As an increasing number of Britons look to retire abroad Sarah Albury outlines the issues they need to consider if they are not to fall foul of inheritance tax rules
Currently 5.5 million Britons live abroad and it is anticipated that a further million will leave the country by 2011. If this trend continues (and a recent survey revealed that nearly half of Britons would rather spend their retirement abroad) three million pensioners will have left by 2050. This so called "silver flight" offers a unique opportunity to those UK intermediaries advising in this area to help their clients to start planning now so that their present hope to retire abroad can become their future reality. There are many aspects to this planning. Intending emigres tend to foc...
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