Financial Planning for Migration to Australia & the UK

Helping families to simplify their financial affairs with Pre-Migration Investment Strategies and Tax Solutions

Why Should You Consult With Me?

My services encompasses preventive measures to overcome the following common financial challenges.

Australia imposes a high tax rate of up to 47% for both income and capital gains tax, which can significantly impact your income and savings.

Capital Gains Tax in Australia

If you sell Hong Kong properties after migrating to Australia, you could face a capital gains tax of up to 47%, reducing your overall profit.

Inheritance Tax in the UK

The UK imposes an inheritance tax of up to 40% on global assets, including Hong Kong properties and insurance policies, which can substantially affect your total estate’s value.

Organise Regular Educational Webinars and Seminars to Clients

Beyond the immediate services of financial advisory, I am passionate about empowering others to enrich their knowledge in wealth management and pre-migration financial planning to Australia & the UK. Through hosting regular talks and events, I welcome like-minded people to join and participate in our educating sessions. I believe by sharing more transparently I can create higher quality of services to my clients.

What I Offer

Tailor-made, affordable solutions for all your financial needs.

Pre-Migration Financial Planning

Pre-migration financial planning prepares your finances for relocation through budgeting, tax planning, and investment strategies for a smooth transition.

Benefits of Pre-Migration Financial Planning

Optimizes Tax Liabilities: Minimizes tax burdens in both your current and destination countries.
Secures Investments: Protects and maximizes the value of your assets during the transition.
Ensures Compliance: Aligns your financial strategies with the regulations of your new country.
Facilitates Smooth Relocation: Prevents financial disruptions and ensures continuity of your financial plan.
Enhances Financial Stability: Provides peace of mind and financial security during the migration process.

Asset Structuring

Asset structuring organizes and manages assets to maximize value, protect against risks, and ensure tax efficiency and legal compliance.

Benefits of Asset Structuring

Maximizes Asset Value: Enhances the overall worth of your investments.
Risk Protection: Shields assets from potential legal and financial risks.
Legal Compliance: Ensures all assets adhere to relevant laws and regulations.
Financial Flexibility: Provides more options for managing and utilizing assets.
Asset Preservation: Maintains the integrity and longevity of assets over time.

Retirement Planning

Retirement planning involves financial preparation for life after work, focusing on savings, investments, risk management, and secure income goals.

Benefits of Retirement Planning

Goal Achievement: Helps achieve desired lifestyle and retirement aspirations.
Peace of Mind: Reduces anxiety about financial stability in retirement.
Early Retirement: Provides the possibility of retiring earlier than expected.
Social Security Optimization: Maximizes benefits from social security contributions.
Longevity Protection: Ensures income lasts throughout a long retirement period.

One Stop Service

4 Basic Steps to Financial Planning

Step 1

Initial Assessment

We start with a brief assessment to understand your current financial situation and identify any potential risks. This step helps us pinpoint areas that need attention and sets the foundation for your financial planning.

Step 2

Personalized Plan Creation

Next, we conduct a deep dive into your specific circumstances. By gathering detailed information about your finances, goals, and lifestyle, we create a tailored and personalized financial plan that addresses your unique needs and objectives.

Step 3

Implementation

Once your personalized plan is developed, we move to the implementation phase. This involves putting the plan into action, making the necessary investments, adjustments, and strategies to set you on the path to achieving your financial goals.

Step 4

Monitoring and Review

Financial planning is an ongoing process. We regularly monitor and review your plan to ensure it remains effective as your life changes, such as marriage, having children, or changes in policies. This continuous review helps keep your financial strategy aligned with your evolving needs and goals.

Successfully Helped Clients Save 40% of their Assets from Paid in Taxes

Successfully assisted clients in saving 40% of their assets from taxes through strategic financial planning and expert advice. By leveraging investment and tax planning techniques, provided tailored solutions such as utilizing life insurance policies and establishing trusts. These strategies optimized tax liabilities, ensured asset protection, and maximized the clients’ wealth preservation.

Successfully Managed Over US$100 Million in Client Assets

As part of the member of Multi-family office in Hong Kong. We successfully managed over US$100m in client assets by employing a comprehensive approach that included tailored financial strategies, tax optimization, and regulatory compliance. Through meticulous investment planning and the establishment of various forms of financial vehicles, ensuring the protection and efficient transfer of wealth. A robust network of partners across global markets, specializing in UK, Australian, and Hong Kong tax matters. Our expertise encompasses trusts and legal advisory services, ensuring comprehensive and sophisticated solutions tailored to each client’s unique financial needs. This extensive network allows us to offer top-tier advice and strategies, facilitating optimal global financial planning and asset management. Clients benefit from a seamless integration of tax efficiency, asset protection, and legal compliance, ensuring their financial goals are met with the highest level of professionalism and expertise.

Extensive Network of Partners from International Markets

Ryan Mow leverages a robust network of partners across global markets, specializing in UK, Australian, and Hong Kong tax matters. His expertise encompasses trusts and legal advisory services, ensuring comprehensive and sophisticated solutions tailored to each client’s unique financial needs. This extensive network allows Ryan to offer top-tier advice and strategies, facilitating optimal global financial planning and asset management. Clients benefit from a seamless integration of tax efficiency, asset protection, and legal compliance, ensuring their financial goals are met with the highest level of professionalism and expertise.

Successfully Helped Clients Save 40% of their Assets from Paid in Taxes

Successfully Managed Over US$100 Million in Client Assets

Extensive Network of Partners from International Markets

Ryan Mow

Hi there! I’ve started my career as an accountant in Australia. With over 10 years of experience in the financial industry. I have developed a comprehensive understanding of the local market dynamics and regulations in Australia & Hong Kong. I have worked in worked with various financial institutions and advisory firms, gaining valuable insights into diverse financial tools and strategies.

In 2020, I came back to Hong Kong and saw an increasing demand for pre-migration financial advice. I specialised Australia and United Kingdom (UK) where I helped families and expats in HK with asset structuring, risk management, tax planning & succession planning. My clients have benefited from my advice where they saved millions of dollars in taxes using affordable and simple methods.

When I’m not working with clients, I enjoy reading non-fictions, play tennis & running. I’m also the current Secretary & Treasurer of BNI Creation chapter in Hong Kong and member of Australia Chamber of Commerce.

Frequent Asked Questions

Should I sell my property(ies) in HK before migration?

We will analyse it on a case by case basis. Some of the factors to consider: current property market value, purchase value and intentions or purposes of owning property.

When should I cancel my insurance policies before or after migration?

The short answer is No, but we will need to analyse it on a case by case basis based on the nature of insurance and the Terms & Conditions of the policies. For example, some medical or Critical insurance plans have changed in benefit terms when relocating to a new country as stated in the T&C.

When can I get my Mandatory Provident Fund (MPF)?

Under the Hong Kong MPF Authority, you are at least aged 60 and have ceased all employments.

If you are not aged 60 or above, you can make a statutory declaration that you have departed or will depart from Hong Kong to reside elsewhere with no intention of returning for employment or to resettle in Hong Kong as a permanent resident.

You need to provide documentary proof to satisfy you are permitted to reside in a place outside of Hong Kong.

Note: The British National Overseas (BNO) Visa is not recognised by MPF as valid proof of residency outside of Hong Kong

What are the consequences if I don’t do any financial planning before arriving UK and Australia?

First of all, it is always better to plan early rather than later. This will give you a peace of mind that your assets are protected and invested appropriately. Secondly, once you become a tax resident, you are obliged to submit your tax return in the financial year, this will include your global assets and income.

Should I sell all my assets and only keep cash when moving to UK and Australia?

Short answer is No! It is always good to have cash for any emergency needs. However, without a proper financial plan when moving to a new country. You need to learn to adjust to a new lifestyle with different financial habits due to higher taxes in the country, if only relying on cash, eventually your living costs will eat up all your savings.

It is important that we plan early and have a financial plan in place that can keep you financially stable over a long period of time and tax effective while living in a higher tax environment.

Should I bring all my cash to the UK or Australia?

No, you should not move all your money from a low tax to a higher tax jurisdiction without proper asset structuring.

What are the tax implications for my investments if I move to Australia or the UK?

If you own the investments under your name, after becoming a tax resident in Australia or the UK, you may be subject to income and capital gain tax in every financial year thereafter.

You should book a consultation with me to review your investments to get a better understanding of your potential tax implications.

Are there safe investments when moving to the UK or Australia?

Yes, you will first complete a risk assessment on your investment risk tolerance. Based on your risk level, there are different financial tools to choose from.

If you are a low-risk appetite investor, a tailor-made a low risk, simple structure and tax effective solution for you.

How are you different than other financial advisors?

I’ve helped families save millions of dollars in taxes, other advisors may not have the expertise in all 3 jurisdictions of Australia/UK/HK in terms of the taxation, investment, asset structuring strategies and experience to handle your unique circumstances. I have winning awards, relevant qualifications and practical experience to fulfil my clients needs.

What other fees do you charge?

All fees are transparent to you, you pay a fixed fee for our initial consultation.

Other additional fees will depend on which financial instrument is chosen, all of which will be clearly explained to you before implementation.

Book Your Consultation Today!

When do you plan to leave the UK or Australia?

What is your total global asset value in HKD?

Do you have any children?

Address: 27/F, Room 2709-12, Wing On Centre, Connaught Rd Central, Central

Booking a consultation provides insights into financial tools to save on taxes and fees. You’ll get advice on the best time to sell property based on its use and tax implications. Additionally, you’ll evaluate whether to maintain or cut medical insurance, ensuring your financial decisions align with your goals.