UK newspaper the Guardian and HSBC Bank International have teamed up to bring expert money managing advice to the expat community.
Expats who are looking for practical help and advice pertaining to money management requirements can now benefit from the join venture between the Guardian and HSBC, who yesterday launched their first financial guide for the expatriate community. The guide, which is entitled the Expat Guide to Money Management, offers people who are contemplating a move abroad detailed advice on practical issues such as calculating the cost of living, understanding the tax implications of living overseas and establishing banking facilities in their host country.
In a press release, Lisa Wood, Head of Marketing at HSBC Bank International, said: “We speak with expats on a daily basis, and through this we know the financial frustrations they face when looking to move to a new country– from moving money between different locations and currencies to dealing with differing tax situations.
“With this in mind, we wanted to make expat finances as clear and straightforward as possible, and so have compiled this guide to highlight the different financial considerations expats must be aware of.”
The team plans to launch two more guides this year pertaining to family finance and preparing for retirement while living abroad.
To read the first guide visit www.guardian.co.uk/hsbc-expat