cross-border Financial Planning - Moving from UK to USA
Moving from the United Kingdom to the United States of America introduces financial considerations that are often overlooked, and decisions made before the move can have a significant impact on short and long-term outcomes. In many cases, once a move has taken place, the available planning options become more limited, making early decisions particularly important.
We have a clear understanding of the financial considerations involved when relocating from the UK to the USA and work with clients ahead of and during this transition. If you are planning a move to the United States and want to ensure your UK financial arrangements are structured appropriately before you go, we would be happy to speak.
A Joined-up view
Common problems
Many of the practical and financial problems people face after moving to the United States originate from UK arrangements that were never properly reviewed before relocation.
Existing advisers becoming unwilling or unable to continue advising once you become US resident
Existing UK investment funds potentially becoming problematic from a US tax perspective after relocation
ISAs and UK tax wrappers no longer working as expected once US tax resident
UK providers or platforms becoming unwilling to service US-resident clients
Pension and investment arrangements becoming significantly harder to restructure after the move
Missed planning opportunities before becoming US tax resident, once options become more limited
Existing portfolios no longer being appropriate for a US-connected situation
Difficulty coordinating financial arrangements across both countries
Existing accounts becoming harder to administer after relocation
Financial arrangements becoming fragmented across multiple jurisdictions
Delays caused by trying to restructure arrangements after the move has already taken place
UK and US financial systems not aligning neatly, creating practical planning complications
Clients often finding themselves stuck between UK and US advisers trying to coordinate different advice across both countries
In many cases, the most valuable planning opportunities exist before the move takes place. Once relocation has happened, many financial arrangements become significantly harder to restructure efficiently.
where we help
Financial decisions that work well in a purely UK context often do not remain appropriate once USA considerations are introduced.
We work with clients ahead of a move to the USA to ensure their UK financial arrangements are structured appropriately before relocation.
our unique perspective
Tanya’s background in USA immigration and legal work, together with having spent over 10 years living in Florida, provides additional insight into the practical realities of relocating to the United States of America.
Beyond the financial planning considerations, this broader understanding can help clients navigate the wider transition process and connect with other relevant professionals where appropriate.
Reviewing uk pensions
Reviewing existing UK pensions and, where appropriate, consolidating arrangements into structures better suited to a USA-connected situation - helping avoid complications and more limited options further down the line.
reviewing uk ISAs & Investment portfolios
Reviewing ISAs and investment portfolios with an awareness of potential USA considerations. Ensuring your assets remain aligned to your longer-term financial plan in light of the move, helping avoid unintended consequences and misalignment over time.
important note
We provide UK-regulated financial advice.
Our focus is on advising on your UK financial arrangements, taking into account the wider context of your USA-connected situation.
Where appropriate, we work alongside other professional advisers to ensure any USA-specific requirements are properly addressed.
Joined up thinking
Taking a joined-up view across your UK pensions, investments, and other assets, in context of your USA connected situation. In many cases, the interaction between different arrangements requires careful consideration.