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Blacktower Financial Management wishes you a merry festive season and a prosperous New Year
As the festive season approaches, Blacktower Financial Management would like to extend their warmest wishes to you and your loved ones. Whether you’re celebrating Christmas, Hanukkah or simply enjoying a well-earned break, may the holidays bring joy, peace and cherished moments with those closest to you.
The start of a new year is a perfect opportunity to reflect on your financial plans and ensure they align with your goals for 2025 and beyond. Whether you’re planning for retirement, growing your investments or protecting your family’s financial future, Blacktower’s experienced advisers are here to provide personalised support tailored to your needs.
With almost 40 years of expertise in wealth management, investment advice and retirement solutions, Blacktower Financial Management serves clients worldwide, offering bespoke strategies that consider your unique circumstances and aspirations.
As you enjoy the festivities and look towards the coming year, it’s the perfect time to reflect on your financial plans. Whether you’re just beginning to put arrangements in place or seeking more effective ways to make your money work for you, the steps you take now can help lay the groundwork for a secure and prosperous future.
Get in touch to arrange a free consultation with an expert adviser in the New Year to help you achieve your financial ambitions.
From everyone at Blacktower Financial Management, here’s wishing you a joyous holiday season and a New Year filled with success and opportunity!
Visit www.BlacktowerFM.com to learn more about the services on offer and how they can support your financial journey.
Plan today. Protect tomorrow.
The local Blacktower address is: 120 Avenida Dr. Artero Guirao 2C. San Pedro Del Pinatar, 30740, Murcia, Spain
If you want more information or wish to make an appointment to discuss your own situation then call 0034 657 684 094 or email keith.littlewood@blacktowerfm.com
Blacktower Insurance Agents and Advisors Limited is authorised and regulated by the Cyprus Insurance Companies Control Service (ICCS) under Licence number 5101. Blacktower Financial Management (Cyprus) Limited is licensed and regulated by the Cyprus Securities &Exchange Commission (“CySEC”) with Licence number 386/20.
This communication is for informational purposes only and is not intended to constitute, and should not be construed as, investment advice, investment recommendations or investment research. You should seek advice from a professional adviser before embarking on any financial planning activity. Whilst every effort has been made to ensure the information contained in this communication is correct, we are not responsible for any errors or omissions.
Address
120 Avenida Dr. Artero Guirao 2C. San Pedro Del Pinatar, 30740, Murcia, Spain.Tel: +34 657 684 094
Financial Advice Issues for Expats in Spain
I have been a Qualified Financial Adviser for almost 35 years now. 25 years in the UK for major institutions such as Natwest, RBS and Royal London. I have been in Spain giving expats financial advice now for 10 years and it is quite remarkable the different approaches as well as advice that is required for an expat now living in Spain. Blacktower is a company that has specialised in providing the best solutions for its clients living outside the UK for 30 years also.
The currency issue is always high on the agenda and a discussion for the long term future has to be taken onto account. Questions like What will happen if one partner dies? Will the other remain in Spain? What about other family members? What Inheritance tax provisions do you have in place? The list goes on and on.
Existing portfolio’s and investments that were the mainstay of portfolios in the UK may now be obsolete. An example of this is quite often tax efficient products in the UK like ISA’s and previously held TESSA’s PEP’s actually have low growth rates and provide no tax advantage to a Spanish fiscal resident.
Existing Pension holdings either paid by the state or private pensions built up through working lifetimes are topics that have to be covered. Many expats have lots of small pensions from many ex employers and can be confused by the communications and administration in dealing with them. At Blacktower we specialise in advising on how to consolidate and bring all these pensions together in one place.
Bank accounts and investments in Spain always bring up lots of questions too. Quite often the small print associated with financial products in Spain is in Spanish this can make it very difficult even if you have a good grasp of the language. Understanding Jargon in English is sometime difficult enough. I provide clear easy to understand letters and documents in English so that you fully understand any terms and conditions before making a decision.
Advice on tax efficiency is just as important and offering good returns. There are products available exclusively for Spanish expats that can provide invaluable benefits. Having a good base knowledge of the tax implications both now and in the future is an essential ingredient to making a sound decision.
I will complete a thorough factfind, ask you the right questions, establish your individual needs, attitude to risk and capacity for loss and desired returns before providing you with a full written report of advice and my recommendations in plain English. You will then have time to read and consider all the information before contacting me with how you wish to proceed.
Click for more information about Keith Littlewood.
The above information was correct at the time of preparation and does not constitute investment advice and you should seek advice from a professional adviser before embarking on any financial planning activity.
Blacktower Financial Management (Int) Ltd is licensed in Gibraltar by the Financial Services Commission (FSC) and is registered with both the DGS and CNMV in Spain
