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Elder Care Information |
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Retiring Abroad and Leaving the Grey Skies of the UK
Retiring abroad needs careful planning. Not all countries have the same entitlement to benefits as the UK and your tax liability may be affected.UK nationals have the right to retire in any European Economic Area (EEA) country. If you intend to move to any other country, you should speak first to the British Consul in that country and its foreign consulate here in the UK. If you are planning to retire abroad, here are some things to consider: Calculate your retirement income. Contact the Retirement Pension Forecasting and Advice Unit (RPFA) for a state pension forecast. If you are living abroad then the Inland Revenue can help. Entitlements can vary according to the country of residence Ask the Inland Revenue for information about tax liability on any income over the UK personal allowance. The amount of UK tax you will have to pay from abroad can vary depending on where you decide to live. Seek independent tax advice about any benefits to you held in offshore banking, as this could reduce your tax liability depending on where you plan to live. Find out about welfare rights abroad. Some UK benefits are not payable outside the UK, others apply only in the EU or in countries which have agreements with the UK Inform your social security office or Jobcentre Plus, the Inland Revenue National Insurance Contributions Office (International Services) and the Department for Work and Pensions when you move and provide your contact details abroad. You should also tell them if you change address again or return to the UK Find out about health care costs in the country you want to retire to. The Department for Work and Pensions will be able to advice on your rights in EU countries. Taking care of your health, the most important aspect of preparing to live abroad Health Care Abroad: There is nothing more important than your health so it is essential that you plan for any eventualities that may occur whilst living abroad. The UK government strongly advises that you take out health insurance to cover private medical and dental treatment, as well as medical repatriation. Keeping your home in the UK If you are decide to keep your property in the UK and it is going to be empty or rented out, you will need to let your local council know, and you will also need to look at how the property can be kept secure while you are away. Contact your local council. The council tax department and the electoral registration unit will need to know when you are planning to move and a forwarding address The Bills Notify your utility companies that you are moving in order to get your final bills and provide a forwarding address for them to send you any outstanding payments or refunds tell your bank, building society or any financial institution that you have a policy or agreement with that you are moving abroad have your mail forwarded by asking for a redirection form from the Post Office. Nicholas Marr
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The Washington Post Caregiver returns for a life in aged care South Gippsland Sentinel-Times Wisconsin will need almost 10K more elder care workers to keep up with aging baby boomers Wisconsin Public Radio News B.C. judge orders $1.2 million home returned to victim in shocking case of elder abuse Vancouver Sun CT long-term care insurance prices are skyrocketing. Here’s what to know. The Connecticut Mirror Seniors Housing Operating Performance Cushman & Wakefield The truth about putting off an aged care assessment Money magazine MLA presses government on status of elder-care home work Nunatsiaq News Quebec is ‘one minute to midnight before a collapse of the elder-care system,’ provider says Montreal Gazette Elder Care Graduates in Hot Demand in China Sixth Tone Evolutionary game analysis of building a sustainable intelligent elderly care service platform Nature.com Opinion | The Decline in Geriatric Care Hurts Us All The New York Times Ontario Building New Hospital in Moosonee Government of Ontario News Georgia State University, A.G. Rhodes Launch Innovative Elder Care Partnership Georgia State University News When the Retirement Community Goes Bankrupt The New York Times Automation Solutions for an Aging Society: The Future of Elder Care A3 Association for Advancing Automation Wes Johnson Family Launches GoFundMe After Beloved Elder Scrolls Actor Found "Barely Alive" TheGamer Increasing Women's Workforce Participation in Mexico requires support for Child and Elder Care World Bank WHO calls for urgent transformation of care and support systems for older people World Health Organization Opportunities and challenges of integrating artificial intelligence in China's elderly care services Nature.com Elder Care Assistive Robots Market Size, Share Report, 2030 Grand View Research Exclusive | Harris' plan for in-home elder care will cost tens of billions more than projected: economists New York Post New research challenges COVID-19 furlough policies in elder care McKnight's Long-Term Care News When Caring for Your Parents Comes at a Cost to Your Career The Wall Street Journal Berkshire County Elder Services leaders breathe a sigh of relief for now but remain cautious about the program’s future theberkshireedge.com Ensuring Families Have the Resources To Care for Older Adults Center For American Progress |
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