Raising a family can be costly but there are still ways you can manage to save. Managing your family’s finances needn’t be a complicated affair, sometimes the simplest tips can make a difference to your
I have been receiving an increased flow of enquires from UK companies and UK citizens that want to move to Ireland to avoid BREXIT. I thought it was worthwhile writing about one of the main sources of questions I receive, that is, buying a property in Ireland.
Jill Kerby has been a successful personal finance journalist for over 25 years. She has worked for The Irish Times, The Sunday Times, Business and Finance magazine and has been a regular commentator on radio and television. She edited Irish Pensions magazine for the IAPF for 10 years and her popular MoneyTimes column appears weekly in a dozen regional newspapers. She is an outspoken consumer advocate and educator, so I was delighted that she agreed to chat to me about life, money and happiness or even the “absence of unhappiness” as she likes to term it.
Bruce Kluk runs a boutique financial advisory business, nestled in the heart of a quiet leafy street in beautiful Double Bay, Sydney Australia. Yet from his third floor office looking on to the park, his firms manages the financial affairs of some of the most successful people in Australia. They have come to Bruce and his team for guidance, ignoring the pleas of advisers from large financial institutions and the super slick private banks.
When I first conceived of this idea to interview successful people about their happiness, Vincent O’Connor my former headmaster at the Newmarket boys school, Cork was first on the list. A person that I don’t think I have met his peer in the 30 odd years that have passed. His primary school 5th and 6th classes were more akin to going to a university tutorial with an enlightened lecturer. His broad based approach to education inspired his students to be inquisitive and to challenge themselves.
Being a UK expatriate in Ireland means that there is an additional layer of complexity in managing your financial planning no matter how long it is since you have lived in the UK. This White Paper discusses the key financial planning issues of Tax, Investments, Property, Pensions, Inheritance taxes, Estate Planning, Insurance and State Benefits that need to be considered if you are a UK expatriate living in Ireland. Click image or here for more.
Being an Expatriate opens up a whole world of opportunities but it also brings complexity, having to deal with the legislative, products and taxes of two or more countries can brings its own headaches and can lead to expensive missteps.
One of the more complex areas even for professionals is gaining an understanding of residency rules and how they are interact with overseas jurisdictions. I thought a good starting point is look at what are the rules in Ireland and some of the significant implications from an Irish perspective.