Offshore Bank Account and Savings Latest News and Reviews

The latest fabulous Expat Explorer Survey from HSBC is out – we love this survey because apart from our own research, it comes closest to getting broad and detailed feedback from as many expatriates as possible.  HSBC break their findings down into bite-sized pieces, and their first instalment is all about expatriate economics.

From the survey it’s clear that the east/west divide in terms of expatriate wealth is becoming even more pronounced.  Those expats living, working or retired in Europe struggle more nowadays monetarily speaking, whilst those in the likes of Russia, the Middle East and even India and China are getting wealthier and wealthier…

However, the most striking conclusion that can be drawn from this instalment of the survey is that expatriates are still not aware of their offshore advantage, and they are failing to embrace the opportunities legitimately available to them to advance, enhance, protect and effectively manage their wealth.  Why is this…?  Well, we have a feeling it’s because expats aren’t sure where to get qualified and quality advice.

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Over half of the Britons surveyed recently by Aon Consulting revealed that they would like to retire abroad.  From the weather to the economy, we Britons are fed up with many aspects of life in the UK and we want out when it comes to our retirement years!

Are you too thinking about leaving these shores for a new life overseas when you come to retire?  Would you like the sun of Spain or Cyprus, the culture of Italy, the majesty of Portugal or have you got your sights set somewhere further afield?  Australia?  New Zealand or perhaps even South America?

One thing that will be uppermost in your mind if you are planning to or dreaming of retirement abroad - other than your ultimate relocation destination of course - is having enough in the bank to fund your retirement.  So, today we’re going to look at 7 ways you can make your pension go further so that you can retire abroad and enjoy a great standard of living.

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A new survey has revealed that far from it being a fact that earning more and more money makes you happier and happier, you need to be in control of your money and managing it more successfully for you to be anywhere near happy! 

So naturally there’s a lesson in there for all of us – taking control of our finances is key to our success and emotional wellbeing in life, and as an expat there are plenty of novel ways to get to grips with money matters much more effectively than when you were back onshore and a slave to HMRC.

If managing money is the key to expat happiness, the offshore world of savings and investment products must be how you access that key.  In this report we’re going to explore the statistics that reveal how having control of your wealth is important for your wellbeing, and we will show you how expatriates have an advantage when it comes to getting in control of their finances.

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