HSBC Bank International have teamed up with the Guardian to bring you a series of Expat Guides to Finance, a great new resource for current and prospective expats. From today the first of these guides, The Expat Guide to Money Management will be available on the Guardian website but we wanted to let you know all about them on here too so we will be blogging the good bits this week.
Managing your finances is a fundamental part of adult life but for expats, sorting money abroad can often add another level of complexity as you grapple with currencies and local tax systems. However, when relocating, banking arrangements can fall off the radar especially when you have research to do, accommodation to find or children to consider. Hopefully through creating these Expat Guides we'll provide some useful advice so that some of the pressure of arranging your finances is alleviated.
Over the next few days we will post blogs on making the most of your money through offshore banking, looking at the fundamental question of how you arrange your finances - using home, host or offshore accounts, or a combination of all three - as well as specific questions on tax. We will also look at the impact that relative living costs can have on your decision-making process.
We hope you enjoy our blog instalments this week and as always we would love to hear your feedback and questions.....