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Brexit and Financial Planning for Expats in Brazil: Sponsored

By Jay Forte, Contributing Reporter

RIO DE JANEIRO, BRAZIL - For most expatriates, Brexit, the UK’s vote to leave the European Union, was an unwelcome shock with potential consequences for their financial planning. The aftermath saw the FTSE100 fall sharply and rebound to just under 6900 points, just short of its record level in 2015.

More concerning, was the fall of the pound against the dollar (1.49 to 1.30) and against the Brazilian real (5.00 to 4.20), between June 23rd and September 24th. Expats earning in pounds and foreign retirees with savings denominated in pounds will . . .

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