Masterclass: How to advise clients moving abroad

PASSPORT

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Rebecca Jones takes a look at how advisers can help make a client's relocation as painless as possible.

There is little doubt that UK citizens are becoming more mobile. According to the Office for National Statistics, long-term emigration from the UK has increased “significantly” over the last decade, from around 363,000 people in 2002 to a peak of 427,000 in 2010. More importantly, far fewer British expatriates are retirees than might originally have been thought: of the 3.6 million people that emigrated between 2001 and 2011, two million were of working age. In addition, most of these working age émigrés defined their occupation as ‘professional or managerial’, i.e. those typically mo...

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