The UK formally left the EU on the 31st January 2020 and there followed a transition period which ended on the 31st December. There are now agreements in place governing various aspects of how the UK and the EU will interact in future. However, financial services were not included in the withdrawal agreement (the ‘trade deal’), so UK based financial advisers and institutions can no longer advise their EU resident clients without also having an appropriately authorised presence in the EU. This is not an issue for The Spectrum IFA Group, since we have always been fully regulated and authorised across the entire EU.
If you live in France, Spain or Luxembourg, did you know that you have access to secure, tax-efficient, locally authorised investment solutions backed by some of the UK’s largest and most well-known financial institutions.
These products, issued from the safety of Dublin, are both EU regulated and highly tax efficient. For example, one of the largest insurance companies in the UK offers a fully French compliant (Dublin based) Assurance Vie. Another offers a Branch 23 product, which is similarly tax efficient in Belgium. Both companies offer tax efficient solutions for Spanish residents.
Even though the UK has left the EU, you can still invest with companies whose names you know and trust, in a tax efficient manner, in the country you now call home.
International Expat Financial Advice in Luxembourg
How our advisers in Luxembourg can help you as an expatriates with your financial planning. A Case Study: An expatriate, working and fiscally resident in Luxembourg is planning to retire to the South of France. Good retirement planning advice has taken this into account with the use of a Tax Efficient, French compliant Insurance product known as “Assurance Vie”. This allows the client to accumulate a retirement pool during their working life and also to enjoy significant tax advantages while taking benefits later on, when resident in France.
Michael Doyle
Tel + 352 691 128 026
michael.doyle@spectrum-ifa.com
David Evans
Tel + 352 621 187 867
david.evans@spectrum-ifa.com
David O’Donoghue
Tel + 352 621 522 511
david.odonoghue@spectrum-ifa.com
Craig Welsh
Tel +356 9933 8271
craig.welsh@spectrum-ifa.com
Emeka G Ajogbe
Tel +32 494 90 71 72
emeka.ajogbe@spectrum-ifa.com
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Guide to Investment Risk
TSG Insurance Services S.A.R.L.[Luxembourg Branch], is a branch of French Spectrum IFA Group member TSG Insurance Services S.A.R.L. an authorised brokerage with offices and teams of experienced advisers based throughout France. Contact our team in Luxembourg.
Our internationally qualified, professional advisers are readily available to make certain you receive the best possible advice and superb service, bringing you peace of mind.
