A Guide to Personal Finance for U.S. Expats in the U.K.
Living in the U.K. as a U.S. citizen comes with exciting opportunities, but it also requires navigating a complex cross-border financial landscape. From managing tax filing in both countries and dealing with currency exchange to understanding estate planning and dual citizenship rules, careful financial planning for American expats in the U.K. is essential.
Banking and investment regulations, differences in income tax and estate tax systems, and application of tax treaties can all impact your financial well-being. Whether you’ve just arrived or have been in U.K. for many years, understanding these key financial considerations can help you avoid costly surprises and make the most of your life abroad.
In this guide, we’ll explore the essential financial steps to take to ensure stability and peace of mind while living in U.K.