AXA Wealth International has launched a new service to help investors achieve the most tax efficient status for their bonds if they relocate to Europe.

AXA Wealth has partnered with BDO, an international network of tax advisers with 55,000 staff in over 130 locations, to operate its new service branded as, Relocate.

AXA Wealth said that it will arrange and fund an initial consultation for clients relocating to one of 13 European countries with the option of access to an in-country BDO adviser to discuss the new tax treatment of the client’s bond.

Simon Willoughby, head of proposition for AXA Wealth, said: "Our new service Relocate coupled with our new client guide will facilitate policyholders in taking their investment with them to Europe in the most tax efficient manner.

"By working with BDO advisers, we are offering our clients streamlined access to personal tax advice on their Selection bond at the point when they move, supplied by a tax professional on a bespoke basis facilitated and funded by us."