Our Solutions – Expatriate – Europe
Our Solutions
Utmost Wealth Solutions provides insurance-based solutions to high net worth clients who want to sustain and pass on their wealth. Life insurance is a robust and proven solution, which assists in financial planning, enabling clients to pass on their wealth in a controlled manner.
Wealth solutions is our core business. We employ focus, scale and technical expertise to safeguard our clients’ wealth.
Apex (France): A solution designed for expatriates that puts you in control
Apex is a single premium life insurance policy (Assurance Vie) specifically created for expatriates who are living and tax resident in France and looking for a tax-efficient flexible solution. The Apex product offers additional functionality aimed at the needs of the expatriate client – to cover portability (including a return to the UK) and succession planning to cover beneficiaries in different countries. Apex offers an exceptional combination of investment choice, including the option of an extensive range of funds, access to an investment platform and the ability to appoint a discretionary fund manager or investment adviser.
Key Features
The product is suitable for expatriates and other residents living in France seeking a lump sum investment option. The minimum initial premium is €100,000 with the option for additional contributions at a later date. The product also offers attractive flexibility around investment options and portability.
Apex (Portugal): A solution designed for expatriates that puts you in control
Apex is a single premium life insurance policy specifically created for expatriates who are living and tax resident in Portugal and looking for a tax-efficient flexible solution. The Apex product offers additional functionality aimed at the needs of the expatriate client – to cover portability (including a return to the UK) and succession planning to cover beneficiaries in different countries. Apex offers an exceptional combination of investment choice, including the option of an extensive range of funds, access to an investment platform and the ability to appoint a discretionary investment manager.
Key Features
The product is suitable for expatriates and other residents living in Portugal seeking a lump sum investment option. The minimum initial premium is €100,000 with the option for additional contributions at a later date. The product also offers attractive flexibility around investment options and portability.
Spanish collective investment bond: a straightforward investment for Spanish residents
The Spanish Collective Investment Bond (SCIB) is an international, single premium, unit-linked life insurance policy, which provides a straightforward and efficient investment product for expatriates living in Spain, allowing them to defer and minimise the impact of Spanish personal income tax on the portfolio. It is suitable for clients who want all the benefits of a diverse portfolio wrapped up in one policy that is Spanish tax compliant. The investments available through the SCIB are restricted to collective investments, such as UCITS funds, to ensure compliance with Spanish requirements for the policy to provide tax deferral benefits in Spain.
Key Features
The product is suitable for English speaking expatriates who are resident in Spain. The minimum initial premium is €100,000 with the option for additional contributions at a later date. The product also offers attractive flexibility with a wide range of permissible collective investments, allowing fund switching and portability.
European executive investment bond: helping clients plan for a comfortable retirement overseas
The European Executive Investment Bond (EEIB) gives you significant flexibility and freedom of choice, through access to a wide range of investment asset types.
The EEIB is only available when placed into a corporate pension. While Utmost International itself doesn’t provide a corporate pension, the EEIB can be held within a corporate pension and used to provide increased investment choices and simplify the administration of investments, cost effectively and conveniently.
We have a number of years’ experience in providing solutions for individuals wishing to transfer their UK pension.
It may be worth considering moving your existing UK pension arrangement if:
- you are living and working abroad already and want to consolidate your pension arrangements and continue saving for your retirement, or
- you have retired abroad, and you do not intend to return to the UK.
Key Features
The product is suitable for expatriates and other residents living in the European Union (provided the financial adviser has suitable passporting rights). The minimum initial premium is €75,000, with the option for additional contributions at a later date.
Download our Brochure ‘Take your pension away with you’ here
Benefits of Utmost wealth solutions
In Europe, policies are written from our Irish life company, Utmost PanEurope dac. They benefit from Ireland’s strong insurance regulatory regime, Solvency II and Ireland’s robust policyholder protection regime. Additionally, there is no VAT charged on management fees.
For Key Information Documents (KIDs) and information on your investment options
Visit our literature library for the full range of Expatriate material
How can we help?
To find out more about our solutions available in Expatriates in Europe, please contact our sales team.
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Customer support
If you have a query about an existing policy, please contact our customer support team.
Customer support