SJP British

Transparent and personalised financial planning.

With our DNA in the UK, as well as our 30 years of experience supporting British expatriates in Asia, our financial advisors know that transparency and personalisation are at the top of UK expats’ wishlist.

Third on the wishlist, is the convenience of a one-stop-shop that covers everything from moving money across borders, to planning for retirement. And that’s exactly what St. James’s Place does best.

Does the financial advice you’re getting translate across borders?

Helping British expats take charge of their finances

Financial planning abroad can feel a lot like a game of whack-a-mole. To maximise your wealth there are different taxation laws to navigate, inflationary pressures to combat, and risks from foreign exchange to avoid.

Cross-border financial solutions
Overcoming complex taxation matters
Combating rising inflationary pressure
Maximising wealth opportunities
Minimising foreign exchange risks

Watch our selection of on-demand video guides for more information.

Retirement planning for British expatriates

Effective retirement planning as a British expat in Hong Kong requires a comprehensive approach that considers your desired lifestyle, retirement age, estimated expenses and the tax implications across jurisdictions. This includes diversifying investments, exploring international retirement plans, and staying informed about UK and Hong Kong pension regulations. Navigating these complexities is key to securing a comfortable retirement.


UK pension options

As a British expat, you have several options for managing your UK pensions while living abroad. You may be able to continue contributing to your existing UK pension schemes if eligible, such as personal pensions, workplace pensions and the State Pension. However, it's crucial to understand the specific rules and tax implications associated with each option, as these can vary depending on your circumstances and the type of pension scheme.

Investment strategies for British expats

Investing wisely is crucial for achieving your financial goals, especially as a British expat in Hong Kong. Understanding the global investment landscape and managing risks effectively can help you make informed decisions and grow your wealth.


Global investment opportunities

Explore a wide range of investment opportunities that are tax-efficient for British expats. This may include diversifying your portfolio across different asset classes, such as equities and bonds, and considering investments in various regions and currencies. It's essential to seek guidance from a UK expat financial adviser to understand the tax implications and to optimise your investment planning strategies.


Risk management

Managing investment risks is paramount, especially when investing as an expat. This includes understanding and mitigating currency risk, which can significantly impact your returns due to exchange rate fluctuations. It's also important to manage market volatility and diversify your investments to reduce your overall risk exposure.


Region-specific investment advice

Tailored advice is crucial for investing offshore. Consider factors such as local market conditions, tax regulations and investment opportunities specific to the region. A financial adviser who specialises in working with UK expats in St. James’s Place can provide valuable insights and guidance to help you make informed investment decisions.

 

Tax planning and optimisation

Tax planning is a crucial aspect of financial planning. Understanding the complexities of different tax systems can help you optimise your financial situation and minimise your tax liabilities.


Understanding tax obligations

Understanding your tax obligations is crucial for effective financial planning, especially for British expats in Hong Kong. You may have tax liabilities in both the UK and Hong Kong, and it's important to be aware of the rules and regulations in each jurisdiction. Seeking guidance from a UK expat financial adviser can help you navigate these complexities, and ensure you meet your tax obligations while optimising your financial situation.


Tax-efficient investment strategies

Creating a tax-efficient investment portfolio is essential for maximising your returns and minimising your tax burden. This may involve utilising tax-advantaged investment accounts and understanding the tax implications of different investment types. A financial adviser specialising in working with UK expats can help you develop a strategy that aligns with your financial goals and minimises your tax liabilities.


Estate and inheritance tax planning 

Estate planning and inheritance tax planning are crucial aspects of financial planning for British expats. It involves understanding the UK inheritance tax rules and any applicable taxes in your country of residence. Strategies such as gifting, trusts and careful estate structuring can help minimise potential inheritance taxes, and help ensure your wealth is passed on to your beneficiaries according to your wishes.
 

Frequently asked questions about financial advice for British expats in Singapore

Is my life insurance in the UK still valid while I am living in Singapore?
Can I access National Health Service (NHS) care when I’m living in Singapore but visiting the UK?
Can I still keep my UK Individual Savings Account (ISA) while living in Singapore?
Will I be eligible for a UK State Pension as UK expats?
Can I still contribute to my UK Pension as a British expat?
Is my UK life insurance still valid while I am living in Hong Kong?
Can I access National Health Service (NHS) care when I’m living in Hong Kong but visiting the UK?
Can I still keep my UK ISAs while living in Hong Kong?
Will I be eligible for a UK State Pension?
Can I still contribute to my UK Pension as a British expat?

Frequently asked financial questions by British expatriates in Asia

1. Is my UK life insurance still valid while I am living in Asia?
2. Can I access National Health Service (NHS) care when I’m living in Asia but visiting the UK?
3. Can I still keep my UK ISAs while living in Asia?
4. Will I be eligible for a UK State Pension?
5. Can I still contribute to my UK Pension as a British Expat?

Expatriates in UAE

Being an expatriate in the UAE has advantages and disadvantages that differ from person to person.

The most important thing is to make sure that you’re aware of the financial implications and the benefits that you can enjoy whilst residing offshore.

To get you started St. James’s Place has created a simple test for UK expatriates so you can find out how well you’re managing your finances and identify any gaps you need to fill so that you're better protected.

In this test you will learn more about:

  • Your tax obligations while abroad
  • Managing your UK property
  • Protecting your family and assets
  • Maximising your retirement

Take the test

Watch our selection of on-demand video guides for more information.

 

The value of an investment with St. James’s Place will be directly linked to the performance of the funds selected and may fall as well as rise. You may get back less than the amount invested.

The levels and bases of taxation and reliefs from taxation can change at any time. The value of any tax relief depends on individual circumstances. You are advised to seek independent tax advice from suitably qualified professionals before making any decision as to the tax implications of any investment.

Life changes are scary. But regret is scarier.
Let’s talk about your financial future