A pension plan is just as important for an expatriate as it is to someone living and working in their own country. It's all about protecting your future and that's exactly what an offshore international pension plan can do for an expat.
Life as an expat is usually a little more unpredictable then normal, so you're generally less likely to know exactly when you'll retire. This is especially true for those who regularly move from one international location to another.
An international pension plan doesn't tie you to a specific retirement age, so you're free to retire as and when it suits you. An important point to make now though is that the sooner you start it the more chance you'll get to build up a bigger sum to retire on.
The money you invest in an international pension plan is held in one or more offshore funds that aren't normally subject to income or capital gains tax. This gives your international pension plan the potential to grow bigger and faster.
You can usually choose from a range of funds, which means it's vital you get the right help when picking the right ones for your international pension plan. And this is equally true when it comes to reviewing your international pension plan at some point in the future.
That's where Bellwood Prestbury International Insurance Services come in - we'll help you every step of the way. As qualified investment advisers, we're regulated in the UK by the Financial Services Authority to give investment advice.
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Case Study
Dutch expat Willem Janssen had lived in Indonesia for nearly five years before he started considering his future pension arrangements. He'd never expected to stay so long, but time was passing by and it was becoming less and less likely he'd return to his homeland any time soon. A friend suggested he should start saving for his future, as he would do at home. He approached Bellwood Prestbury International Insurance Services through our website, asking what his international options were and how much he'd pay every month. We found him a suitable offshore international pension plan with a well known international insurance company, so now he knows his long-term future as an expatriate is far more secure.
Willem Janssen, International primary school teacher