Top 6 things every Expat in UK should know!

An Expatriate often shortened as expat is a person temporarily or permanently living in a country other than that of the person’s upbringing. To find out more read this

1. Tax benefits for Expats – your residency status.

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Non-residents have a big tax advantage over residents. The relatively new Statutory Residence Test helps you and the taxman establish if you are truly UK non-resident. Click Guide for more information on this test.

 2. HSBC  bank has a service especially for expats.[Special banking services for Expats]

They have a range of services specifically made for expats. From relationship balance to fees and charges, HMRC disclosure and European savings directive. Click HSBC for more information on this service.

 3. Family Reunification for Expats

Your partner or child can apply or join you in the Uk if you were separated or forced to leave your country and if they are eligible to stay in the UK. Click Family for more information.

4.Your Pensions and Benefits.

Most EU countries give access to most components of their social benefits system, usually including health based on a number of factors. Contribution to the system, have children, refugee etc. Read more

5. National Insurance.

If you have large gaps in the history of paying national insurance contributions you will not be eligible for a full state pensions or a reduced level of pension when retired. For more click  Information                                                                                                                                  Image 

 6. Keeping important information safe-n-secure

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All copies of your relevant documents such as scanned images of your  passports and visas, national insurance numbers, deeds to properties etc should be stored securely and safely. With companies such as PlannedDeparture we make it our priority to store any digital information important to you.

 Sign up for a free trial today.

 

 

Author: Planned Departure

Living and working in this digital era, our social media accounts – from Facebook, Twitter, Flickr to the likes of Pinterest – are increasing not only in number but also in volume. Additionally, many of us have domain names registered and libraries of movies, digital music and e-Books that can be of significant value. And let's not forget about Bitcoin and other virtual currencies! For the majority of us, these accounts and digital assets are likely to outlive us. And when we die, it is left up to family members and estate executors to sift through them all. Furthermore, even though they may have all the required passwords necessary for these accounts, many heirs will discover that they have no clear authority to access, or even to manage, the online accounts of their deceased loved ones. With the value of individuals' digital assets globally measured in the hundreds of billions of dollars, planning for the protection of our digital assets has moved to centre stage. It is essential that our online and social media accounts are included as part of the estate planning process. Failure to do so may not only deprive those we leave behind of fond memories and (possibly) a little nest egg, it could also leave us vulnerable to postmortem identity theft if fraudsters get to use our personal details to apply for credit facilities whilst our accounts remain unguarded. Planned Departure resolves these issues. We provide you with the ability not only to protect your digital assets, but also to clearly indicate who can access your online accounts and who should benefit from them. Create piece of mind today by registering with us in one quick and easy process.

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