What’s Happening To Expat Pensions Post Brexit?
One of the most unpredictable outcomes of Brexit is the state of expat pensions. How is Brexit going to impact expat pensions in 2021? How Brexit Might Impact Expat Pensions One of the biggest issues facing the state of pensions belonging to UK expats is the degree of uncertainty...
The Importance Of Establishing Good Credit When Moving Abroad
When you decide to move abroad from the U.S. you will need to set yourself up financially in a new country and one of the challenges is establishing good credit when moving abroad. You need to establish a new credit record in your new home country but should not neglect maintaining your credit score...
Credit Reports and Credit Scores: How Often Should You Check Them?
Personal data can easily be breached by hackers nowadays. For this reason, it makes a lot of sense to frequently check your credit information to ensure that all of the details are accurate and that a third party is not using them without your knowledge. The Consumer Financial Protection Bureau in...
How To Avoid Post-Brexit Banking Issues For UK Nationals
Now that the UK has left the EU many UK nationals living in the EU face problems retaining their UK bank accounts and have difficulties and higher transactions costs making and receiving sterling payments. Here Monito explain the causes and potential solutions. Economically, Brexit means that the UK has left the...
UK Self Assessment – 2020 In Review And What We Can Expect In 2021
As the pandemic continues to impact our way of life, it’s never been so important to manage finances and plan ahead. Understanding the latest tax changes and how they will affect you can be hard to get your head around, especially with everything going on. One change that self-employed taxpayers had...
4 Things For U.S. Expats To Know At Tax Time
The pandemic has changed nearly every American’s life, including U.S. expats, and while these changes could impact their 2020 taxes, with changes to international travel and residency, U.S. expats may have different considerations to take into account than their friends and family back in the U.S. Written exclusively for Expat...
Starting A Business When Moving Abroad
Starting a new business is already challenging enough as it is, but when you are planning starting a business when moving abroad, well, that’s an entirely different thing altogether. There are a lot of things that you must consider. From that nation’s culture to the contrast of their laws. Tip 1:...
5 Financial Considerations If You’re Relocating To The US
Are you moving to the United States? Navigating an international relocation is certainly no simple task, especially if you’re moving for work and need to move by a certain deadline. Not to mention, balancing your work responsibilities alongside the complexities of an international move can be difficult to manage. One aspect...
Coworking And Coliving – For Remote Workers And Digital Nomads
Remote working can give the freedom to work anywhere leading to the growth in digital nomads, but takes away the communal element of the traditional office. Coworking in shared offices is a practical option and coliving takes it to the next level where you live and work in an environment with others looking for...
Don’t Get Stung On Foreign Property Deposits
As lockdowns and disruptions from the Covid-19 pandemic continue, there’s no doubt it has changed the way we live and work. One impact is that jobs which were previously thought to be only office-based are now effectively done remotely, and whether you call it flex or hybrid working, working from home looks here to...
Can You Afford To Leave Your UK Self-Assessment Until 28th February?
Have you welcomed the news of no penalties for filing late, are you one of the millions yet to file your UK self-assessment due to being adversely affected by coronavirus? Having your self-assessment up to date has aided the self-employed with claiming government schemes and for filing your 19/20 tax return GoSimpleTax look at...
Britons In The EU Face Investment And Pension Problems
Brexit has meant many UK citizens living in the EU have seen the forced closure of their UK bank accounts. But this is likely to be just the beginning – EU pensions and investments could be next. Financial services – 6.9% of the UK economy in 2019, do not form...