Tuesday, 07 February 2012
Home Retirement Living Overseas Opportunities
What you need to know about moving overseas

overseas_livingAs a UK national, you have the right to live in any European Economic Area (EEA) country. If you intend to move to any other country, you should first visit the British Embassy website of that country for further information.

 

Tax, benefits and pensions

 

Before you move, you can:

  • get a State Pension forecast - you can download form BR19 online or request one from your local Job centre Plus
  • ask HM Revenue & Customs for information about your tax liability on any income over the UK personal allowance, UK tax payable from abroad can vary depending on where you decide to live
  • if you are retiring abroad seek independent tax advice about the benefits of offshore banking, as this could reduce your tax liability depending on where you are living
  • inform your social security office, HM Revenue & Customs National Insurance Contributions Office (International Services) and the Department for Work and Pensions when you move and provide your contact details abroad

 

Health

 

Here are some of the things you could consider doing to protect your healthcare needs:

  • find out about welfare rights abroad; some UK benefits are not payable outside the UK, others apply only in the EU or in countries which have agreements with the UK
  • find out about healthcare costs in the country you want to move to
  • you are strongly advised to take out health insurance if appropriate to cover private medical and dental treatment, as well as medical repatriation to the UK
  • inform your and your family's doctor, dentist and other relevant practitioners

 

Your home and family

 

Things to remember:

  • if you decide to keep your property in the UK and it is going to be empty or rented out, you will need to let your mortgage lender, insurance providers know
  • look at how the property can be kept secure while you are away, visit the link below for more advice
  • contact your local council - their Council Tax department and electoral registration unit will need to know when you are leaving and a forwarding address
  • notify your utility companies that you are moving in order to get your final bills and provide a forwarding address for them to send you any outstanding payments or refunds
  • tell your bank, building society or any financial institution that you have a policy or agreement with that you are moving abroad
  • have your mail forwarded by asking for a re-direction form at a Post Office - allow enough time for this to be set up as it can take a few weeks
AddThis Social Bookmark Button
 

Free Overseas Opportunities Brochures


Escape2spainEscape2spain

If you require just one point of contact when it comes to locating your exact property match in Spain then we are here to help. We have relationships built over many years with the most reputable agents and developers in Spain. If you are not quite sure on your exact requirements we are here to guide you. If you already know exactly what you want but are struggling to find that perfect Spanish property, we will make use of our extensive contacts on the ground.
 
Please log in to request this brochure!

Your are currently browsing this site with Internet Explorer 6 (IE6).

Your current web browser must be updated to version 7 of Internet Explorer (IE7) to take advantage of all of template's capabilities.

Why should I upgrade to Internet Explorer 7? Microsoft has redesigned Internet Explorer from the ground up, with better security, new capabilities, and a whole new interface. Many changes resulted from the feedback of millions of users who tested prerelease versions of the new browser. The most compelling reason to upgrade is the improved security. The Internet of today is not the Internet of five years ago. There are dangers that simply didn't exist back in 2001, when Internet Explorer 6 was released to the world. Internet Explorer 7 makes surfing the web fundamentally safer by offering greater protection against viruses, spyware, and other online risks.

Get free downloads for Internet Explorer 7, including recommended updates as they become available. To download Internet Explorer 7 in the language of your choice, please visit the Internet Explorer 7 worldwide page.