Our Stepping Stones series usually focuses on the challenges faced by Americans moving to, or living in, the UK. However, in this chapter we instead focus on the British friends, family members, employees and acquaintances of Americans, who might be dealing with a move to the US. Here’s what you need to know about tax, visas and wealth management, if you’re a Brit moving to the US.
00:29 – About our client
01:15 – Step one: Pre-immigration planning – visas, residency and current investments.
17:02 – Step two: Planning while in the US – US taxes, foreign mortgages and investing in the US.
22:59 – Step three: Staying in the US long term – green cards, pensions and visiting the UK.
34:05 – The benefits of seeking professional advice
Speakers:
Scott Barber is a Partner at Buzzacott, a top 20 UK accountancy firm based in London, which specialises in US and UK tax, financial planning, business services and audit. Scott has over 25 years’ experience both in the US, his country of birth, and the UK where he has settled, dealing with expatriate tax issues. Scott helps to iron out the complex cross-border tax regulations and is also able to help senior executives working in financial services and owner-managed businesses with temporary or longer-term relocations.
Gurveet Singh is an Associate Director in Buzzacott’s Expatriate Tax Services team. He is a dual US and UK tax handler for high net worth American citizens in the UK and British citizens in the US. Gurveet has a large and varied portfolio of clients, which includes self-employed individuals, hedge fund managers, settlors and beneficiaries of offshore trusts, video game producers and sound mixers.
Christi Jackson is a Partner and Head of the US Practice at Laura Devine Immigration in London. She has 18 years of experience representing clients in all areas of business and family-based immigration and has practised in both the UK and US. Christi is acclaimed for the ’thorough and informative’ counsel she delivers to clients on sophisticated US immigration issues. She is recognised in leading legal directories for her outstanding client service, earning praise for being a ‘dynamic practitioner, unsurpassed in identifying the best solution to a tricky problem’.
Matt Conan is a Chartered Financial Planner at Westminster Wealth Management. He has over 25 years’ worth of experience advising a broad range of clients, from the seasoned investor to those who know only that they should review their situation. While he pays particular attention to his clients’ retirement plans, he believes in a comprehensive approach to financial planning. This involves ensuring his clients have a good grasp of their short- and medium-term goals as well as their long-term ones.
Plan your next step
Our Stepping Stones series brings together leading advisers from various areas of expertise, to provide you with the need-to-knows for each step of your unique journey. https://www.buzzacott.co.uk/stepping-stones
