Wealth manager London & Capital is launching a service targeted at US expats in France.
It will offer advice on local French and US tax regulations along with investment advice on both US and European assets, including US retirement advice.
The firm says that, in addition to taking account of both US and French tax codes, it is also important that any investment plans are “currency aware”.
Adam Myers, associate at London & Capital, said: “Americans living and working in France, particularly high net worth individuals, are facing an increasingly complex tangle of regulatory and reporting requirements.
“For American investors in France, it is essential that any portfolio is constructed with a global, currency-aware investment strategy, consolidated with investments elsewhere in the world, and administered in a way that is optimised for both French and US tax codes and reporting.”
“Our US family office team work hand-in-hand with our investment desk to create bespoke investment portfolios for each client, based on strategic global asset allocation and implemented within the appropriate investments and wrappers to meet their long-term objectives.”
The US embassy estimates that are around 100,000 US expats in France.
