Whitepapers

US investors have pretty much engaged in a love affair with mutual funds, closed-end funds, money market funds, and exchange-traded funds (ETFs). All these investment vehicles provide access to a broad array of asset classes, often at a low cost. However, if the US investor living in the UK does not take preventative measures, the relatively low cost of such funds will not be sufficient to offset the high UK tax bill they could incur on realising gains.

US Social Security and UK State Pension benefits often form a cornerstone of an individual’s retirement planning strategy providing a foundational source of income that will supplement other retirement savings. However, they can be difficult to navigate for expat individuals. Within our latest whitepaper, we share some guidance on the basic principles of the US Social Security and UK State Pension systems for a US-UK connected individual.

For persons with connections to the US and the UK, the subject of inheritance tax is one that can be very important due to the large differential in the nil rate inheritance tax bands available in the UK as compared to the US. A lack of understanding about how inheritance tax works can end up costing beneficiaries hundreds of thousands, if not millions, of dollars.

Beginning your investment journey as an American citizen living in the UK can seem daunting. Whether learning to drive on the opposite side of the road or clarifying how His Majesty will tax your US investments, living in the UK can pose a unique set of challenges. Without the guidance of an experienced advisor or a playbook for dealing with those challenges, it can be very easy to succumb to inertia when thinking about important financial decisions. Within this whitepaper, we outline a roadmap of some key principles you should familiarise yourself with before setting sail on your investment journey as an American living in the UK.