Year-end Financial Tips for Expats in Brazil – BEING UPDATED
COMING SOON! This article will provide several financial housekeeping recommendations to ensure that you and your family are on track to meet your financial goals for 2020 and beyond. Image credits Image by mohamed Hassan from Pixabay.com Away from the crowded beach by Nad Hemnani at Unsplash.com Business meeting and […]
Oil company executive: Deciding between pension options
A client was recently offered pension options by his former employer, a US energy multinational. He had worked in the company for over a decade whilst contributing into the pension scheme. Currently 57, he would start receiving income in 8 years, when he is 65. The options were: Keep in existing employer scheme until 65th […]
Key principles for a successful client-advisor relationship
Our mission statement is to help our clients make well-informed financial decisions. This means we need to understand where they are today, what they are aiming towards in the future and how to prioritise these objectives. Being a personal financial planner for expatriates and international executives is a vocation rather than a job for a […]
US Expat Tax Planning: FATCA, PFIC and Year-end planning
FATCA – Foreign Account Tax Compliance Act Many Americans living overseas are unaware of the potential tax liabilities they could be facing in near future. US citizens have a permanent obligation with the IRS to file an annual tax return and a foreign asset statement (FBAR), above a certain threshold). FATCA regulations have resulted in […]
Expatriate Fact-find. Back to basics
Have you ever regretted an investment decision? Do you feel that your financial adviser was not looking after your best interests? A good sign that you are talking to a high-quality financial advisor is in the nature of the fact-find. Is it detailed and holistic? Does it cover family needs and tax questions? If so, […]
Planning for job transition and relocation
In Rio de Janeiro, this has become an increasingly scenario for expats: A few months ago, you had a secure expat assignment in an oil or mining company, with a generous package including accommodation in a luxury apartment, school fees for your kids at an international school and family health plans with access to top quality […]
Brazil joined Common Reporting Standard in 2018
Brazil to join CRS. BCC UK magazine. Jan.2018 Click on the above article which was published in the Brazilian Chamber of Commerce (UK) magazine at the beginning of 2018. It provides a concise explanation of the CRS and how will affect Brazilian residents – including expatriates – who are holding overseas assets. Key excerpts: “In […]
Brazil opportunities – Live and Invest Overseas magazine
Simon Letter article Click on the above link to read our opinions in the April/2016 edition of Simon Letter | Live & Invest Overseas We offer our advice on: Cash management for entrepreneurs. Asset allocation for longer term investors. Tax considerations for US citizens investing in Brazil. “Regardless of the current macroeconomic situation, there […]
The limitations of Robo-Advisors in expat financial planning
‘Robo-advisors’ are computer-generated financial models which offer portfolio recommendations using low-cost funds, based on simple risk questionnaires with clients. I believe they have their role in basic portfolio management but we need to be aware of their limitations. Expatriates may like to consider the following points: 1. Does a computer-generated model understand your financial circumstances […]