Aaron

Aaron A Day is a well-traveled advocate for the offshore lifestyle, bringing a wealth of knowledge and a global perspective to readers seeking insights on international living and investment strategies. Based in Vancouver, he continues to inspire through his passion for exploring the financial frontiers beyond borders.

Export a UK Pension

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HMRC cannot restrict transfer of UK pension funds HMRC rules specifically states that you do not need to leave the U.K. to transfer your pension funds. Which means the HMRC cannot restrict transfer of pension funds. A transfer payment may be made either to the scheme administrator including persons responsible for administration of the QROPS, … Read more

Protecting Your Portfolio In A Turbulent Market

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Investment experts who predicted a turbulent stock market this year have seen their prophecies come true. One of the more recent examples came when a spike in long-term interest rates unnerved investors, sending major U.S. stock indexes on a downward clip. The volatility is expected to continue, and the dramatic ups and downs could leave … Read more

Institutional Investors Survey Report

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North American Institutional Investors to Plough Billions into Europe with a ‘Shopping List’ of Infrastructure and Property Projects Europe is now their Number One foreign investment target, followed by Asia and sub-Saharan Africa The demand for alternative investments is snowballing against the backdrop of a  low-interest climate It could be a lifeline for SMEs – … Read more

A Tax Strategy For Investment Real Estate Grows In Popularity

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Proponents Say 1031 Exchanges Are Good For The Economy, But Congress Eyes Repeal A popular tax-deferral strategy for people who deal in investment property could be in trouble as Congress ponders doing away with it. But already rescue efforts, such as letter-writing and lobbying campaigns, are afoot to counter any talk of repealing Section 1031 … Read more

Winning the Money Game

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The Prevailing Principle to Win the Money Game The Power of Compounding Pre-Tax Contributions and Accumulations: For example, a 10% return over 30 years will produce 4 times the accumulation of a 5% return. With marginal income tax rates approaching or exceeding 50 percent, interest in tax deferral has spiked. Many are familiar with the … Read more

Offshore Investment Programs for Chinese Residents

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A new scheme allowing Chinese individuals to invest in financial markets overseas will be launched this year at the Shanghai Free Trade Zone (FTZ). The program will also see authorities raising the annual quota of foreign exchange for Chinese residents, which is currently capped at 50,000 U.S. dollars a year. “We are working with state-level … Read more

Expats and Retirement Overseas

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Surveys have shown that more and more multinationals want to exercise control over their worldwide benefits programs at the Home Office level. The principal objectives are to manage costs and ensure compliance and competitiveness of their local benefits plans in each country. For most companies, this is easier said than done. For multinational companies, growing … Read more

A Foreign Account for Your IRA

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Setting up a foreign account without Unrelated Business Income Tax (UBIT) or distribution tax problem: Self-Directed IRA If you search around on the web, you will find that there are many companies offering Self-Directed IRAs. You will find little actionable information on government regulated, registered and recognized foreign pension funds, investment accounts or brokerage accounts. … Read more