Ten things your expat clients need to know

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Do you have clients moving abroad for a new job or a retirement in the sun? Gavin Pluck, European director at Guardian Wealth Management, points out the top ten things to tell them before they go.

1. Do not underestimating the cost of living People tend to budget for food, utilities and other essentials on a like-for-like basis with their home domicile. Countries such as Switzerland, for example, can be horrendously more expensive than the UK.   2. Do not underestimating moving costs Between budgeting and moving there may be external changes, such as in foreign exchange rates and local cost of living increases. People are often caught out by one-off and fixed costs for legal services and expenses around property purchase or rental.   3. Live within your means For th...

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