Managing your finances

Like the language, food and weather, managing your money is likely to be different abroad. There will be different rules and procedures to follow and you'll probably need a local bank account to process everyday payments like utilities bills.

In addition, your tax status in the UK will have changed and this will have money management implications. For example, did you know you may no longer pay into an ISA if you cease to be resident in the UK? However, it may be tax efficient for you to open an offshore account.

At Barclays we have many years' experience in advising customers on managing their finances abroad. Our Global Access Package can help you:

Set up a local bank account
Benefit from possible tax efficiencies
Maximise your savings, for example in an offshore account.
Manage your property in the UK
Arrange a mortgage for a property abroad
Access English speaking International Telephone & Online Banking

There are many other benefits too. Find out more about the full range of benefits from Barclays Global Banking.

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