skip to main content
Cost of Living Cost of Living

Spotlight on...

Cost of Living for British Expats

The past few years has seen seismic events both in the UK and across the world which have had and continue to have a significant impact on the cost of living for everyone.

We conducted a survey amongst British expats to understand how the current cost of living crisis is affecting people with ties to the UK. 

Cost of Living Report for British Expats 2023

In late 2022 we conducted a survey of 200 British expats who maintain some ties with the UK to find out how the cost of living crisis in the UK and globally is affecting people whose lives span two or more different countries.

Using the results of the survey, we have created our latest report, How Rising Living Costs Are Impacting Expats’ Financial Choices in 2023, which explores the impact of various global and local events have been influencing expat finances, life decisions and mental well-being.

Our report provides insight, analysis and guidance covering the following subjects:

  • Property
  • Tax
  • Finances and retirement
  • Mental health

During this period of global uncertainty, its more important than ever for people with complex financial situations to ensure they’re making the right choices to secure their future and continue making the best possible decisions.

Read our summary of the report, which includes insight and essential tips for expats, and provides a general overview of the the key issues facing British expats in 2023.

You can also download our full report, which provides insight, analysis and support which will help expats understand how they can find trustworthy financial advisors amidst the minefield of expat financial advice.

 

Download the report

Download the report

File size: 464 KB

Related articles

Introductions and services for Cost of Living

Experts for Expats has been featured in...

As a UK property seller living abroad am I liable for ‘sneaky stealth taxes’ such as CGT? - As a UK property seller living abroad am I liable for ‘sneaky stealth taxes’ such as CGT? - click to see article
23% of British expats set to sell UK property - 23% of British expats set to sell UK property - click to see article
BBC Breakfast - Expats in Cyprus having issues with UK bank accounts - click to see article
Telegraph - Retiring Abroad Article - We wanted one more adventure’ – the Britons who retired to their favourite holiday destinations - click to see article
Are you a British expat whose bank account is being closed due to Brexit? Here's what's happening and what you can do about it - Are you a British expat whose bank account is being closed due to Brexit? Here's what's happening and what you can do about it - click to see article
Saga - Want to retire in the EU? What could the future hold for you? - click to see article

Testimonials

What expats say about our experts

Excellent responses and consultant was honest enough to admit that I didn’t need to pay for ongoing support. He provided the advice needed.

Ian T.

Double Tax Relief introduction in China

A highly professional yet friendly interaction which addressed my concerns about my CGT liability and helped me reassess the criteria used as basis for calculating the amount due. Very happy with the service.

Howard P.

Capital Gains Tax introduction in Ireland

Contacted quickly by a Spanish tax expert who could answer our initial questions and set out the way forward in detail with fees clearly explained.

Paul J.

Spanish Tax Planning introduction in United Kingdom

Very good service, easy to use, straightforward, very generous appointment with excellent advice. Will certainly come back when time is right to take action.

Terrhi H.

Inheritance tax and estate planning introduction in United Kingdom

The Experts for Expats is a top class website. It is to be highly recommended for its clear approach to handling Capital Gains Tax returns to HMRC especially as it is probably an aspect that only rarely needs to be dealt with my most people. For this reason it is a relief to come across such a website that is very clear on what doing a proper return entails. In the first instance it sets out a framework that shows what needs to be known to complete the tax return. It does provide a tailored service. The ease of making a full and proper tax return is assured by how the site matches a particular Accountant from a team of Tax Experts to deal with the particular query. There is very useful follow up to ensure contact is made.

Dermot C.

UK and Irish Tax introduction in Ireland

I had the most comprehensive advice when compared to other potential providers. The session was the length required for my enquiry - not limited to 15 minutes. The advice included elements I could do myself, ie at no fee. Various options I wasn't aware of were raised and explored.

Caroline T.

Common Reporting Standard introduction in United Kingdom

Great Service! I was worried that I would be opening myself up to endless marketing emails and calls. This was not the case at all. A thoroughly professional service.

Paul E.

US/UK dual tax matters introduction in United States

Excellent service, well managed, timely and followed up to ensure being serviced. Very good experience.

Ian M.

Investment Advice introduction in Qatar