Beacon Global Wealth News

The provisional bands and rates for 2021 for 2020 household income are below and are subject to parliamentary approval in December 2020. The income levels in each band will increase by 0.2% for inflation, but for two bands the maximum income figure has been reduced as...

To apply for the new France Residency Card online, you need to go to the following French government site https://contacts-demarches.interieur.gouv.fr/brexit/brexit-demande-titre-sejour/, before you apply you will need to prepare the documents that are needed to...

If you are already France tax residents (or moving to France) and you take financial advice from the UK or your investments are still UK based, what do you need to think about as the end of the Brexit transition period approaches? Reassuringly, citizens’ rights for UK...

https://brexit.gouv.fr/sites/brexit/accueil/vous-etes-britannique-en.html “How to prepare for Brexit? Following the ratification of the withdrawal agreement, the United Kingdom’s exit from the European Union took effect on 1 February 2020. This agreement provides for...

When I first became an advisor in France more than ten years ago, the single most important criteria for those moving to France  was protecting capital due to the different inheritance rules here. Almost exclusively our clients were of a certain age and retiring to...

Well over one Trillion Euros (well over one Million, Million Euros) is now held in Assurance Vie (AV) policies and life insurance remains the preferred investment for French tax residents. Although the idea was born in the middle of the 17th century, the Assurance Vie...

It’s not about timing the market, it’s about time spent in the market In today’s low interest rate environment (and if it is at all possible, interest rates now seem to be getting even lower!), to achieve any growth a measured amount of risk has to be taken, meaning...

    The French Government have just issued the following update: Saisine des services de l'Étatpar voie électronique The website ONLINE PROCEDURE TO REQUEST A RESIDENCE PERMIT FOR BRITISH CITIZENS RESIDING IN FRANCE BEFORE THE UNITED KINGDOM’S WITHDRAWAL...

I’ve been giving financial advice to English speaking clients who live outside of their home country now for the last 23 years (of which the last 13 years in France) and they certainly are a varied bunch of folks Some have settled into their new country and new...

For whom is this service meant? This online service is meant for British citizens as well as their family members (spouse, children and parents of British nationality or third-country nationals residing on the French territory before the United Kingdom’s withdrawal...

It is the time of year when we find out what tax changes we will charged in the following year and wait for parliament to debate and finalise the proposed budget. President Macron’s government has announced €9 billion worth of tax cuts for families in France. France’s...

Up until now, British passport holders have been able to live in France and elsewhere in Europe with no Visa and no formal requirement to prove they have the means to live here. This is all likely to change with the UK leaving the EU. Current guidelines state that...

If you’re an expat living in France and wish to remain there post-Brexit, here are a few pieces of information you should know from the UK government website:

When your main home/principal residence is in France and you are a tax resident in France it is a legal obligation that you declare all your world/global income and capital gains

Rental income is always taxed in the UK using individual personal allowances 2018/19 = £11,850. So, you can receive £23,700 between you with no income tax to pay.

Did you know that there are different type of financial advisors?
When you search for a financial advisor, how can you be assured that they are right for you?

France: Principal tax rates 2019 (for income in 2018)

In the UK there is a 7-year survival period on gifts

Increasingly we find our clients interested in ethical and sustainable investments and we have undertaken much research and work in this area.

For people living in France, the Assurance Vie (life insurance) is considered one of the best ways to invest money and organise your inheritance

If you receive a French based regular income such as salary or pension, PAYE (pay as you earn) a tax payment at source is to be introduced.

What is a US Connected Person
Were you born in the USA? Do you own a US passport? Have you lived in the USA? Have you worked in the USA? If you answer yes to any or all of these questions, then it is highly likely you are a US Connected person.

Bad financial advice can be devastating, here are 5 points to consider when looking for a financial planner. 

In all the excitement of moving to France, it’s easy to forget something important. So here’s a list of some of the things you should do before leaving the UK