As a financially astute expat, aware that your UK non-residency opens up the financial marketplace to you, perhaps you’re wondering whether you really should commit to investing abroad.
After all, it’s one thing to appreciate that you have an opportunity, but it’s quite another to be certain that the opportunity is personally appropriate.
With expert international financial advice you’re likely to find the right path for your money, but in general terms there are 3 significantly solid reasons why you should at least consider investing abroad.
1. True Diversification
They key to financial success is said to lie in successfully diversifying a portfolio. Well, as an expat you’re free to diversify far more broadly than the average Brit back home.
You can diversify across commodities, countries, currencies, markets etc., and choose each and every opportunity according to your own risk profile and financial position and goals.
Through considered international diversification you can achieve an extremely well balanced portfolio.
2. Higher Growth, Higher Income
Invest globally and you can access higher growth emerging markets, or higher yielding bond markets, and enjoy returns no longer possible in the UK.
Whereas if you remain onshore in the UK you will find a market that’s considered as mature as it is sluggish, and you will see income from bond yields that’s negligible nowadays.
To advance the rate of growth your wealth can potentially enjoy, look abroad.
Why restrict your future financial success by leaving your wealth tied to Britain’s dawdling economy?
3. A Whole World Of Opportunity
Britain represent just about 3 or 4% of global GDP, which means that if you limit your investments to the UK, you’re restricting them terribly.
What’s more, whilst the UK is home to plenty of solid companies, more globally leading enterprises are found if you look beyond Britain’s borders.
As a result, why limit your investment success to the few opportunities you have in Britain, when the next big thing could be anywhere else in the world.
You’ve moved abroad to discover a whole new world for yourself; the same holds true for your finances – i.e., there is a whole world of opportunity out there for the exploring and the taking.
The potential you have for your future financial success is truly significant now that you’re living abroad. There are even structures available to help shield your investments from taxation erosion or excess scrutiny. In addition, you may be able to position your wealth in such a way that it is secure for future generations. To make the most of the opportunities available to you it is imperative you seek regulated expert advice from an international financial adviser.