As more and more people are choosing to go and live in different parts of the world, expats are becoming a word that we hear of more often. An expat or expatriate is simply an individual that is residing and/or working in a country that is not their native country. Expatriates have also been known to rescind their citizenship in their native country in order to gain citizenship in the country they are currently staying in. Starting a new life abroad can be a risk, and a costly one at that. If you have funds that you are willing to invest in, you should be looking at what financial services can offer you, especially as you are an expatriate. Read on to find out more about what Mulland Fraser’s expatriate investing is all about.
Investing as an Expat with Mulland Fraser
Once you decide to up route your whole life and begin a new adventure, all sorts of circumstances can occur. Sometimes through no fault of your own, trying to live a life of luxury can be costly. This can have a real effect on sorting out the financial side of your life, this is when you should consider seeking expertise such as Mulland Fraser for example.
The company prides itself in being able to offer a specialised and tailored approach to each of its clients, and always want them to come out the other side happier, healthier and in a much more stress-free position regarding money. The business has appointed advisors that understand the challenges that Expats will most likely face and have a vast amount of knowledge to combat this. The business has a dedicated line of employees and advisors who work tirelessly in order to ensure that the clients are at the heart of everything they do. If they see the potential for an investment which they think could fit your portfolio and maximise your profits in the future, they will run it by you and once approved, seal this for you.
Setting goals is the best way to start
The first conversation that your financial services advisor should be having with you is do you have an idea about what your goals are? This is key to ensuring that you are meeting your financial objectives. The goals should include short-term, long-term and intermediate goals. By providing the financial advisor with this information, they are then able to make a calculated decision on how and where to invest your money in order to ensure a safe return on investment.
There are different circumstances involved in being an Expat that you should consider. For example, if you are a British citizen but you have decided to live and work in Dubai, then you will find out that there is no income tax that has to be paid. However, if you do decide to return to the UK one day, for whatever reason, you have to be aware that you are investing in the correct manner. Say for example you decided to invest in real estate in your native country rather than the country you are working and/or residing in currently, you would not generate a stable income but also have a place where you can sleep and call your home when you come back. Smart investments like this are why financial advisors exist, to help you live comfortably and reap maximum benefits.
Why Mulland Fraser?
Mulland Fraser, as previously mentioned, offers a wealth of knowledge when it comes to Expatriate investing. Through supportive guidance and setting realistic goals. The business is able to make this normally stressful experience one of ease. This is a fantastic way to guarantee yourself some amazing returns in the future, with minimal effort on your part.
