Leaving The UK? Here's What Happens to Your ASSETS and Investments

[@TheHumblePenny]

Subscribe for more and share this video with others. Do you plan to leave the UK? if so, is it permanent or do you plan to live between the UK and another country? Comment below.

[@marylynebille.m9333]

Interesting indeed! Absolutely needed this info! THANK YOU!

[@Zee-jv1nb]

This is timely as I’m currently thinking about my routes moving forward.

[@TheHumblePenny]

Great stuff. Hope you enjoyed this video. Do share it with others.

[@oluwatosinoluyemi8816]

✈️ thank you for the insightful video

[@WaLeEd007]

Have been curious about this, thank you!

[@TheHumblePenny]

Glad it was helpful! Do share with others who need this knowledge.

[@SuperMastaba]

thank you very much 😊

[@TheHumblePenny]

You're welcome 😊

[@GistwithOdy]

Thank you Ken and Mary ❤

[@TheHumblePenny]

You're welcome 😊. Pls share with others.

[@abundancemindset777]

This was brilliant ! I often about the tax implications of these scenarios so thank you for clarifying ! ✈️

[@TheHumblePenny]

Great! Thanks for watching. Share this with others.

[@LD-vn3zu]

Great vlog! Thanks so much for the brilliant advice in such a succinct form.

[@TheHumblePenny]

Glad it was helpful!

[@SummerUnsolicited]

Thank you!

[@TheHumblePenny]

You're welcome!

[@pointblank8118]

Great video and timely for me as a UK expatriate presently in Australia. You have won my subscription. I have been scratching my head on best way to deal with the properties and investments left behind in the UK. Do you guys offer financial advice services?

[@TheHumblePenny]

Welcome aboard! We offer tailored 121 financial coaching here thehumblepenny.com/coaching

[@vicglo4165]

✈Really interesting to learn new things. Thanks for shedding more light...

[@TheHumblePenny]

You're welcome. Do share this video with others :)

[@ModesOfShan]

🛩️ With some dedicated planning leaving is possible. The continued depreciation of quality of life in the UK just reinforces my long term plan to chip. Great food for thought guys, thanks for sharing.

[@TheHumblePenny]

You're welcome. Definitely, dedicated planning is a must. Share this with others.

[@ydotspokez]

@@TheHumblePenny Please can you make a video on the pros and cons of moving abroad from a financial perspective in other English speaking countries vs the UK, if not done so already? If so, please can you share the link.

[@ymwan]

How does one maintain a UK bank account to access pensions and pay taxes once permanently moved abroad?

[@naiemiqbal2299]

Very good Vlog

[@TheHumblePenny]

Thank you 😊

[@NJH414]

Great content, will you advise James to move the gold and crypto from UK?

[@charmedsuperior2222]

Anyone with common-sense knows that this is a good time to leave immediately.

[@cleliofs]

How about the 25% tax free of your pension when you moved permanently? Do you loose it altogether?

[@TheHumblePenny]

You don't automatically lose your 25% lump sum simply by moving permanently abroad, as long as you remain in a UK pension scheme. However, if you transfer your pension into a QROPS, the tax free benefit might be altered or reduced depending on the specific rules of the new scheme.

[@legend6463]

Can't go to Spain for more than 90 days 😂

[@TheHumblePenny]

UK citizens can visit Spain for a maximum of 90 days within any 180-day period without needing a visa. If they exceed 90 days, they'd need to meet the Spanish government's entry requirements. Someone in Spain with a residence permit or long-stay visa does not count towards the 90-day visa-free limit. The point in the example in the video is that Sarah is deemed resident in the UK as she's stays 183 or more days in the UK.

[@z4keria]

✈

[@TheHumblePenny]

@@z4keria ☺️

[@HazvineiMutambirwa]

✈️

[@TheHumblePenny]

🙏🏽❤️

[@JayChi]

✈️✈️✈️✈️

[@TheHumblePenny]

Thanks for watching

[@colint8259]

Absolutely, for a few years I use a stock broker for the Ghana stock exchange on Index Funds, and Agri-Investments for farmers growing all types of crops with 15-25% variable returns. Country only investments as a non-resident. Same for Jamaica as a citizen. The banks will ask a requirement of TIN applications for tax for the stock investment accounts. These things are put in place to offset the likely taxation from my UK earnings. There is always a lot to consider before leaving 🛫...walk, don't run!

[@TheHumblePenny]

Thank you for sharing and showing some examples, too.

[@ydotspokez]

@@TheHumblePenny Please can you bring a guest like this onto one of your videos? It would be really useful for everyone to understand real-life case studies of such people.

[@LornaNevers]

✈️

[@TheHumblePenny]

Hope you enjoyed it

[@a.acquah4187]

✈️

[@TheHumblePenny]

Thanks for watching 👋🏾