Expat Wealth - Cross-Border Financial Advice for Expats in America and Americans Abroad
Expat Wealth - Cross-Border Financial Advice for Expats in America and Americans Abroad

Expat Wealth - Cross-Border Financial Advice for Expats in America and Americans Abroad

Richard Taylor

Overview
Episodes

Details

With the right financial advice, landmines that threaten expat wealth can be avoided. Often encountered by US-connected expats, these financial landmines are more numerous, more hazardous, and less understood than almost anywhere else in the world. As a result, non-cross border professionals, wealth advisors, and even international advisors are often unaware of them. But don’t worry, Expat Wealth has you covered.   Expat Wealth is dedicated to helping ambitious US-connected expats and immigrants navigate those challenges — and thrive. Whether you’ve moved to the US for opportunity, or are an American seeking adventure and growth abroad, our job is to equip you with the tools and insights you need to succeed.  Each Thursday, host Richard Taylor — dual UK/US citizen and Chartered Financial Planner — explores the critical topics you need to understand to protect your financial security and make the most of your global life. From tax and compliance pitfalls to investment planning and estate strategies, our team of expat wealth advisors cover what matters most to cross-border individuals.  Here’s what to expect on Expat Wealth:  1st Thursday: Richard is joined by James Boyle, Partner at Plan First Wealth. Together, they take you behind the scenes as they are building a business that serves the expat community. Get guidance for expats and retirement planning tips  2nd & 4th Thursdays: Expert interviews featuring top voices in cross-border tax, finance, estate planning, immigration, and more. Get expat tax tips from professionals and learn more about your tax and legal obligations.    3rd Thursday: A global economic and investment roundup to help you stay ahead of the game with Brian Dunhill, founder of Dunhill Financial and American investment advisor based in the UK. Get cross-border financial planning tips to help you plan for a better retirement.  Past guests on Expat Wealth have included:  Virginia La Torre Jeker – International tax expert and founder of US-Tax.org  Dan Price – Former IRS attorney with over 20 years of experience in offshore compliance  Paula Jones – US estate planning attorney specializing in cross-border matters  Full video recordings of each episode are released on YouTube on the @planfirstwealth channel.  https://www.youtube.com/@planfirstwealth Host bio:  Richard Taylor is a British expatriate and dual UK/US citizen, originally from the UK and now based in Greenwich, Connecticut. A UK Chartered Financial Planner with international experience spanning the UK, Dubai, and the US, Richard was struck by how uniquely complex and challenging the financial landscape is for US-connected expatriates and immigrants — challenges that simply don’t exist elsewhere.  He was particularly alarmed by the severe penalties that can result from simple mistakes, and how many expats, drawn to America for their career and financial opportunities, unknowingly put their financial futures at risk. Motivated by this, Richard founded a financial and investment planning firm focused on the needs of expats.  That mission later expanded into a podcast, created to share vital information and cross-border tax advice with a broader audience. His goal: to help international, mobile individuals thrive — by seizing global opportunities while avoiding the hidden financial pitfalls that can undermine success both in America and abroad.  --  Expat Wealth is supported by Plan First Wealth. Plan First Wealth is a Registered Investment Advisor serving fellow expatriates and immigrants living across the US on matters such as retirement planning, investment management, tax planning and non-US asset management.   https://planfirstwealth.com/  You will like Expat Wealth if you like The Expat Money Show and Gimme Some Truth “Expat” Podcast. 

Recent Episodes

81. Moving to Europe as an American: The Tax Mistakes That Can Cost You Dearly
APR 9, 2026
81. Moving to Europe as an American: The Tax Mistakes That Can Cost You Dearly
For Americans moving abroad, the dream of a new life in Europe can quickly become complicated by US tax rules, foreign reporting requirements, estate planning mismatches, and costly investment mistakes. From buying property in France, to opening a business in Spain, to holding foreign mutual funds or trusts that no longer work overseas, the consequences of poor planning can be severe and expensive to unwind.  For those considering moving to America or moving to the US in the future, many of these same cross-border challenges apply in reverse, making early planning essential regardless of direction.  Richard Taylor – dual UK/US citizen and Chartered Financial Planner – is joined by Christine Alexis Concepcion – international tax attorney and Managing Partner at Concepcion Global PLLC – to discuss what US citizens and green card holders need to know before relocating abroad, especially to Europe. They explore ongoing US tax obligations, the risks of investing or structuring assets incorrectly, and why trying to “figure it out later” often leads to significantly higher costs.  Drawing on real client scenarios, they highlight how decisions around foreign investments, business advise, and international wealth structuring can create long-term tax exposure if not handled correctly. They also explain why working with a qualified wealth advisor and US tax help specialists is critical for navigating cross border complexity.  In this episode of Expat Wealth, Richard and Christine discuss:  How Americans and green card holders remain subject to US tax filing obligations on worldwide income and assets, even after moving abroad.  Why forming a foreign company, investing in a foreign business, or buying non-US mutual funds without planning can trigger punitive tax treatment and complex reporting requirements.  How trusts, foreign property purchases, and cross-border estate planning can create major problems in Europe if not reviewed before a move.  Why proactive planning with US and local-country specialists can reduce costs, protect long-term wealth, and help expats access the full benefits of international wealth planning.  –  Expat Wealth is supported by Plan First Wealth. Plan First Wealth is a Registered Investment Advisor serving fellow expatriates and immigrants living across the US on matters such as retirement planning, investment management, tax planning and non-US asset management.  https://planfirstwealth.com/  –  Expat Wealth is affiliated with Plan First Wealth LLC, an SEC registered investment advisor. The views and opinions expressed in this program are those of the speakers and do not necessarily reflect the views or positions of Plan First Wealth.  Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Plan First Wealth does not provide any tax and/or legal advice and strongly recommends that listeners seek their own advice in these areas.    ABOUT RICHARD:  Richard Taylor is a British expat, dual citizen (UK & US). Originally from Bolton, he now lives in Greenwich, CT, where Plan First Wealth has its head office.  As the firm’s leader, Richard launched Taylor & Taylor, now Plan First Wealth, and continues to fuel the firm’s growth. Richard is a Chartered Financial Planner (UK – CII) in addition to holding the IMC (CFA UK) and Series 65 (US – FINRA).  Connect with Richard on LinkedIn 
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51 MIN
80. Roth IRAs, Market Chaos and Why Expats Are Leaving America
APR 2, 2026
80. Roth IRAs, Market Chaos and Why Expats Are Leaving America
Something is shifting. The questions arriving at Plan First Wealth are changing: clients rattled by geopolitical headlines wanting to know if now is the time to act, expats who've spent decades building lives in America quietly deciding they're done, and British expats returning home realising they left their financial planning far too late. In this in‑person episode from New York City, Richard Taylor and James Boyle reflect on a record‑breaking first quarter at Plan First Wealth, and the conversation reflects exactly where things stand right now.  In this episode of Expat Wealth, Richard Taylor, dual UK/US citizen and Chartered Financial Planner, sits down with James Boyle, Lead Financial Planner at Plan First Wealth, to take stock of a record-breaking quarter, dig into Roth strategy, and talk candidly about what the current political climate is doing to globally mobile families navigating dual tax UK and US rules.  You'll hear insights on:  The Iran situation, oil prices, and why staying invested through geopolitical volatility is still the right call for expats, and why timing the market almost always backfires.  A plain-English breakdown of Roth IRAs, backdoor Roths, and mega backdoor Roths, including why these accounts are particularly powerful for British expats and anyone considering leaving America.  Expat tax advice on the Roth vs ISA comparison, what matters under the US UK tax treaty, and what can go wrong if you don't understand how each account is treated across borders.  The surge in expats leaving the US, what's driving it, why timing your departure by even a few months can have major tax consequences, and why two years' lead time is the gold standard for expat wealth planning.  The underrated power of a phased retirement, and how a consultancy income or board position can protect your portfolio from early drawdown and turn a borderline plan into a great one.  --    Expat Wealth is supported by Plan First Wealth. Plan First Wealth is a Registered Investment Advisor serving fellow expatriates and immigrants living across the US on matters such as retirement planning, investment management, tax planning and non-US asset management.    https://planfirstwealth.com/    --    Expat Wealth is affiliated with Plan First Wealth LLC, an SEC registered investment advisor. The views and opinions expressed in this program are those of the speakers and do not necessarily reflect the views or positions of Plan First Wealth.      Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Plan First Wealth does not provide any tax and/or legal advice and strongly recommends that listeners seek their own advice in these areas. 
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59 MIN
79. Demats, PFICs and Provident Funds: What Indians Moving to America Need to Know 
MAR 26, 2026
79. Demats, PFICs and Provident Funds: What Indians Moving to America Need to Know 
Moving to the US is an exciting step, but for Indians making that move, the financial complexity can be significant. From Demat accounts and Provident Funds to ULIPs, the assets that made perfect sense back home can quickly become compliance headaches, tax traps, and costly surprises in America. The good news is that with the right guidance – ideally before you arrive – most of these problems are entirely avoidable.    In this episode of Expat Wealth, Richard Taylor – dual UK/US citizen and Chartered Financial Planner – is joined by Manasa Nadig, Enrolled Agent and owner of MN Tax and Business Services, and co-host of the International Money Cafe podcast. Together, they walk through the most common Indian financial assets held by expats in America, what US reporting rules apply to each, and why pre-immigration planning can make the difference between a smooth transition and years of non-compliance.  Richard and Manasa discuss:    The four main Indian asset categories that matter for US tax purposes: Bank accounts, Demat accounts, Provident Funds, and insurance policies each carry different reporting requirements under FATCA and FBAR. Manasa breaks down what each one is, how it maps to more familiar US equivalents, and why simply not knowing about them is no defence with the IRS.    Why Demat accounts and ULIPs may trigger the PFIC problem: Mutual funds and unit-linked insurance policies held in India are typically classified as Passive Foreign Investment Companies under US tax law, bringing punitive tax treatment and complex annual reporting. Richard and Manasa explore why these are so hard to unwind once you are stateside, and why catching people before they arrive is so much more valuable than cleaning up afterwards.    Inheritances, gifts, and real estate – the traps people miss: From inherited property in Mumbai to gold jewellery gifted by grandparents, assets crossing borders often trigger Form 3520 reporting requirements that catch even well-intentioned expats off guard.     Richard and Manasa explain what needs to be reported, what the actual tax consequences are, and why failing to report can be far more costly than the assets themselves.    --    Expat Wealth is supported by Plan First Wealth. Plan First Wealth is a Registered Investment Advisor serving fellow expatriates and immigrants living across the US on matters such as retirement planning, investment management, tax planning and non-US asset management.  https://planfirstwealth.com/    --    Expat Wealth is affiliated with Plan First Wealth LLC, an SEC registered investment advisor. The views and opinions expressed in this program are those of the speakers and do not necessarily reflect the views or positions of Plan First Wealth.  Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Plan First Wealth does not provide any tax and/or legal advice and strongly recommends that listeners seek their own advice in these areas. 
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44 MIN
78. Oil Shocks, Dollar Moves and Private Debt: What Expats Should Watch Now
MAR 19, 2026
78. Oil Shocks, Dollar Moves and Private Debt: What Expats Should Watch Now
Geopolitical shocks, market volatility, and policy uncertainty can create a lot of noise for investors, especially those managing wealth across borders. For expats, the challenge is not just understanding the headlines, but knowing what they actually mean for currency exposure, inflation risk, portfolio construction, and long-term financial plans. When markets move quickly, reacting emotionally can be costly. A measured approach, grounded in strategy, is often what matters most.  In this episode of Expat Wealth, Richard Taylor – dual UK/US citizen and Chartered Financial Planner – is joined by Brian Dunhill, his UK-based counterpart serving Americans in the UK, Europe and futher afield. Together, they unpack the latest macro developments affecting cross-border investors, from the market implications of rising tensions with Iran to the knock-on effects of oil price volatility, inflation fears, and shifts in the US dollar. They also explore concerns building in private debt markets and why liquidity still matters just as much as yield. For internationally mobile families and retirees, the key message is clear: market headlines may change fast, but disciplined portfolio positioning remains essential.  Richard and Brian discuss:  How oil shocks affect expat investors: Rising tensions in the Middle East have pushed oil prices higher and renewed concerns about inflation, consumer pressure, and market instability. Richard and Brian explain why energy price spikes matter so much for global portfolios and why expats should pay close attention to how geopolitical events filter through to daily costs, investment returns, and central bank policy.  Why dollar strength can create planning opportunities: While the US dollar briefly strengthened as investors moved toward perceived safe-haven assets, Richard and Brian explain why this may be a temporary move within a longer-term period of dollar weakness. For expats planning retirement abroad, funding major overseas purchases, or rebalancing assets between currencies, short-term FX moves may offer useful opportunities.  The risks emerging in private debt markets: Private debt has grown rapidly in recent years, but concerns are mounting around defaults, underwriting standards, and liquidity. Richard and Brian discuss why these products can look attractive on the surface, why they may not suit many retail investors, and why access to liquid, transparent fixed-income options remains a priority for cross-border financial planning.     --    Expat Wealth is supported by Plan First Wealth. Plan First Wealth is a Registered Investment Advisor serving fellow expatriates and immigrants living across the US on matters such as retirement planning, investment management, tax planning and non-US asset management.    https://planfirstwealth.com/    --    Expat Wealth is affiliated with Plan First Wealth LLC, an SEC registered investment advisor. The views and opinions expressed in this program are those of the speakers and do not necessarily reflect the views or positions of Plan First Wealth.      Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Plan First Wealth does not provide any tax and/or legal advice and strongly recommends that listeners seek their own advice in these areas.   
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43 MIN
77. Building a Post-Retirement Career: How Expats Can Start Crafting Their Portfolios
MAR 12, 2026
77. Building a Post-Retirement Career: How Expats Can Start Crafting Their Portfolios
Traditional retirement is evolving. For many senior executives, stepping away from corporate life is not about slowing down; it is about redefining purpose and supporting long-term financial growth. While many plan to “do some consulting,” few have a clear strategy for what their next chapter will look like. Transitioning from a high-performance career can be challenging, but a wide range of post-career opportunities, from mentoring and teaching to advisory work and portfolio careers, allows experienced leaders to apply their expertise in meaningful and flexible ways.       In this episode of Expat Wealth, Richard Taylor – dual UK/US citizen and Chartered Financial Planner – is joined by Naomi Kent – Founder and CEO of The Boardroom Company. They explore when and how professionals should begin preparing for retirement. The conversation covers what it takes to build a successful post-retirement career, from clarifying long-term goals to setting realistic expectations. Regardless of the path ahead, one principle is clear: retirement portfolios should be built intentionally throughout a career, not left as an afterthought, especially when managing international wealth and cross-border obligations.       Richard and Naomi discuss:         The impact of a polished post-retirement portfolio: Senior executives can build a well-rounded mix of activities, including paid board positions, advisory roles, fractional executive work, teaching, coaching, selective consulting, and personal pursuits such as travel, family, and health. This combination offers purpose and structure while enhancing their appeal to potential consultees.      The value of board work: Effective board members bring oversight, insight, and foresight, along with attributes such as curiosity, communication skills, and a manageable ego. Retirees don’t have to have been a CEO or even in the C-suite to be a strong director; niche expertise can be just as valuable.         The importance of networking and personal branding: Clear goals are essential for retirees targeting board roles. Defining the types of boards they aim to join, cultivating a board-ready personal brand, and developing a focused relationship strategy help candidates get off to the right start. Many opportunities already exist within established networks, and when board aspirations are clearly communicated and the right conversations are happening, new opportunities often emerge.     --    Expat Wealth is supported by Plan First Wealth. Plan First Wealth is a Registered Investment Advisor serving fellow expatriates and immigrants living across the US on matters such as retirement planning, investment management, tax planning and non-US asset management.    https://planfirstwealth.com/    --    Expat Wealth is affiliated with Plan First Wealth LLC, an SEC registered investment advisor. The views and opinions expressed in this program are those of the speakers and do not necessarily reflect the views or positions of Plan First Wealth.      Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Plan First Wealth does not provide any tax and/or legal advice and strongly recommends that listeners seek their own advice in these areas.   
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72 MIN