Why You Should Change Adviser When You Move To Italy.

More and more UK clients are choosing to live, work or retire overseas. Italy has always been and continues to be a popular destination, and is attracting not just retirees but internationally mobile professionals, entrepreneurs and families.

If you have been working with a UK financial adviser, this could present a big challenge. You may have valued and trusted their advice for many years, but becoming resident in Italy can fundamentally change your financial planning requirements.

A different tax system, regulatory framework, pension rules and investment restrictions apply in Italy. Arrangements that might have been suitable for you when you when you were in the UK will need to be reassessed, once you move to Italy. The tax treatment of your pensions and investments will change, while local reporting requirements, succession laws and inheritance tax rules will introduce further complexity.