Cheapest expat destinations
When it comes to expat locations, the focus is often on the most expensive places for an expat to live, but what about the cheapest? The latest findings from cost of living experts, Xpatulator, dish...
View ArticleQROPS savers consider the Rock before a hard place
International interest in the scope and viability of QROPS (qualifying recognised overseas pension schemes) continues apace as Gibraltar jostles itself into premier position as a key player.read more
View ArticleMalta shines as QROPS centre
Recent changes announced by HM Revenue & Customs (HMRC) are helping Malta establish itself as a major player in the Qualifying Recognised Overseas Pension Scheme (QROPS) market for British expats,...
View ArticleTake the confidence test
Financial stability is one of the key factors for expatriates to feel confident in their life abroad. TD’s Global Investor Confidence survey found that almost two-thirds (61%) of expats put financial...
View ArticleTax changes for UK non-residents loom
Changes to tax on UK property and statutory residence rules are set to come into force this year. The draft statutory residence test rules have also been published which will be introduced from 6 April...
View ArticleFinance tops New Year resolutions
Alongside losing weight and exercising more, fixing our finances is among the top resolutions for New Year, according to Guardian Wealth management. Chief executive, David Howell says “We are still...
View ArticleSpain gets tough on expats' offshore assets
Tax resident expats in Spain - of which hundreds of thousands of Brits qualify for the label - have been warned that a new ruling, which came into effect at the beginning of the year, requests them to...
View ArticleCan't pay, won't pay stand on health cover
Expats the world over are being left high and dry as employers cut back on that most crucial employment benefit - health cover. Nearly a quarter (23%) of companies say that whilst they’d prefer to...
View ArticleIsle of Man strikes deal with HMRC
In keeping with its promise of greater transparency, the Isle of Man has announced its latest deal with HM Revenue & Customs. From this April, all names and bank details of UK taxpayers with...
View ArticleSterling's fall hits expats in Europe
Recent falls in sterling have meant that British expat pensioners in Europe have seen their monthly retirement fall by an average of 8 per cent since the beginning of the year, according to financial...
View ArticleThe B-Day impact on expats
UK budget day is 20th March and given that it is this year’s Finance Bill which will ratify far reaching changes to expatriates tax residence status, expats must pay attention. These days the broad...
View ArticleCyprus' credit controls impact UK pensions
Banks in Cyprus have reopened under strict credit controls which include limitations on withdrawals to pre-empt a run on the banks. After a near two-week closure, the reopening of the banks will bring...
View ArticleBarclays lifeline to Cyprus-based pensioners
As pension payments from the UK’s Department for Work and Pensions paid into British expats’ Cypriot bank accounts continue to be suspended, HM Treasury is working with Barclays Bank to put in place a...
View ArticleExpat savers should remain vigilant
Following the planned levy on deposits in Cyprus, do savers elsewhere still need to be looking over their shoulders? The answer is probably yes. While it’s unlikely that other governments will attempt...
View ArticleTough times for expat banking
The announcement by Lloyds that it is to sell its retail banking operations in Spain is another blow for expats whose options for standard banking and lending services from traditional UK bank sources...
View ArticleExpats targetted by new leisure scheme
Expats are being warned about ‘leisure credit schemes’ targetted at Brits in Mediterranean countries with the promise of free or discounted future holiday bookings, which are not covered by the EU...
View ArticleThe cost of sun, sea and sticking plasters
Sun and the good life should only be part of the lure abroad warns AXA PPP International in response to the news that Australia and Spain are again the two top locations of choice for British expats as...
View ArticleConfusion continues for Spanish home owners
The Spanish Tenancy Act, commonly known in Spain as ‘LAU’, published this month (June 2013) and now in force across the whole of Spain has produced conflicting advice and confusion among Spanish home...
View ArticleWorking out your next move
While a better quality of life remains one of the top reasons for Brits making the move abroad, there are now a number of worthwhile comparison tools on the market that can help ensure your chosen...
View ArticleRun on the Rupee
An improved outlook for the UK and concerns about the Indian economy have led to record exchange rates making this an ideal time for expats looking to transfer pounds to rupees, according to Jordan...
View ArticleCurrency conversion still baffles Brits abroad
Managing a quick bit of mental arithmetic confuses most of us who don’t have a head for figures. But just how hard expats and British holiday-makers find mentally converting currencies is revealed in...
View ArticleReprieve for Spanish home owners
Second home owners in Spain are breathing a sigh of relief following the recent announcement by the Balearics Tourism Chief, Mr Delgado, that short term lets conducted without a licence are not...
View ArticleExpats benefit from UK's new domicile ruling
Expats who marry a non-UK domiciled spouse have been given a wedding gift by the UK government in the form of a whopping £270,000 inheritance tax exemption on gifts made between married couples.read more
View ArticleUAE voted most ideal place to live
Western expats give the United Arab Emirates their vote when naming the most ideal place to live, work and save. An overwhelming majority of expats surveyed (78%) said the Emirates was the "ideal...
View ArticleHitting expats where it hurts
Brits who’ve been living away from the UK for more than six months have been caught up in the latest crackdown on so-called ‘health tourists’. UK Health Minister, John Hutton, has announced the latest...
View ArticleA tax on all your houses
Expats who’ve been caught up in the UK Government’s budget proposals to charge capital gains tax on British property sold by overseas nationals and non-resident expats, will be breathing a sigh of...
View ArticleFive financial traps to avoid in 2014
With the global economy on the mend, 2014 may just be the right time for expats to start refreshing finances. But while we often hear of what we should be doing, what about avoiding the traps that can...
View ArticleCities with a high price tag
Singapore has been declared as the world’s most expensive city - knocking Tokyo down the league table into joint sixth place alongside Caracas, Geneva, and Melbourne. The sliding yen is the primary...
View ArticleExpats investing in UK property price boom
British expats are looking homewards for a slice of the UK’s current property price boom with many considering a buy-to-let investment. With 89 per cent of British expats confirming their confidence in...
View ArticleMillions lost in forgotten pension pots
The amount of expat pension funds that have been lost or forgotten could run into the hundreds of millions. A survey carried out by independent advisers, deVere Group, found that 36 per cent of expats...
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