Claim OwnershipExpat Wealth - Cross-Border Financial Advice for Expats in America and Americans Abroad
Subscribed: 2Played: 11
Subscribe
© 2025 We're The Brits In America
Description
With the right financial advice, landmines that threaten expat wealth can be avoided. Often encountered by US-connected expats, these financial landmines are more numerous, more hazardous, and less understood than almost anywhere else in the world. As a result, non-cross border professionals, wealth advisors, and even international advisors are often unaware of them. But don’t worry, Expat Wealth has you covered.
Expat Wealth is dedicated to helping ambitious US-connected expats and immigrants navigate those challenges — and thrive. Whether you’ve moved to the US for opportunity, or are an American seeking adventure and growth abroad, our job is to equip you with the tools and insights you need to succeed.
Each Thursday, host Richard Taylor — dual UK/US citizen and Chartered Financial Planner — explores the critical topics you need to understand to protect your financial security and make the most of your global life. From tax and compliance pitfalls to investment planning and estate strategies, our team of expat wealth advisors cover what matters most to cross-border individuals.
Here’s what to expect on Expat Wealth:
1st Thursday: Richard is joined by James Boyle, Partner at Plan First Wealth. Together, they take you behind the scenes as they are building a business that serves the expat community. Get guidance for expats and retirement planning tips
2nd & 4th Thursdays: Expert interviews featuring top voices in cross-border tax, finance, estate planning, immigration, and more. Get expat tax tips from professionals and learn more about your tax and legal obligations.
3rd Thursday: A global economic and investment roundup to help you stay ahead of the game with Brian Dunhill, founder of Dunhill Financial and American investment advisor based in the UK. Get cross-border financial planning tips to help you plan for a better retirement.
Past guests on Expat Wealth have included:
Virginia La Torre Jeker – International tax expert and founder of US-Tax.org
Dan Price – Former IRS attorney with over 20 years of experience in offshore compliance
Paula Jones – US estate planning attorney specializing in cross-border matters
Full video recordings of each episode are released on YouTube on the @planfirstwealth channel.
https://www.youtube.com/@planfirstwealth
Host bio:
Richard Taylor is a British expatriate and dual UK/US citizen, originally from the UK and now based in Greenwich, Connecticut. A UK Chartered Financial Planner with international experience spanning the UK, Dubai, and the US, Richard was struck by how uniquely complex and challenging the financial landscape is for US-connected expatriates and immigrants — challenges that simply don’t exist elsewhere.
He was particularly alarmed by the severe penalties that can result from simple mistakes, and how many expats, drawn to America for their career and financial opportunities, unknowingly put their financial futures at risk. Motivated by this, Richard founded a financial and investment planning firm focused on the needs of expats.
That mission later expanded into a podcast, created to share vital information and cross-border tax advice with a broader audience. His goal: to help international, mobile individuals thrive — by seizing global opportunities while avoiding the hidden financial pitfalls that can undermine success both in America and abroad.
--
Expat Wealth is supported by Plan First Wealth. Plan First Wealth is a Registered Investment Advisor serving fellow expatriates and immigrants living across the US on matters such as retirement planning, investment management, tax planning and non-US asset management.
You will like Expat Wealth if you like The Expat Money Show and Gimme Some Truth “Expat” Podcast.
73 Episodes
Reverse
Upcoming changes to financial legislation mean many British expats should seriously rethink how and when they access their UK pensions. From April 2027, unused UK pensions are expected to be included in the UK inheritance tax (IHT) net as UK‑situs assets. For long-term expats with sizeable pensions, this could mean a potential 40% tax hit on what’s passed to heirs.
In this episode of Expat Wealth, Richard Taylor – dual UK/US citizen and Chartered Financial Planner – is joined by Chris Hall – International Income Tax & Social Security Specialist at PKF O’Connor Davies – to discuss the upcoming UK IHT changes. They explore the importance of UK pension reporting upon arriving in the US, whether opening a Self-Invested Personal Pension (SIPP) makes sense, and how to design a coordinated retirement income and inheritance strategy.
Richard and Chris take a detailed look at:
IRS pension reporting requirements and how they apply for expats in the US.
Pension Commencement Lump Sums (PCLS) and whether they are truly tax-free for UK expats in America.
UK inheritance tax changes and what they mean for unused UK pensions held by persons living abroad.
Strategic financial planning before, during, and after moving abroad, including retirement and estate considerations.
--
Expat Wealth is supported by Plan First Wealth. Plan First Wealth is a Registered Investment Advisor serving fellow expatriates and immigrants living across the US on matters such as retirement planning, investment management, tax planning and non-US asset management.
https://planfirstwealth.com/
--
Expat Wealth is affiliated with Plan First Wealth LLC, an SEC registered investment advisor. The views and opinions expressed in this program are those of the speakers and do not necessarily reflect the views or positions of Plan First Wealth.
Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Plan First Wealth does not provide any tax and/or legal advice and strongly recommends that listeners seek their own advice in these areas.
The American Dream is evolving. While the US remains a land of opportunity and hard work, more people are heading to Europe and other destinations
in search of balance, lifestyle, and long-term quality of life. Understanding how US and international financial regulations differ can help Americans avoid costly landmines and make the most of their opportunities abroad.
We’re the Brits in America has rebranded to Expat Wealth, broadening the conversation beyond the American border. In this episode of Expat Wealth, Richard Taylor – dual UK/US citizen and Chartered Financial Planner – is joined by James Boyle, Lead Financial Planner and Partner at Plan First Wealth, to explain why the podcast is changing and what that means for listeners going forward.
Here’s what to expect from Expat Wealth:
1st Thursday of the month: Richard is joined by James Boyle, Partner at Plan First Wealth. Together, they take you behind the scenes as they are building a business that serves the expat community. Get advice guidance for expats and retirement planning tips.
2nd & 4th Thursdays of the month: Expert interviews featuring top voices in cross-border tax, finance, estate planning, immigration, and more. Get expat tax advice tips from experts professionals and learn more about your tax and legal obligations.
3rd Thursday of the month: A global economic and investment roundup to help you stay ahead of the game with Brian Dunhill, founder of Dunhill Financial and American investment advisor based in the UK. Get cross border financial planning advice tips to help you plan for a better
retirement.
About Expat Wealth:
Expat Wealth is dedicated to helping ambitious US-connected expats and immigrants navigate those challenges — and thrive. Whether you’ve moved to the US for opportunity or are an American seeking adventure and growth abroad, our job is to equip you with the tools and insights you need to succeed.
--
Expat Wealth is supported by Plan First Wealth. Plan First Wealth is a Registered Investment Advisor serving fellow expatriates and immigrants living across the US on matters such as retirement planning, investment management, tax planning and non-US asset management.
https://planfirstwealth.com/
--
Expat Wealth is affiliated with Plan First Wealth LLC, an SEC registered investment advisor. The views and opinions expressed in this program are those of the speakers and do not necessarily reflect the views or positions of Plan First Wealth.
Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Plan First Wealth does not provide any tax and/or legal advice and strongly recommends that listeners seek their own advice in these areas.
From January 8th, We’re The Brits In America becomes Expat Wealth. Expat Wealth is dedicated to helping ambitious US-connected expats and immigrants navigate those challenges. Whether you’ve moved to the US for opportunity or are an American seeking adventure and growth abroad, our job is to equip you with the tools and insights you need to succeed.
Each Thursday, host Richard Taylor – dual UK/US citizen and Chartered Financial Planner – explores the critical topics you need to understand to protect your financial security and make the most of your global life. From tax and compliance pitfalls to investment planning and estate strategies, our team of expat wealth advisors cover what matters most to cross-border individuals.
Here’s what you can expect on Expat Wealth:
1st Thursday: Richard is joined by James Boyle, Partner at Plan First Wealth. Together, they take you behind the scenes as they are building a business that serves the expat community. Get advice guidance for expats and retirement planning tips.
2nd & 4th Thursdays: Expert interviews featuring top voices in cross-border tax, finance, estate planning, immigration, and more. Get expat tax advice tips from experts professionals and learn more about your tax obligations.
3rd Thursday: A global economic and investment roundup to help you stay ahead of the game with Brian Dunhill, founder of Dunhill Financial and American investment advisor based in the UK. Get cross-border financial planning advice tips to help you plan for a better retirement.
You will like Expat Wealth if you like The Expat Money Show and Gimme Some Truth “Expat” Podcast.
--
Expat Wealth is supported by Plan First Wealth. Plan First Wealth is a Registered Investment Advisor serving fellow expatriates and immigrants living across the US on matters such as retirement planning, investment management, tax planning and non-US asset management.
https://planfirstwealth.com/
--
Expat Wealth is affiliated with Plan First Wealth LLC, an SEC registered investment advisor. The views and opinions expressed in this program are those of the speakers and do not necessarily reflect the views or positions of Plan First Wealth.
Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Plan First Wealth does not provide any tax and/or legal advice and strongly recommends that listeners seek their own advice in these areas.
Moving abroad isn’t exclusive to retirees and 25-year-olds; many Americans from all walks of life are considering leaving the United States. Richer culture, affordable healthcare, and a higher quality of life are among the key reasons Americans are moving to Europe. In the current climate, expats need to choose a country that suits their lifestyle and financial goals.
In this episode of We’re The Brits In America, Richard Taylor – dual UK/US citizen and Chartered Financial Planner – decodes the migration process with Brett Andrews – Co-founder of Expatsi. Acquiring European residency can be confusing, but some countries offer multiple pathways, including student, digital nomad, and retirement visas. Many of these options depend on the applicant’s financial stability, raising an important question: how are American expats preparing and positioning themselves for their big move?
Richard and Brett unpack:
The lifestyle differences between the US and Europe.
The requirements and benefits of various visa pathways.
Solutions to the most common barriers Americans face when relocating.
How to navigate the emotional and logistical challenges of moving abroad.
More about We’re The Brits In America:
With the right financial advice, landmines that threaten expat wealth can be avoided. Often encountered by US-connected expats, these financial landmines are more numerous, more hazardous, and less understood than almost anywhere else in the world. As a result, non-cross border professionals, wealth advisors, and even international advisors are often unaware of them. But don’t worry, We're The Brits In America has you covered.
We're The Brits In America is dedicated to helping ambitious US-connected expats and immigrants navigate those challenges — and thrive. Whether you’ve moved to the US for opportunity, or are an American seeking adventure and growth abroad, our job is to equip you with the tools and insights you need to succeed.
Visit planfirstwealth.com to learn more about our services and connect with Richard Taylor on LinkedIn.
--
We're The Brits In America is affiliated with Plan First Wealth LLC, an SEC registered investment advisor. The views and opinions expressed in this program are those of the speakers and do not necessarily reflect the views or positions of Plan First Wealth.
Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Plan First Wealth does not provide any tax and/or legal advice and strongly recommends that listeners seek their own advice in these areas.
Is it possible for American expats to build reliable, diversified financial portfolios when moving to Europe? Yes, but Americans living abroad, particularly in Europe, need to know how to navigate complex tax
rules, currency considerations, and international regulations to avoid being caught off guard by sudden economic or policy changes. This episodes of We’re The Brits in America helps US citizens avoid and/or mitigate double taxation when relocating to France and other European countries by reviewing the potential pitfalls.
Richard Taylor – dual UK/US citizen and Chartered Financial Planner – is joined by Brian Dunhill – Founder of Dunhill Financial – to explore the financial benefits of moving to Europe for Americans, and how to protect financial assets from double taxation and unclear tax laws. Financial preparation allows expats to enjoy the food, culture, and lifestyle of their new home without unnecessary stress.
In this episode of We’re The Brits In America, Richard and Brian take a detailed look at:
How living in countries like France can result in lower taxes than in many US states.
The impact of currency fluctuations on investment portfolios and strategies to mitigate these risks.
The importance of pre-arrival financial planning to avoid tax pitfalls, and how advisory services can help navigate cross-border investments.
The pitfalls associated with Passive Foreign Investment Companies (PFICs) and the significant tax reporting challenges they pose.
More about We’re The Brits In America:
With the right financial advice, landmines that threaten expat wealth can be avoided. Often encountered by US-connected expats, these financial landmines are more numerous, more hazardous, and less understood than almost anywhere else in the world. As a result, non-cross border professionals, wealth advisors, and even international advisors are often unaware of them. But don’t worry, We're The Brits In America has you covered.
We're The Brits In America is dedicated to helping ambitious US connected expats and immigrants navigate those challenges — and thrive. Whether you’ve moved to the US for opportunity, or are an American seeking adventure and growth abroad, our job is to equip you with the tools and insights you need to succeed.
Visit planfirstwealth.com to learn more about our services and connect with Richard Taylor on LinkedIn.
--
We're The Brits In America is affiliated with Plan First Wealth LLC, an SEC registered investment advisor. The views and opinions expressed in this program are those of the speakers and do not necessarily reflect the views or positions of Plan First Wealth.
Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Plan First Wealth does not provide any tax and/or legal advice and strongly recommends that listeners seek their own advice in these areas.
What happens if you unexpectedly inherit money from a
loved one while living abroad, especially when there’s no formal estate plan in place? As an American expat, both international and US tax laws can take a significant portion of your inheritance. Losing someone is hard enough, and navigating cross-border inheritance shouldn’t make it harder.
Expats should review their estate plans and those of
their loved ones before moving internationally and consider how their new
country of residence will interact with global regulations because US citizens and green card holders are taxed on their worldwide income and estate, even when living abroad.
In this episode of We’re The Brits In America, Richard Taylor – dual UK/US citizen and Chartered Financial Planner – speaks to Paula Jones – founder of Jones Estate Group, Inc – to talk about the pitfalls of
estate planning as an American abroad.
Richard and Paula discuss:
· The intricacies of working globally and the decision-making process involved in potentially claiming residency in another country, like France or Portugal.
· Principles around setting up estate plans both domestically and internationally, focusing on avoiding pitfalls such as adverse tax consequences.
· The severity of exit taxes for expatriates and green card holders.
· How international estate planning can intersect with tax obligations in both the US and prospective European countries.
· The importance of cross-border estate planning and tax professionals to avoid costly DIY mistakes.
More about We’re The Brits In America:
With the right financial advice, landmines that threaten
expat wealth can be avoided. Often encountered by US-connected expats, these financial landmines are more numerous, more hazardous, and less understood than almost anywhere else in the world. As a result, non-cross border professionals, wealth advisors, and even international advisors are often unaware of them. But don’t worry, We're The Brits In America has you covered.
We're The Brits In America is dedicated to helping ambitious US-connected expats and immigrants navigate those challenges — and thrive. Whether you’ve moved to the US for opportunity, or are an American
seeking adventure and growth abroad, our job is to equip you with the tools and insights you need to succeed.
Visit planfirstwealth.com to learn more about our services and connect with Richard Taylor on LinkedIn.
--
We're The Brits In America is affiliated with Plan First Wealth LLC, an SEC registered investment advisor. The views and opinions expressed in this program are those of the speakers and do not necessarily reflect the views or positions of Plan First Wealth.
Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase
of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Plan First Wealth does not provide any tax and/or legal advice and strongly recommends that listeners seek their own advice in these areas.
Expatriates need to manage their tax obligations effectively and avoid mismatches between tax systems that can lead to double taxation. One of the most common mistakes American expats make is investing through a Passive Foreign Investment Company (PFIC), which is taxed at the highest US tax rate, often simply because they didn’t have the proper guidance. Working with qualified expat wealth advisors is essential for making smart, legal, and cost-effective financial decisions. Moving abroad is exciting, but it’s easy to fall into tax traps that can have costly consequences.
Richard Taylor - dual UK/US citizen and Chartered Financial Planner - is joined by American Katelynn Minott - CPA at Bright!Tax, to explore the key tax challenges Americans face when moving abroad. They discuss common compliance pitfalls, strategies to avoid expensive errors, and the benefits of proactive planning with specialist advisors to successfully navigate cross-border financial obligations.
In this episode of We’re The Brits In America, Richard and Katelynn explore:
The importance of adhering to both US and foreign tax obligations and how misinformation can lead to costly mistakes.
The difficulties Americans face with foreign banking due to the Foreign Account Tax Compliance Act (FATCA), and strategies for managing financial affairs while abroad.
PFICs and why they can be financially devastating for expatriates if not managed properly.
Considerations and implications of renouncing US citizenship.
More about We’re The Brits In America:
With the right financial advice, landmines that threaten expat wealth can be avoided. Often encountered by US-connected expats, these financial landmines are more numerous, more hazardous, and less understood than almost anywhere else in the world. As a result, non-cross border professionals, wealth advisors, and even international advisors are often unaware of them. But don’t worry, We're The Brits In America has you covered.
We're The Brits In America is dedicated to helping ambitious US-connected expats and immigrants navigate those challenges — and thrive. Whether you’ve moved to the US for opportunity, or are an American seeking adventure and growth abroad, our job is to equip you with the tools and insights you need to succeed.
Visit planfirstwealth.com to learn more about our services and connect with Richard Taylor on LinkedIn.
--
We're The Brits In America is affiliated with Plan First Wealth LLC, an SEC registered investment advisor. The views and opinions expressed in this program are those of the speakers and do not necessarily reflect the views or positions of Plan First Wealth.
Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Plan First Wealth does not provide any tax and/or legal advice and strongly recommends that listeners seek their own advice in these areas.
Making the move successfully from the US to a country in Europe requires guidance from people who’ve lived it. From tax rules and immigration pathways to cultural fit and
long-term financial planning, the journey comes with complexities that have caught many people off guard.
In this episode of We’re The Brits In America, Richard Taylor - dual UK/US citizen and Chartered Financial Planner - sits down with Alex Ingrim, President & Co-Founder of Liberty Atlantic Advisors, and David Cantor, immigration attorney and founder of Relocate. Both are American expats living in Italy, bringing firsthand insight into what it really takes to establish a sustainable life in Europe.
Richard, Alex, and David take a detailed look at:
Why moving to something and not away from something is essential
for a successful relocation
How immigration frameworks differ across Europe, and why there’s almost always a viable pathway if you know where to look
The biggest mistakes Americans make, including choosing countries based solely on visas or cost of living
Why US citizens face unique tax and administrative challenges abroad —
and how treaties can sometimes turn those into advantages (like in France)
How to evaluate countries based on your asset base, tax position,
lifestyle goals, and tolerance for complexity
Why Spain, Italy, Portugal, and France all offer opportunities, but come
with radically different wealth taxes, reporting rules, and planning
considerations
The growing trend of younger families relocating, driven by quality of
life, education, and cultural exposure for children
The mindset shift required to embrace uncertainty, build a life in a new
culture, and take control of your own expat journey
More about We’re The Brits In America:
With the right financial advice, landmines that threaten expat wealth can be avoided. Often encountered by US-connected expats, these financial landmines are more numerous, more hazardous, and less understood than almost anywhere else in the world. As a result, non-cross border professionals, wealth advisors, and even international advisors are often unaware of them. But don’t worry, We're The Brits In America has you covered.
We're The Brits In America is dedicated to helping ambitious US-connected expats and immigrants navigate those challenges — and thrive. Whether you’ve moved to the US for opportunity, or are an American seeking adventure and growth abroad, our job is to equip you with the tools and insights you need to succeed.
If you’re enjoying the show, please consider leaving a 5-star rating and review to help the mission, which is to help expats and immigrants thrive in America. Visit planfirstwealth.com to learn more about our services and connect with Richard Taylor on LinkedIn.
--
We're The Brits In America is affiliated with Plan First Wealth LLC, an SEC registered investment advisor. The views and opinions expressed in this program are those of the speakers and do not necessarily reflect the views or positions of Plan First Wealth.
Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Plan First Wealth does not provide any tax and/or legal advice and strongly recommends that listeners seek their own advice in these areas.
Many expats assume their Pension Commencement Lump Sum
(PCLS) will remain tax-free when they relocate, but the US UK tax treaty
leaves too much ambiguity to be certain. Therefore, what should you do with your PCLS when moving to the US as a British expat? Working with a dedicated cross-border tax advisor can help you avoid costly IRS repercussions.
Host Richard Taylor – dual UK/US citizen and
Chartered Financial Planner – is joined by James Boyle – Lead Financial Planner
at Plan First Wealth – to break down the UK’s 25% retirement lump sum, or PCLS.
Many expats want to bring that lump sum with them when they move to the United States because it’s tax-free in the UK. However, the only way to obtain a definitive interpretation of the US UK tax treaty is through court
proceedings. Until then, the guidance of qualified cross-border tax
professionals is essential when reviewing the treaty’s provisions on retirement funds.
In this episode of We're The Brits In America, Richard
and James explore:
· The 25% tax-free lump sum from UK
pensions and its potential tax implications in the US.
· The ambiguity of tax treaties between
the US and UK and how this affects pension income.
· The importance of engaging with
qualified cross-border tax professionals.
More about We’re The Brits In America:
With the right financial advice, landmines that threaten expat wealth can be avoided. Often encountered by US-connected expats, these financial landmines are more numerous, more hazardous, and less understood than
almost anywhere else in the world. As a result, non-cross border professionals, wealth advisors, and even international advisors are often unaware of them. But don’t worry, We're The Brits In America has you covered.
We're The Brits In America is dedicated to helping
ambitious US-connected expats and immigrants navigate those challenges — and thrive. Whether you’ve moved to the US for opportunity, or are an American seeking adventure and growth abroad, our job is to equip you with the tools and insights you need to succeed.
Visit planfirstwealth.com to learn more about our
services and connect with Richard Taylor on LinkedIn.
--
We're The Brits In America is affiliated with Plan First
Wealth LLC, an SEC registered investment advisor. The views and opinions
expressed in this program are those of the speakers and do not necessarily
reflect the views or positions of Plan First Wealth.
Information presented is for educational purposes only
and does not intend to make an offer or solicitation for the sale or purchase
of any specific securities, investments, or investment strategies. Investments
involve risk and unless otherwise stated, are not guaranteed. Be sure to first
consult with a qualified financial adviser and/or tax professional before
implementing any strategy discussed herein. Plan First Wealth does not provide
any tax and/or legal advice and strongly recommends that listeners seek their
own advice in these areas.
Understanding life insurance and annuities is essential for making informed and beneficial financial decisions when moving to America. These financial products differ significantly between the UK and the US. Decades ago, the process of getting insured in the US was much simpler, with far fewer options than there are today.
In this episode of We’re The Brits In America, Richard Taylor - dual UK/US citizen and Chartered Financial Planner, and Mark Maurer - President and CEO of LLIS, discuss the complexities of insurance and annuity products in the United States that often take expatriates by surprise when they’re cross-border financial planning.
Richard and Mark take a detailed look at:
The key differences between UK and US insurance products, and the nuances of the American market.
The pros and cons of different policy types and how they fit into broader financial strategies.
Indexed Universal Life (IUL) policies, their features, and why they may not always be the best investment option.
The different types of annuities, common misconceptions, and when they might be appropriate for investors.
The potential downsides of tax deferral and how taxation works with annuities.
Income riders on annuities, their benefits, and the cost implications of these add-ons.
More about We’re The Brits In America:
With the right financial advice, landmines that threaten expat wealth can be avoided. Often encountered by US-connected expats, these financial landmines are more numerous, more hazardous, and less understood than almost anywhere else in the world. As a result, non-cross border professionals, wealth advisors, and even international advisors are often unaware of them. But don’t worry, We're The Brits In America has you covered.
We're The Brits In America is dedicated to helping ambitious US-connected expats and immigrants navigate those challenges — and thrive. Whether you’ve moved to the US
for opportunity, or are an American seeking adventure and growth abroad, our job is to equip you with the tools and insights you need to succeed.
If you’re enjoying the show, please consider leaving a 5-star rating and review to help the mission, which is to help expats and immigrants thrive in America. Visit planfirstwealth.com to learn more about our services and connect with Richard Taylor on LinkedIn.
--
We're The Brits In America is affiliated with Plan First Wealth LLC, an SEC registered investment advisor. The views and opinions expressed in this program are those of the speakers and do not necessarily reflect the views or positions of Plan First Wealth.
Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Plan First Wealth does not provide any tax and/or legal advice and strongly recommends that listeners seek their own advice in these areas.
Is the AI revolution the next dot-com boom-or the start of something even bigger? From tech valuations that seem sky-high to investors leveraging risk assets at record levels, Richard Taylor - dual U.K./U.S. citizen and Chartered Financial Planner – is joined by James Boyle – Lead Financial Planner at Plan First Wealth – explore whether this moment mirrors past cycles of transformational technology, over investment, and inevitable correction-from railways to electricity to the internet.
Richard and James compare today’s “AI megatrend” with historical booms and discuss the key differences this time around, including the profitability of the companies leading it. They also outline practical steps for investors-especially those at or near retirement weather potential volatility and avoid emotional, short-term decisions.
In this episode, they discuss:
• Whether the current market surge signals a bubble or a paradigm shift.
• What history’s great investment manias teach us about the AI boom.
• How to distinguish long-term investing from short-term speculation.
• The importance of asset allocation, diversification, and “sequence of returns” planning.
• Why investor psychology-not just market fundamentals-drives crashes.
More about We’re The Brits In America:
With the right financial advice, landmines that threaten expat wealth can be avoided. Often encountered by U.S. -connected expats, these financial landmines are more numerous, more hazardous, and less understood than almost anywhere else in the world. As a result, non-cross-border professionals, wealth advisors, and even international advisors are often unaware of them. But don’t worry, We're The Brits In America has you covered.
We're The Brits In America is dedicated to helping ambitious U.S.-connected expats and immigrants navigate those challenges - and thrive. Whether you’ve moved to the U.S. for opportunity or are an American seeking adventure and growth abroad, our job is to equip you with the tools and insights you need to succeed.
--
We're The Brits In America is affiliated with Plan First Wealth LLC, an SEC registered investment advisor. The views and opinions expressed in this program are those of the speakers and do not necessarily reflect the views or positions of Plan First Wealth.
Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Plan First Wealth does not provide any tax and/or legal advice and strongly recommends that listeners seek their own advice in these areas.
We're The Brits In America is dedicated to helping ambitious US-connected expats and immigrants navigate those challenges — and thrive. Whether you’ve moved to the US for opportunity, or are an American seeking adventure and growth abroad, our job is to equip you with the tools and insights you need to succeed.
If you’re enjoying the show, please consider leaving a 5-star rating and review to help the mission, which is to help expats and immigrants thrive in America. Visit planfirstwealth.com to learn more about our services and connect with Richard Taylor on LinkedIn.
You need a cross-border advisory team to navigate complex international tax laws before it’s too late. Investing in pre-planning before moving to a new country is crucial to avoid financial pitfalls.
This week, you’ll hear from Holly Caulder - dual-qualified U.S. and U.K. tax advisor at Buzzacott, and Aidan Grant – U.K. tax and estate planning attorney at Collyer Bristow as they unpack the financial logistics of moving between the U.K. and the U.S.
Host Richard Taylor - dual U.K./U.S. citizen and Chartered Financial Planner leads a conversation alongside Holly Caulder and Aidan Grant, delving into the complexities faced by British expats navigating the U.S.-U.K. cross border financial landscape. They explore common planning opportunities and the essential role of a coordinated cross-border advisory team.
In this episode, Richard, Holly & Aidan explore:
When residency for tax purposes starts.
The critical timing of tax and legal planning before moving to the U.S.
Reporting requirements for non-U.S. financial accounts and the consequences of ignoring them.
The issue of Passive Foreign Investment Companies (PFICs) and how they are taxed.
Challenges with holding ISAs in the U.S. and unexpected U.S. tax implications.
Complications and opportunities in estate planning across borders, especially involving trusts.
More about We’re The Brits In America:
With the right financial advice, landmines that threaten expat wealth can be avoided. Often encountered by U.S. -connected expats, these financial landmines are more numerous, more hazardous, and less understood than almost anywhere else in the world. As a result, non-cross-border professionals, wealth advisors, and even international advisors are often unaware of them. But don’t worry, We're The Brits In America has you covered.
We're The Brits In America is dedicated to helping ambitious U.S.-connected expats and immigrants navigate those challenges — and thrive. Whether you’ve moved to the U.S. for opportunity or are an American seeking adventure and growth abroad, our job is to equip you with the tools and insights you need to succeed.
--
We're The Brits In America is affiliated with Plan First Wealth LLC, an SEC registered investment advisor. The views and opinions expressed in this program are those of the speakers and do not necessarily reflect the views or positions of Plan First Wealth.
Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Plan First Wealth does not provide any tax and/or legal advice and strongly recommends that listeners seek their own advice in these areas.
The consequences of filing your tax return incorrectly, even accidentally, far outweighs the immediate cost you’ll spend on professional advice. Cross-border finances can be confusing; you may be tempted to DIY your tax return, but you’re always better off speaking to a tax advisor.
Host Richard Taylor - dual U.K./U.S. citizen and Chartered Financial Planner – is joined by James Boyle – Lead Financial Planner at Plan First Wealth – to tackle the subject of tax compliance for expatriates. They discuss the complexities that expatriates face, particularly when it comes to cross-border financial planning and seeking specialised expat tax advice.
In this episode of From The Trenches, Richard and James explore:
The risks of non-specialized tax advice
The U.K. Deputy Prime Minister Angela Rayner's recent tax issues – what do they tell us about the importance of getting the right advice?
The importance of proactive planning
The emotional and financial impacts of non-compliance
More about We’re The Brits In America:
With the right financial advice, landmines that threaten expat wealth can be avoided. Often encountered by U.S.-connected expats, these financial landmines are more numerous, more hazardous, and less understood than almost anywhere else in the world. As a result, non-cross border professionals, wealth advisors, and even international advisors are often unaware of them. But don’t worry, We're The Brits In America has you covered.
We're The Brits In America is dedicated to helping ambitious U.S.-connected expats and immigrants navigate those challenges — and thrive. Whether you’ve moved to the U.S. for opportunity, or are an American seeking adventure and growth abroad, our job is to equip you with the tools and insights you need to succeed.
We're The Brits In America is affiliated with Plan First Wealth LLC, an SEC registered investment advisor. The views and opinions expressed in this program are those of the speakers and do not necessarily reflect the views or positions of Plan First Wealth.
Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Plan First Wealth does not provide any tax and/or legal advice and strongly recommends that listeners seek their own advice in these areas.
Building a law career and finding wealth as a UK expat can feel
like an impossible task. We’re speaking to an expert in the New York legal
scene to uncover the secrets to breaking into American law as a British,
Scottish, or Irish expat.
This week, host Richard Taylor - dual UK/US citizen and Chartered Financial Planner - has a raw and honest conversation with Allan Rooney -
Founding Partner at Rooney Law - about his journey moving to the U.S., from Edinburgh to Texas and finally to New York. They discuss the evolving American landscape and the old ideals of the American Dream, and it’s not all doom and gloom. Allan shares how he built wealth in New York off the back of his successful legal career, and how other expats can too. Richard and Allan also offer insights into the challenges of obtaining a US visa and share their personal experiences with securing a Green Card.
In this episode of Ask An Expert on We’re The Brits In America, Richard Taylor and Alan Rooney give you a detailed look at:
Legal Risks for Foreign Businesses: The importance of establishing
an entity for U.S. tax liability protection and legitimacy.
Trademark and Employment Challenges: Why securing trademarks and
understanding employment laws are critical to avoiding costly legal battles.
Cultural and Financial Disparities: The differences in business
culture and expenses between America and other countries.
Visas and Immigration Issues: Stories of businesses mishandling
immigration laws and the repercussions they face.
Economic Climate and Business Opportunities: How global trade
policies and U.S. regulations affect international companies.
Networking and Success: The role of community,
relationships, and networking in achieving business success in the U.S.
More about We’re The Brits In America:
With the right financial advice, landmines that threaten expat wealth can be avoided. Often encountered by US-connected expats, these financial landmines are more numerous, more hazardous, and less understood than almost anywhere else in the world. As a result, non-cross border professionals, wealth advisors, and even international advisors are often unaware of them. But don’t worry, We're The Brits In America has you covered.
We're The Brits In America is dedicated to helping ambitious U.S.-connected expats and immigrants navigate those challenges — and thrive. Whether you’ve moved to the U.S. for opportunity, or are an American seeking adventure and growth abroad, our job is to equip you with the tools and insights you need to succeed.
--
We're The Brits In America is affiliated with Plan First Wealth
LLC, an SEC registered investment advisor. The views and opinions expressed in this program are those of the speakers and do not necessarily reflect the views or positions of Plan First Wealth.
Information presented is for educational purposes only and does
not intend to make an offer or solicitation for the sale or purchase of any
specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Plan First Wealth does not provide any tax and/or legal advice and strongly recommends that listeners seek their own advice in these areas.
The intricacies of inheritance tax issues are probably the last thing you want to think about after losing someone. We’re making it easier to make financial arrangements for receiving an inheritance after a loved one passes away on this episode of We’re the Brits in America.
Host Richard Taylor - dual UK/US citizen and Chartered Financial Planner - offers practical advice for expats on navigating these challenges to promote financial security and compliance, including how to avoid the potential pitfalls of Roth IRA conversions.
In this episode of From the Trenches on We’re the Brits in America, Richard Taylor and James Boyle – Lead Financial Planner at Plan First Wealth - explore:
Navigating Inheritance for Expats
Challenges when receiving an inheritance from non-US
persons.
The crucial importance of filing Form 3520 to avoid severe
IRS penalties.
Complications with Trusts and Offshore Bonds
Issues with UK-centric advice for US persons.
Potential tax problems with foreign trusts and passive
foreign investment companies (PFICs).
Roth IRA Conversions
Explanation of Roth IRA conversions and their benefits.
Potential pitfalls like affecting healthcare premiums and
tax brackets.
New considerations following recent legislative changes.
Importance of a Cross-Border Tax Advisor
Benefits of having a qualified tax advisor to navigate
international tax intricacies and offer valuable US tax help.
More about We’re the Brits in America:
With the right financial advice, landmines that threaten expat wealth can be avoided. Often encountered by US-connected expats, these financial landmines are more numerous, more hazardous, and less understood than almost anywhere else in the world. As a result, non-cross border professionals, wealth advisors, and even international advisors are often unaware of them. But don’t worry, We're the Brits in America has you covered. We're the Brits in America is dedicated to helping ambitious U.S.-connected expats and immigrants navigate those challenges — and thrive. Whether you’ve moved to the U.S. for opportunity, or are an American seeking adventure and growth abroad, our job is to equip you with the tools and insights you need to succeed.
"The IRS can go back over 20 years in certain instances for unfiled returns. We’re not making this stuff up,” warns Virginia La Torre Jeker, a seasoned US international tax attorney with over 40 years of experience and returning guest to the show. Virginia is a member of the New York Bar, specializing in all aspects of international tax and cross-border transactions. In this week’s Ask An Expert, host and founder of Plan First Wealth Richard Taylor talks to Virginia about the best ways to navigate the complexities of US taxation for expats. Do you know what it means for a tax return to be ‘open’? If you don’t, you should. You’ll learn about:
Tax statutes of limitations and their implications on cross-border taxpayers.
The consequences of missing forms and how it may leave tax returns perpetually open for IRS examination.
Denaturalization and its potential tax implications.
The importance of accurately filing foreign information returns and how failing to do so can result in penalties.
Virginia and Richard stress the importance of informed decision-making in tax filings. Whether you’re an expat, an immigrant to the US, or assisting international families, this episode is a fundamental listen to help you thrive financially and secure your retirement.
We're the Brits in America is affiliated with Plan First Wealth LLC, an SEC registered investment advisor. The views and opinions expressed in this program are those of the speakers and do not necessarily reflect the views or positions of Plan First Wealth.
Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Plan First Wealth does not provide any tax and/or legal advice and strongly recommends that listeners seek their own advice in these areas.
Richard and James are back with more cautionary financial tales. Richard Taylor, founder of Plan First Wealth, recently spoke to a connection who “had done a bit of research, learned that mutual funds were a problem, hadn't learned what PFICs were, and switched out of a mutual fund into an investment trust... thinking he’d dodged the problem, but in fact he’d gone from one PFIC to another.” What was the result? And why is it such a problem? You’ll find out in this episode of From The Trenches.
Richard and James share real-world stories that highlight how easy it is to fall into tax traps when dealing with cross-border investments, especially for UK expats living in the US. You’ll hear how well-meaning financial decisions can backfire without the right context or professional advice, particularly around things like ISAs, investment trusts, PFIC reporting, and the long-term implications of missing forms like 3520 and 8621.
Plus, expert advice and insight into retirement readiness. Richard and James explores what changes when you stop earning, why even successful DIY investors often hand over the reins, and how complex planning becomes when you're managing assets across two tax systems. If you're a Brit in America navigating retirement, tax compliance, or residency decisions, this episode will help you avoid costly mistakes, understand the emotional weight of retirement planning, and see the real value of cross-border financial advice.
We're the Brits in America is affiliated with Plan First Wealth LLC, an SEC registered investment advisor. The views and opinions expressed in this program are those of the speakers and do not necessarily reflect the views or positions of Plan First Wealth.
Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Plan First Wealth does not provide any tax and/or legal advice and strongly recommends that listeners seek their own advice in these areas.
The UK has moved to a residency-based tax system, and the rules aren’t just complex, they’re strict. Whether you’re planning to return home full-time or just thinking about splitting your time between the US and the UK, this episode is essential listening.
Richard Taylor is joined by listener favourite and raconteur Aidan Grant – a partner in the tax and trust estate team at Collyer Bristow. Aidan and Richard explore:
· How the UK’s Statutory Residency Test (SRT) works (and how easy it is to trip over it)
· The four key ties HMRC uses to determine how many days you can spend in the UK
· Why pre-arrival tax planning is still critical, even under the new system
· What happens if you inadvertently trigger UK tax residency
· When and how to claim split year treatment or treaty relief
· The four-year ‘foreign income and gains’ regime, and how to use it strategically
· Why staying under the threshold in early years can protect you from UK inheritance tax down the line
If you're a Brit in America considering a return home, or even just thinking of spending part of the year working in the UK, this episode could save you a lot of money, time, and stress.
To get more insights like this direct to your inbox, sign up at www.planfirstwealth.com
We're the Brits in America is affiliated with Plan First Wealth LLC, an SEC registered investment advisor. The views and opinions expressed in this program are those of the speakers and do not necessarily reflect the views or positions of Plan First Wealth.
Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Plan First Wealth does not provide any tax and/or legal advice and strongly recommends that listeners seek their own advice in these areas.
The market has rebounded from a rough April, but that period caused significant emotional stress for both clients and advisors. In these market downturns it’s crucial to put your emotions to one side and stick to your plan.
What’s happened in June? And we’re only a few days into July but so much has happened there too; Richard Taylor and James Boyle go back into the trenches to unpack it all.
Plus, a few cautionary tales: Richard has a friend who – for years – has been constantly predicting a catastrophic market crash. As a result his investment plan is needlessly conservative. Another acquaintance tells of his experience with the 2008 market crash; panic selling resulted in the loss of huge returns over the decades.
Richard and James discuss another investor who made a common mistake, siloing US and UK tax advisors and not giving his advisors on either side the full picture. Despite investing in cross-border advice from one of the better-known tax advisory firms in the business, the client might now face PFIC tax issues in the hundreds of thousands.
The bottom line: ensure you have the right advisors and they are working together. The unique workings of the US tax system and its state-based rules are confusing for expats – make sure you get the right advice.
We're the Brits in America is affiliated with Plan First Wealth LLC, an SEC registered investment advisor. The views and opinions expressed in this program are those of the speakers and do not necessarily reflect the views or positions of Plan First Wealth.
Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Plan First Wealth does not provide any tax and/or legal advice and strongly recommends that listeners seek their own advice in these areas.
If you're an expat of means in America and you don't have a good cross-border team around you - financial, tax, and estate – there’s a high chance you’re in non-compliance. That’s especially true with UK pension holders in the US.
This week’s Ask An Expert is with Holly Caulder, partner at Buzzacott. Holly specialises in planning and advice solutions for US residents with non-US pensions, shareholders of controlled foreign corporations and beneficiaries of non-US trusts. If this is you, you won’t want to miss this episode.
The potential landmines are significant, so you’ll hear how Holly and Richard would advise you to:
Report UK Pensions Correctly in the US
If you have a UK pension, it must be reported on key US tax forms like the FBAR and Form 8938, even if it’s inactive and no new contributions are being made. Holly stresses that failing to do this can lead to serious IRS penalties.
Use the US-UK Tax Treaty to Your Advantage
The US-UK tax treaty can help reduce your tax bill. Filing Form 8833 lets you claim treaty benefits, such as excluding UK pension growth from US tax. Richard points out that doing this every year can save money and avoid trouble.
Plan Pension Moves Carefully
Thinking about rolling over your pension or taking a distribution (e.g. transferring to a SIPP)? Talk to a tax advisor first. Holly notes that claiming treaty exemptions early and knowing state tax rules (like in California vs. New York) can prevent surprise taxes. Get advice before making any moves to stay compliant and minimise tax.
If you're enjoying the show, please follow it wherever you’re listening to it now, and consider leaving a 5 star rating and review to help the mission, which is to help expats and immigrants thrive in America. Visit planfirstwealth.com to learn more about our services and connect with Richard Taylor on LinkedIn.
We're the Brits in America is affiliated with Plan First Wealth LLC, an SEC registered investment advisor. The views and opinions expressed in this program are those of the speakers and do not necessarily reflect the views or positions of Plan First Wealth.
Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Plan First Wealth does not provide any tax and/or legal advice and strongly recommends that listeners seek their own advice in these areas.
Comments
Download from Google Play
Download from App Store
United States