Do you know the financial implications of you being an expat? The need for financial information and investment needs of an expat differ from that of a “regular” employee. What does it mean to be an expat? And how do your finances change? [Contributed by Beacon Global Advisers]
Transitioning as an Expat
Every expats asks himself the following questions:
- What does it mean to be an expat? How do my finances change?
- What are the effects of me regularly moving from one country to another on my finances?
- What is the result of me living abroad for a longer period of time on my pension, my retirement?
- Have I set enough money aside to retire comfortably?
Challenges of American Expats
American Expats also face another challenge: FATCA (Foreign Account Tax Compliance Act) legislation. Owning bank accounts in countries outside the United States can cause U.S. taxpayers major headaches, including banking lock outs, withholding fees and potential penalties.
The Financial Education seminar walks expats – Americans, those with an American Nexus and other internationals – through some interesting topics, such as Life Insurance Strategies for Expats, Cross Border Retirement Planning, (US FATCA Compliant) Investments and International Wealth Management.
Make sure you, your financial adviser(s) and/or accountant know what being an expat implies for your financial situation
Join – no obligation – our Financial Education Seminar on October 11, 18,30-20,30h. Admission FREE OF CHARGE.
The location is at 1 minute walk from parking Raaks and 5 minutes walk from Haarlem Central Station, so very easy to reach from all Haarlem areas but also from Hoofddorp, Amsterdam, Amstelveen and Leiden.
This event is organized by Beacon Global Group held in collaboration with expatsHaarlem.
About Beacon Global Advisers
Beacon Global Advisers – part of the Beacon Global Group – provides its clients with international and U.S. financial products and services that meet their needs for financial control, stability and simplicity, no matter where they are in the world.
BGA clients are Americans, people with an American Nexus and internationals, managed by a team of advisers that understand the financial regulations, cultures and more in the countries where they reside.
Beacon Global Advisers does not provide tax or legal advice. None of the information should be considered tax or legal advice. You should consult your tax or legal advisers for information concerning your own specific tax/legal situation.
Securities offered through Regulus Advisors, LLC. Member FINRA/SIPC. Investment advisory services offered through Regal Investment Advisors, LLC, an SEC Registered Investment Advisor. Regulus Advisors and Regal Investment Advisors are affiliated entities. Beacon Global Advisers is independent of Regulus Advisors and Regal Investment Advisors.
Contributed by Beacon Global Advisers
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