The UK left the EU on the 31st January 2020. There follows a transition period which will end on the 31st December 2020. Trading arrangements and citizens’ rights agreements will be negotiated during this time. Until the 31st December 2020 the UK and its citizens are still subject to existing EU benefits, rules and regulations.
However, if you live in France, Spain, Luxembourg or Belgium, 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.
As a result, when the transition period ends (with or without trade agreements), 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
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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.
