Relocation relocation
The number of people moving offshore is on the
rise. Recent research* indicates that almost three quarters of UK
residents have considered moving away from the country this year.
This could be attributed to the growing trend of retiring or
working abroad or leaving behind the high cost of living, crime
rate, lack of job prospects and the increasingly burdensome tax
regime in the UK. Whatever the reason, relocating offshore usually
means relocating finances too.
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At Fairbairn Private Bank, we understand the complexities of
relocating offshore and, working with professional intermediaries
and tax advisers, can help clients make the transition. Our offices
in the well-regulated and reputable jurisdictions of the Isle of
Man and Jersey, plus a representative office in South Africa, mean
we are ideally placed to help clients plan for their personal
circumstances. For those clients choosing one of these particular
jurisdictions, clients have the benefit of having their
relationship manager on their doorstep. For others, we provide a
useful guiding hand given our many years' of experience in dealing
with internationally mobile individuals.
We can offer significant advantages where a client's residency
or domicile status permits. For example, UK expatriates and
overseas workers could particularly benefit from the flexibility of
our services, which include:
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- Multi-currency banking
- Flexible lending facilities
- Mortgage facilities (secured against UK and British Offshore
Island properties)
- Investment dealing service
- Discretionary investment management service
- Online account viewing facility.
The above, combined with a consistently high
quality service and personal attention, is a winning combination.
Our awards for Best International Wealth Manager and Best
International Bank serve to support our offering and highlight our
success in helping clients meet their financial goals, both locally
and further afield.
We recognise that moving jurisdiction is a
stressful endeavour and the role of professional partners through
such times is extremely important. We seek to build long-term
relationships with clients and their advisers to make the
transition a smooth one. Innovative products and services pulled
together through our multi award-winning Focus platform and
delivered by experienced and well-trained private bankers makes
Fairbairn Private Bank the obvious choice for the international
client.
* Research conducted by foreign exchange
broker Currency UK, 2010