Private Client Dining Club (PCD Club) recently featured Martin Scullion on its podcast series discussing the financial planning and cross-border tax considerations facing American families relocating to London under the UK’s new Foreign Income and Gains (FIG) regime.

Speaking alongside Nick Wood from Sarasin & Partners, Martin explored the practical challenges internationally mobile families may encounter when moving to the UK, including investment restructuring, inheritance tax planning, and the complexities of navigating both US and UK tax systems.

Using a fictional case study, the discussion covered a range of key topics, including:

• The opportunities created by the UK’s four-year FIG regime

• PFIC risks and the tax treatment of US investment portfolios

• The UK treatment of US 529 education savings plans

• Cross-border trust and LLC structures

• Long-term inheritance tax planning for US-connected families

During the conversation, Martin highlighted the importance of taking advice early and using the four-year FIG window effectively, noting that delays in planning can become costly over time.

Martin advises US-connected individuals and families on a range of cross-border tax matters, including trusts, residency, estate planning and international wealth structuring.

Read the full feature and listen to the podcast from PCD Club here.

If you’re planning a move to the UK and would like to discuss the tax and financial planning considerations involved, get in touch with our team below.