Wealth Management?

[SlackBladder]

First of all, please excuse my total ignorance in my questions.

Aim.... To achieve a monthly income, without reducing my initial investment too much.

In a months time I will have sold most of my assets in the UK with the plan to retire early to the far east.

Capital to invest £500 to 600K

I'd like to achieve a minimum 5% on this giving me £2K to live on.

As I'll be living overseas I'm not sure that I'll be liable for a tax on the income?

Any suggestions as to where I should invest or who I should ask for advice?

Again, excuse my ignorance.

[I 8 a 4RE]

Speak to JulianPH or ask this question again in the sticky thread on top of this forum

[Simpo Two]

Is now a good time to be selling UK assets?

I am sure somebody will want some tax off you somewhere! - and it may not all be income but dividends and capital gains.

Is there a pension in the mix?

[SlackBladder]

I 8 a 4RE said:

Speak to JulianPH or ask this question again in the sticky thread on top of this forum

Will do, thanks.

[SlackBladder]

Simpo Two said:

Is now a good time to be selling UK assets?

I am sure somebody will want some tax off you somewhere! - and it may not all be income but dividends and capital gains.

Is there a pension in the mix?

House was sold but yet to exchange pre covid19 and my pension has not been taken into consideration with the sums involved.

[DoubleSix]

You need financial planning and international tax advice.

The investment solution, (or perhaps simple model portfolios via Intelligent Money) are just one small part of the picture.