Advisors Worldwide
School Fee Planning
Advisers Worldwide Limited specialises in servicing the financial needs of expatriates, and we would like to offer our expertise to your organisation.
While stationed overseas corporate employees should only receive advice from qualified financial planners. All of our advisers are fully qualified and experienced in servicing the financial needs of expatriates, and offer additional security with comprehensive Professional Indemnity Insurance cover.
While everyone wants the best for their children, more and more expatriates are realising the importance in a private education to give their children the same opportunities that have been bestowed on them. As we have seen in the recent financial turmoil there are many students who have recently completed higher education but still not able to find a relevant well paying job. This is why many successful expatriates decide that a more traditional tutorage is needed to give their children a head start.
Many parents do not feel comfortable placing their child in a local school for a myriad of reasons. The benefits of a private international school is the peace of mind that your child is being educated to an international standard that applies back home too. Some expatriates are fortunate enough to be offered contracts with school fees contributed by their employer, but for the many who don't it is a case of having to put money aside to give your child the best possible future. With many universities and colleges in the UK the average price to support your childs education for a year, including fees, board and living expenses, can be up to £15,000 a year. In some special cases, including inflation and full living expenses, that figure can multiply. As with anything financial, the sooner you start, the better prepared you are.
There are many plans available for someone wishing to provide higher education for their children, however diligent saving and preparation is required. By placing your investment vehicles offshore or similarly into an EU approved savings scheme you savings can benefit from high rates of interest, lower rates of taxation and access to top performing funds. Your savings are not only strictly for education fees either. When your child has completed their higher education you can put any money left over towards given your new graduate a head start. Should you wish to explore some of these vehicles we would be happy to take the time to sit down with you and discuss the ways you can give your child the head start you want.
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