Expatriot workers who are living and working in a country other than their home country will have a unique set of financial challenges. To navigate these challenges, it is often necessary to find a competent financial advisor.
Expatriots will need to understand how their income will be affected, such as whether any taxes will be due to their home country and whether it is necessary to file dual tax returns. They must also think about retirement planning, since their current employer may offer a pension plan or retirement benefits. It is important to know what will happen to the pension when the person returns home and whether it is transferable to their home country.
To find the best financial advisor for expatriots, it is wise to contact a local bank or financial institution for a referral. They will likely have many qualified in-house Certified Financial Planners who can be of assistance.