Trend 3: Sustainable and ESG Investing
Sustainable and ESG investing has been on the rise, and this trend is set to continue in 2024. Expatriates who prioritise responsible investing will find more opportunities to align their financial goals with their values. However, due diligence is essential to avoid "greenwashing" and to ensure investments have a genuine positive impact.
Trend 4: Geopolitical Shifts and Their Financial Implications
Geopolitical tensions and shifts can have profound effects on global markets. In 2024, expatriates should stay informed about international relations and political developments, as these can influence market stability, particularly in emerging markets and regions with high expat populations.
Trend 5: Retirement Planning in a Changing World
As life expectancies increase and the global population ages, retirement planning continues to be a critical aspect of financial planning. In 2024, expatriates need to consider various factors, including fluctuating pension schemes, healthcare costs, and the possibility of retiring in a different country.
Conclusion:
Looking ahead to 2024, it’s clear that the world of expatriate financial planning is as dynamic as ever. At Brigantia Private Wealth Management, we’re committed to helping our clients navigate these trends with bespoke advice and strategies. Whether you’re adjusting to new monetary policies, embracing digital finance, investing sustainably, monitoring geopolitical changes, or planning for retirement, we’re here to support your financial journey in the coming year and beyond.