Living abroad, returning home? Get help making the most of your money from HSBC Expat

Moving back home

Moving back home


Going home. Back to family, friends and all those little things you missed while you've been away. It's an exciting time. But there are a lot of things you need to organise - including your finances.

To help you move back home, and make the most of the opportunities available to you, we've listed some of the main things you should think about below - and explained how we can help. We've also provided a range of tools, videos and articles to help you find out more about repatriation - and how it affects you.

Things to consider

  • Moving back home can affect your tax situation, your savings and your investments - so you should talk to a financial expert.
  • Your retirement planning and pension arrangements could be affected too, so you'll need to think about whether you want to continue paying into these - or make new arrangements back home.
  • If you closed your bank account in your home country, you may no longer have a credit history - so it may be worth keeping an offshore account open until you arrange a new account back home.
  • If you've been earning in a different currency from your home currency, and you're planning to repatriate some or all of your wealth, you may not be aware of the foreign exchange solutions available to you.

Talk to us when planning your return home

  • Expert advice
    We're expat specialists, so we can explain how (and when) to repatriate your wealth - we can also help you take advantage of any available tax efficiencies.
  • Simple set up
    If you don't have a bank account bank home, or an offshore account, we can arrange them for you - giving you fast, flexible and secure access to your money.
  • Foreign exchange
    We have foreign exchange specialists who can explain the options available to you, and solutions that let you fix the rate of exchange - in spite of movements in the currency markets.
  • Global connections
    We're based in Jersey (Channel Islands), and are part of HSBC Group. So you'll receive all the benefits of HSBC's global reach and local knowledge.

Your tax situation will depend on your personal circumstances and we recommend you obtain independent tax advice. Any tax information is based on our understanding of current and proposed legislation and practice. The legislation and practice may be subject to change.

Please remember that the value of investments, and any income received from them can fall as well as rise, is not guaranteed and you may not get back the amount you invested. We always recommend that any Investments held should be viewed as a medium to long-term investment, at least five years. This could also happen as a result of changes in currency exchange rates, particularly where overseas securities are held or where investments are converted from one currency to another.



Resources for expats

You can also use these tools, videos and articles to help you get the most from your time overseas and to plan your move back home.

Organising your finances
Our Guardian guides cover almost every aspect of expat life - family finances to tax Expat guides
Our expat social network
Our social media sites are a great source of information and advice - essential reading for expats - and we have specific posts with information about moving back home. Blog post: How to prevent the culture shock of repatriation
Blog post: Top Tips for Repatriation
Our expat social network
Understanding tax
Use our Global Tax Navigator to get information on the tax implications of leaving your current country and returning home. Global tax navigator
Our practical guide to tax. Tax guide
Expats and tax - this 6 minute video is packed with useful information. Tax video