3 Big Tax Savings for the Family of Overseas Property Investors
Have you ever had the experience in your family where someone died, or divorced, or remarried leading to a family dispute arose over Property. Where someone within the family fears losing their share of an inheritance, or want to grab it, at the expense of the family membersintended or rightfully beneficiaries.
I have and it is so sad. The loved ones, and future generations, you tried to protect and secure, see their home and finacial security undermined with the family squabble. This is why we make a will or consider life time gifts to ensure your wishes are carried out.
EU Changes to Succession
Changes in European Laws of succession have thrown any plans made up in the air. Expats owning Overseas Property in an EU country could now be subject to forced heirship where only blood or married relatives can benefit - leading to confusion and disputes down the line.
Unmarried couples, children of second marriages, divorced partners, second marriage couples have now got to review there overseas property ownership or risk loss of assets and wealth when something changes.
CONTACT US FOR A REVIEW OF YOUR OVERSEA PROPERTY
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Currency Joy Exchange Rates Buoyed
Currency Joy Exchange Rates Buoyed
EU Brexit for Expats: 5 Benefits for Expats Living and Working Abroad As by the Weakening of the Euro
Sam Orgill of ProACT Partnership considers the Exchange Rate Adjustment and implications of EU Brexit for Expats Living and Working Abroad
Eurozone Economy Weakness
As the EU economic zone continues to stutter with structural banking an debt reforms the Euro hits a barrier as Italy emerges as the country of focus in world finance
An Italian Economy weighed down by bad debt that has not be reformed an updated. The Italian referendum on their governments proposed reforms that have been rejected. This has weakened the Euro on the world markets.
Sterling has strengthened, Euro is Weaker:
GBP£1 = Euro1.20 , USD $1 = Euro 0.95, Rouble RR 1 = Euro0.015
5 Benefits for Expats Living and Working Abroad
5 Ways You Will Protect Your Pensions, Property, Investment Overseas
SAM ORGILL OF ProACT PARTNERSHIP HOW TO MAKE OVERSEAS TAX SAVING FOR EXPATS
The EU changes to Succession mean Expats must make written changes to their Will to avoid forced heir-ship and retain financial control of their affairs on first death. Overseas Property Investors are most at risk with more than one country rules affecting inheritance and succession.
This can be done with a simple codicil or with an updated Will. Our View is that a codicil is risky. A separate codicil document could be valid, but it increases the potential of being misplaced or not accepted or not being consistent with the Will.
Make a Full Review of Overseas Property Investment Pensions with the Expat Experts.
5 Ways to Save Inheritance Tax on Overseas Property Investment - Works for Capital Gains Tax Too !!
5 Ways to Save Inheritance Tax on Overseas Property Investment - Works for Capital Gains Tax Too !!
ProACT Sam Orgill www.proactpartnership.com Gives you 5 ways to Save Inheritance Tax or Capital Gains Tax being paid on your Overseas Property Investment.
The time to protect your overseas property investment for tax savings is before your need to let it go. Whether you sell, give away or die there are potential inheritance or Capital Gains Taxes. If your Business gets in trouble you can ring fence your overseas property investment from creditors. You may lose your health and need long term care, again personal assets can be drained to pay medical or nursing home care fees.
CLICK HERE to Read the Full Article 5-ways-to-save-inheritance-tax-on-overseas-property-investment-works-for-capital-gains-tax-too
Whatever the reason to move on and the transfer of the overseas property investment (or business) there is a potential tax liability. Capital Gains and Inheritance Tax Savings of up to 40% can be achieved if you plan ahead and organise your assets in a tax efficient manner. By looking forward, planning ahead you can save thousands in tax when selling overseas property.
CLICK HERE to Read the Full Article 5-ways-to-save-inheritance-tax-on-overseas-property-investment-works-for-capital-gains-tax-too
6 Reasons to Make a Will for Overseas Property Investment
6 Reasons to Make a Will for Overseas Property Investment from
Sam Orgill www.proactpartnership.com
To Protect Family Assets from Expense, Delay, Capital + Inheritance Tax Savings
What gets missed, in the excitement and enthusiasm of Overseas Property Investment is the exit strategy if something goes wrong.
Overseas Property Investment is a dream but can become a better investment with lower property taxes and avoiding the cost and delay of probate on first death.
CONTACT US info@proactpartnership.com
6 Reasons to Make a Will Trust to Protect Overseas Property Investment
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EU Brexit - 16 Countries Outside the EU where Pension Inflation Indexing Remains
EU Brexit - 16 Countries Outside the EU where Pension Inflation Indexing Remains
All EU Countries have reciprocal agreements for inflation indexing pensions for Expats living and working abroad.
Where will you choose to live in retirement and receive inflation proofing on your pension?
CLICK HERE TO REGISTER & RECEIVE PENSION INDEXATION REPORT
EU Brexit for Expats - Potential Impact on State Pension Indexing
Expats Living and Retired Abroad can receive indexed UK state pensions if they live in a country with a reciprocal agreement for pension indexation. That includes all the EU Countries, so with EU Brexit - what happens to Expats Receiving UK State Pensions?
Whatever the manner of UK Brexit from the EU, Overseas Tax on Pensions paid offshore will continue to be determined by the relevant double taxation treaty - for better or worse.
CLICK HERE TO REGISTER & RECEIVE PENSION INDEXATION REPORT
What EU Brexit Will Change for Expats
What EU Brexit Will Change for Expats ?
With or Without EU Brexit for Expats when owning overseas property or business in EUland you must make written changes for your wishes to be possible.
To choose how you settle your affairs when you die - who gets what - and how much inheritance tax is paid find out more.
Register to Receive Free Tax Saving Tips for Expats Living and Working Abroad or Investing in Offshore Property Business Relocation
Register and subscribe to Free Tax Saving Tips from Expat Experts Click here
Further Updates can be viewed at:
ProACT Partnership Tax Saving Expat Experts
ProACT Partnership Tax Saving Expat Experts offer a wealth of experience for families, consultants, professionals and the retired, Living and Working Abroad , Relocating Overseas and Investing in Offshore Property Business and Relocation.
We offer Free Tips and Expatriate Advice on How Too......
TAX - WILLS TRUSTS & ESTATES - IMMIGRATION - PROPERTY - INVESTMENT - BUSINESS - PENSION - MEDICAL
Register to Receive Free Tax Saving Tips for Expats Living and Working Abroad or Investing in Offshore Property Business Relocation
Register and subscribe to Free Tax Saving Tips from Expat Experts Click here
Reclaiming Immovable Property Cyprus Tax Savings
Reclaiming Immovable Property Tax
Sam Orgill www.proactpartnership.com
How to reclaim immovable property tax on Cyprus Property
Big changes in Immovable Property Tax (IMPT) on Cyprus Property mean that tax savings are available for Expats owning Cyprus Property. Big changes mean IMPT tax savings and rebates are now available for Cyprus Property Owners.
If you own a property with only a contract of sale , since 2014 you are responsible for immovable property tax and should be registered. This tax is paid through the income tax office. If not you could pay a higher rate of tax to the developer. Register as the IMPT payer to save expensive bills from a developer.