Expat Wealth

Is Offshore Investing Right For American and British Expatriates ?

Expats living and working overseas eventually have to grapple with the question of what to do about savings and investing. For those of you who aren’t earning or saving anything – well you clearly have a different set of priorities to deal with in the short term. But for those of you who are earning more than you spend here in Shanghai, then you have to make a decision about where the money should go. Is offshore investing for you? ...

Expat Offshore Banking – Your Solution to Your Money

Being an expat there will always be a problem with managing your money in a good way and this article will show you how expat offshore banking can be a solution to your savings. It is true that with the new status in a foreign country there will be a lot of things to take care of, not to mention that you will probably have hard times to adjust to the new living circumstances. But the matter of your hard ...

Expat Emergencies: Building an Expat Emergency Fund

An emergency fund is just as it sounds. A fund of money set aside just in case you really need access to money at short notice. Keep the money in a separate bank account with instant access. As a general rule, the financial community feels that the amount you should have set aside should be equivalent to three months worth of your income. Some advisers would counsel you to keep six months of income aside. This might sound like a ...

Why do Expatriates need a Financial Planner ?

If you were asked to drive from Paris to Rome would you just get in the car and hope for the best, or would you buy a map and plan your route so that you have an idea of how long it will take, and can plan for detours – both chosen and unexpected? For almost all of us, the answer would be to buy a map. Then why is it that so many people can go to the trouble ...

Expat Retirement Planning: How much do you need?

Regrettably, most people do not want to think about the answer. It will be costly. I cannot help that. After all it is what YOU want, not me. But let us think about it. I assume that people try to play down their needs to me on the assumption that either I will believe them, I will make them save less (as if that is my decision anyway) or will think that they are not worth the time and I ...

Expats need an Investment Strategy

Not too long ago everyone was talking about great ideas for making money – stock markets, real estate, emerging market funds, A share trading… Even people A LOT less smart than you seemed to be doing great. Now, however, the markets are unpredictable and the economic news is frightening. Investing is always less sexy when the charts aren’t heading up, but that can be just when you should pay the most attention. If you have money in real estate or ...

American Expat Tax Returns – Winning with IRS

Failing to report large amounts of income on the expat tax return will definitely result in doing time, a situation that is not desirable by any of the new comers in a foreign country. This is why it is important to find out more about IRS and how you can deal with them in a decent way. One thing that you should know of is that those expats living in USA should include in their tax return one or both ...

Expat Wealth Management Mistakes to Avoid

The status of an expat is more often than not an exciting experience but there are many wealth management mistakes that you can make if you do not take the cautionary measures. This article will introduce you to these mistakes in order to be able to avoid making them in the future: * One mistake would be not to seek financial advice especially with matters that relate to managing your money when it needs to be connected to financial institutions ...

Expatriate Banking a key part of the expat relocation process

Expat banking is a topic that many people deciding to live abroad needs to learn about as this fact is part of their everyday living. There are so many things that you as an expat should take care of even before leaving your home country not to mention the things that you need to deal with upon your arrival in that different country. Financial planning is definitely one of the things that must be considered because from this fact you ...

Buy Low – Sell High. Easier Said than Done, but Worth the Effort.

Buy low, sell high. Its sounds so simple that even a child could understand, but turning the principle into action is a difficult matter. That’s why many investors are standing on the sidelines right now – paralyzed by indecision and waiting for a clear buy sign. Unfortunately for many of us, the clear sign that we’re waiting for will be that prices have returned to their former high levels and that another buying opportunity is well and truly gone. The ugly fact is ...