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Financial Advisor: What are your investment options as an EXPAT in Latin America?


As a foreign national, or more commonly known as an EXPAT living in Latin America you may wish to consider engaging a financial advisor to provide you with different investment options that meet your financial needs. With that said, a key part of this is considering what are your investment needs? What are your financial objectives? And what is your risk tolerance?

In this article we will explore these points further, but first:

What should you expect from your financial advisor?

Choosing the right investment advisor is critical and here is what you should expect from them:

  1. Understanding your unique investment needs as an EXPAT
  2. Analyzing your options
  3. Tailoring an investment solution for your needs
  4. Carrying out your choices
  5. Being committed to your financial success

Here we go deeper into what you should expect:

1. Understanding your investment needs as an EXPAT – The financial advisor should understand your financial objectives, timeline and tolerance for risk

2. Analyzing your needs – The financial advisor should work with you to review your current financial situation and evaluate investment strategies and options with you

3. Tailoring an investment solution for your needs – They should evaluate and present investment options that meet your needs, timeline and risk tolerances

4. Carrying out your choices – The should communicate clearly about the chosen investment plan, and carryout your instructions to the best of their ability

5. Being committed to your financial investment success – They should remain engaged, committed, provide regular updates and be available to answer any questions.

What are the common types of investment options for EXPATs in Latin America?

  • High Interest Accounts
  • Single Investment Funds
  • Portfolio Investment Funds
  • direct share investing
  • Real Estate

So what type of investment do most Expats choose for investment?

Most Expats usually invest in offshore Portfolio Investments Funds, as they present a far more liquid investment when compared to the other options, are usually denominated in United States Dollars or Euros and often have numerous tax advantages, which can vary depending on the tax residency of the Expat.

A Financial Advisor should best advise you to meet you financial needs and objectives

Key points when choosing where to invest as an EXPAT?

  1. Liquidity of the Investment
  2. Flexibility of the Investment
  3. Security of the Investment
  4. Investment Risk
  5. Investment Timeline
  6. Potential Return on Investment

What will you need to provide to start investing as an EXPAT?

This can vary based on the investment option chosen, however normally you will need to provide the following:

  1. Meeting with your chosen financial advisor
  2. Review your options and confirm your EXPAT investment strategy
  3. Complete an investment application form
  4. Provide a copy of your Passport (and secondary identification such as a drivers license)
  5. Provide a proof of residential address (ie Utility bill or bank statement is most common)
  6. Confirm your country of tax residency
  7. Transfer the initial deposit

As a market leader within the Latin American and Caribbean Region, with connections across all business and investment sectors we are well positioned to steer you in the right path and to ensure that your investment needs as an EXPAT are taken care off in a professional and competent manner.

Contact us today to find out more about how we can assist you with your EXPAT investment needs.

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