Investing Advice for Non Resident

Marc11

Hi,

Looking for advice on where to invest 15 to 20+k a year for 20 years which needs to generate income for retirement, (I have about £15k in a UK pension which i haven't paid into for over 10 years)

I am a UK expat (Non resident, pay no tax), been away from the UK over 6+ years, i own a property in the UK which is rented (13 years left on the mortgage). I live in SE asia, married to a local, kids (house bought & paid for here)

I wanted to buy more properties in the UK, but really need an investment that needs a minimum amount of effort to look after, and low to medium risk

Any advice is greatly appreciated.

Thanks

Aegis

Speak to an independent financial adviser without a doubt. For that sort of money you really should get an expert on your side!

Cook_County

Don't forget your worldwide estate remains subject to UK inheritance tax so you may need a trust.

You will also want advice on local tax implications as well.

Marc11

Thanks for the prompt reply.

Any IFA recommendations?

Aegis

https://www.unbiased.co.uk should find you a few IFAs. Go to at least a couple and see if they more or less agree.

Jonbvn

Depending on your mortgage T&C's and tax issues, it may be worth considering putting some of your money towards your UK mortgage. Ask an IFA for advice on this.

Cook_County

It may be extremely difficult to get a UK IFA willing to advise outside of the UK any more following the passporting requirements introduced under MiFiD...