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[Podcast] Overseas Property, Inheritance & Brexit - What Could Go Wrong ?
ProACT Sam in the Living and Working Abroad podcast for Expat Family and Overseas Business looks at what could go wrong to Overseas Property, Business and Investment assets and how EU Brexit for Expats give this a new twist.
Stay Calm Exchange Rates : EU Brexit for Expats
Stay Calm and Carry On Exchanging Currency
Forget the headlines. Exchange rates go up and down but on average they don't change much.
Do not let the headlines scare you. A headline exchange rate GBP : EURO of 1.20 exchange rate is in line with exchange rates between 2012 / 13 / 14.
This rate is better than 2009 / 10 / 11.
Inheritance Tax Changes Keep Coming for Expats Property
Sam Orgill of ProACT Partnership current Inheritance Tax Saving Tips for Expats Property Owners & Investors
Changes Keep Coming
Inheritance Tax changes mean that you must settle your world-wide estate in the country you habitually ‘live’. This could be different to the country of your tax residence AND the country of your tax domicile (‘where you are from’)
Cyprus has 0% inheritance tax (IHT) so is a better place to pay inheritance tax than the UK where 40% applies. This depends on your domicile. Cyprus now define your domicile in law. If you are Cyprus Domiciled you pay 0% IHT.
You can ensure an Inheritance Tax Saving of 40% by taking action today