Are you a US citizen planning to move to the UK? This webinar covers the essentials you need to know, from moving your money, to understanding your tax obligations, to preparing yourself to adapt to British culture.
This webinar provides helpful information if you have recently moved to the UK, but also general guidance if you're considering moving to the EU - although the specifics around tax and culture will be focussed on UK matters.
What the webinar covers:
Navigating Currency Exchange: Understanding the factors impacting currency exchange is essential when you move abroad. We explore the most effective ways to transfer larger amounts of money between the US and the UK, as well as ways to minimise costs for daily transactions and avoid sneaky hidden fees.
Understanding Tax Essentials: Taxation can feel complicated when you’re moving from the US to the UK, with obligations to meet in both countries. We outline how to prevent double taxation on your income and outline your tax responsibilities in both countries to ensure you stay compliant and avoid penalties.
Minimising Culture Shock: Moving from the US to the UK involves more than just financial and tax planning, there are cultural differences and emotional elements to navigate too. We share tips for finding housing, accessing local services, and discovering your new community to ensure your life in the UK is everything you wanted.
About our experts:
David Hugget, Lucid Financial Markets
David has worked in the foreign exchange industry for 12+ years and seen first-hand just how murky this industry can seem and how stressful it can be to send large amounts of money around the world without the proper guidance. Lucid Financial Markets’ mission is to demystify the FX industry – so you can understand fully what’s happening and why – and give you the confidence that the transaction you’re making is the right one.
Jamie Favell, Tax Advisory Partnership
Jamie is the Head of Private Client Tax at Tax Advisory Partnership, a leading specialist tax firm employing over 40 qualified tax professionals and with offices in London and Leeds. The private client team specialises in international private client tax matters with a focus on the taxation of UK and US taxpayers.
Amy Morton, AIM Coaching
Having worked in the global mobility industry for 10 years, Amy supports expats to successfully integrate abroad without weeks of overwhelm, stress and isolation. Through coaching and practical support, she ensures her clients navigate the expat journey with confidence.
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If you're looking for advice in other areas of expat tax, finance and wealth management, visit [ Ссылка ] where you'll find plenty of blogs, guides and resources.
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