In our global world, many UK individuals choose to live and work overseas for a period of months or years. The decision to move abroad has many implications, affecting finances, housing, family matters and much more.
British expats intending to retire or work abroad have a myriad of different matters to consider before they leave the UK. Once abroad it may be too late to rectify omissions and oversights. The financial consequences of doing the wrong thing can be dire. One important factor of the financial implications of working and retiring abroad is, if overlooked, costly in terms of excessive taxes paid, reduced pension entitlement, lack of insurance protection and so on.