[Laura]

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First of all, congratulations on the blog and its high-quality content!

I'll be an expat in July and will be living/working in England. My biggest concern about leaving permanently is losing my bank and investment brokerage accounts. As I intend to keep my BR money in the country and return to live here in the future, informing the bank and brokerage house would prevent me from continuing with the accounts (I have long-term investments and investments with losses such as shares and FIIs that would not compensate for the redemption/liquidation).

How to operate the account and the investments so as not to create too much fuss and reduce the risk of being caught in the fine mesh? (e.g. keep the investments as they are with no new contributions; no more buying and selling on the stock exchange; have returns below x/year; reinvest in tax-exempt assets....).
I understand that in terms of taxation I'm being taxed the same as a resident and directly at source (I won't receive rent or a salary in BR, just the income from my current investments), so I wouldn't be evading taxes. And what would be the likely penalties if I were to be caught in a possible inspection?

Reading your blog made me anxious to find out more about what would change with the bill on the exchange rate framework that will become law in 2023, and whether it would help people who are in the same situation as me.

Thank you!

[Author]

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