full range of holistic financial planning for the many stages of their life rather than solely later life advice.