All individuals need to plan and save for their retirement to ensure a secure and comfortable retirement. However, retirement planning becomes all the more necessary and complicated for habitual expatriates.
Habitual expatriates move from one country to another and switch jobs more frequently than others. Thus, with different retirement systems and policies in different countries, habitual expatriates must plan their retirement with extensive foreknowledge to receive as much coverage, tax benefits, and sustainability as possible.
Challenges Faced by Habitual Expatriates
Habitual expatriates are required to put extra thought into their retirement planning due to their ever-changing locations and lifestyle. Their guiding rules and regulations also keep changing with their country, and so do their pension schemes.…Continue reading