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31 Jul at 6 PM

New report warns of Dubai property bubble risk

Dubai’s latest residential review noted that rents rose by 20 per cent over the last 12 months and warned of another property bubble. The revelations in the latest Dubai property review are causing concern over yet another property bubble in the region. Apartment rents soared year-on-year by 21 per cent, dragging the average overall rent...
31 Jul at 6 PM

Epidemic of Spanish live entertainment bar closures ruining expat social lives

Favourite retirement hubs along the coast of the Costa Blanca are suffering an epidemic of live entertainment bar closures due to license revoking after noise complaints. For decades, the Costa Blanca coastline below Alicante has attracted British retirees and entrepreneurs to its more traditional, less riotous Spanish resort towns, with...
30 Jul at 6 PM

Pension Regulator warns of £5 billion pension unlocking scam

Crooks have conned pension savers out of a total of at least five billion sterling, according to an urgent warning issued by the UK Pensions Regulator. Experts warn the full amount may be far higher, as many thousands of vulnerable pension savers in the UK and overseas are continuing to fall victim to an ingenious variety of scams by...
30 Jul at 6 PM

Expat Brits reject EC call to vote in local and EU elections

In spite of a massive online and media campaign to encourage UK citizens living overseas to register to vote in the EU election and local polls, the results were embarrassingly small. The Electoral Commission’s campaign appeared on expat radio stations, online via expat forums and local English language newspapers and in various...
29 Jul at 6 PM

UK government inquiry told EU wide misselling redress needed

As complaints against the mis-selling of financial products soars across European states, a UK Parliamentary enquiry has been advised that an EU-wide mechanism for consumer redress is badly needed. Although EU law on consumer protection has been updated since the 2008 crash, redress for consumers with mis-sold financial products has...
29 Jul at 6 PM

UAE expat savings heading towards global property investments

It’s no secret that Western expats working in the UK are paid plenty enough to be able to invest for their futures, with many still favouring bricks and mortal via global property markets. Property as an asset class is regarded as a traditional and historically safe place to stash savings, offering good returns and little overall risk...
28 Jul at 6 PM

HMRC issues third highest QROPS mass suspension since April 2006

The 15 July official QROPS list published by the UK’s HMRC has suspended a total of 118 Qualified Recognised Overseas Pension Schemes (QROPS). The mass cull is the third largest since the scheme itself was introduced in April 2006, and includes 99 Australian QROPS, one from Mauritius, 15 from India and two from Canada. The tax authority...
28 Jul at 6 PM

Study shows France offers best healthcare in world for expats

The French healthcare system, highly regarded for decades, has recently received a further boost to its reputation. The Annual Global Retirement Index survey undertaken for International Living Magazine has rated France’s healthcare the best in the world for expat retirees. Out of 100 possible points, the Gallic system rated 97, and was...
25 Jul at 6 PM

Price comparison sites using shady tactics to make you buy

Expat online shoppers are being warned to watch out for online shopping tricks on price comparison websites. Almost all expats, wherever in the world they’re located, find themselves using online sites to order items they can’t find in their host countries. Whether it’s foodstuffs, pharmaceuticals, comfortable clothes or shoes in...
25 Jul at 6 PM

Amsterdam scores as expat happiness central in spite of high tax rates

Many would-be expats would balk at the thought of paying 52 per cent income tax on their earnings overseas, but the charm of Amsterdam is such that no-one seems to mind. Most expats living in the historic Dutch capital were lured by the promise of a choice of literally thousands of jobs in the tech, oil and other sectors. In spite of...
24 Jul at 6 PM

Should expat savers and investors use local or international FAs

With the casino culture which caused the 2008 crash still functioning at all financial levels and in most expat jurisdictions, expats could be forgiven for wondering how to choose a reliable advisor. Many savers and investors, especially those choosing to retire overseas, have little experience of managing investments, and would prefer to...
24 Jul at 6 PM

UAE survey shows a third of expat women face sexism in the workplace

A new study has revealed that around 29 per cent of expat women working in the UAE are experiencing sexism in the workplace on a regular basis. The survey, carried out by Expatwoman.com and involving 1,100 expat women working in the emirates, shows that gender discrimination within the UAE workplace runs at almost double that in Western...
23 Jul at 6 PM

UK government sneaks in controversial state pension changes

Controversial changes to the UK state pension due to affect millions have been slipped in just before Parliament’s summer break. The changes apply to pensioners who decide to delay claiming their UK state pensions and will come into force for those hitting pension age on or after 6 April 2016. At present, a bonus of 10.4 per cent per...
23 Jul at 6 PM

Unofficial expats in the Land of Smiles rush to get legitimate stays

Expat life on the sun, sea and sand Thai island of Phuket just got complicated for expats without long-stay or tourist visas. For a decade or more, immigration authorities have turned a blind eye to visa runs across Thailand’s border by expats unable to get annual visas. Many foreign travellers arrive in Phuket on visa-exempt entries and...
22 Jul at 6 PM

New study reveals expats see pension industry as greedy and incompetent

The shocking results of a new study have revealed that retirement savers view the entire pensions industry as incompetent, greedy and corrupt. The research, undertaken by the UK’s National Employment Savings Trust, was intended to survey savers in the auto-enrolment workplace pensions scheme, but has also clearly tapped into the...
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Here are the latest 5 reader comments:
  • "The law has been passed this week and Spain offers arguably the most attractive "Golden Visa" option in Europe. We should not expect this to move the market in Spain. We are talking about investment over €500,000, the luxury end. And nationwide we would expect no more than a few hundred transactions in the first year. But it is a positive..." left by La Vida Spain on New Spanish property investment visa draws Chinese and Russians
  • "After reading about the expats survey in our local freebie paper and deciding to take part, logging on to this left me quite bamboozled as to where the survey is, there seems to be no sign of it. I suggest if a survey is being conducted under whatever guise a list of questions be published for expats to answer. Otherwise this survey is..." left by Brian Milnes on Massive new independent expat survey now live online
  • "The article is quite clear and as usual in this country ( spain) because I live in a remote area I only find things out accidently or by being surprised and fined. I don't understand how the European parliament does not act against this type of 'robo'. It is so frustrating to see a corrupt and authoritarian Spanish government get away with..." left by john porro on Spain to apply stealth tax to residents with solar power
  • "Absolutely right - already we have been receiving requests from cliets based in Italy to look at how they can 'avoid' the new regime. The Italian government is shooting itself in the foot on this one - people will relocate!" left by TaxTeddy on Changes to Italian tax regime to hit hard on expats
  • "Although there are a large number of British curriculum school in Dubai it's not easy to get into one. The waiting lists are long to start with, sometimes artificially long. People move away and don't remove their name from lists, and fearing the long lists parents put their children's names down on several lists. It's also an expensive..." left by Expat Explorers on British curriculum international schools popular in UAE and Asia