Expats News at Expats Blog

Welcome to our Daily Expats News section at Expats Blog.

16 Sep at 6 PM

US renounce citizenship fee soars as thousands leave to avoid FATCA

The fee payable to the State Department by US citizens wishing to renounce their citizenship has soared by over 400 per cent since the introduction of the FATCA reporting system. Originally just $450, the charge for renouncing US citizenship now stands at $2,350. State Department officials claim the new amount represents the actual cost of...
16 Sep at 6 PM

Survey shows vast majority of Brit expats happier overseas

It’s not just the combination of weather, lifestyle and lower cost of living that appeals to disenchanted Brits, it’s also that the majority of their expat neighbours are loving thier new lives as well.. Estimates reveal that at least 5.5 million UK expats have given up on their home country’s ever-worsening weather, soaring taxes...
15 Sep at 6 PM

How to avoid losing your pension savings pot in Qatar

Many expats living and working in the Gulf States are becoming concerned about UK-based pension savings plans and pension transfers. Qatar is fast becoming the most popular of all the Gulf States for expats, with its capital Doha attracting a large number of foreign professionals due to its recent expansion and improvements. The oil and...
15 Sep at 6 PM

Scots expats missing out on momentous independence vote

Scots living or working overseas can only watch from the sidelines as the crucial independence referendum threatens to change their home country for ever. Hundreds of thousands of expat Scots are forbidden from making their feelings known about potentially their home country's most momentous decision in several centuries. According to...
12 Sep at 6 PM

UK pension reforms in a nutshell for retirement savers

The continuing fallout from the bombshell of the March 2014 Budget Speech pension reforms has confused many retirement savers as to their rights and the best way to plan for their future financial lives. A fact sheet recently issued by the UK Treasury department is aimed at clearing the fog surrounding the new rules, even although some...
12 Sep at 6 PM

Is private health insurance really necessary in Thailand

Most expats arriving in Thailand have been used to paying for private heathcare in their home countries, but is the expense of an international healthcare plan really necessary in Thailand? Due to its recent Westernisation, low cost of living and great weather, Thailand is an ever-popular destination for expats from Australia, the UK and...
11 Sep at 6 PM

UK government confirms QROPS ban on public sector and civil service pensions

Workers in the UK’s civil service and public services hoping to retire overseas via a QROPS have had their hopes dashed by a government ban on unfunded defined pension transfers. UK Chancellor George Osborne has announced that, from April 2015, some transfers from civil service and public pensions will be banned. Although the news...
11 Sep at 6 PM

Are expats missing out on value for money healthcare deals

Many would-be expats may be missing out on international value-for-money private heathcare insurance by simply signing a leaver option on their existing package when they retire. The majority of Western heathcare policies, including those which involve employer contributions, allow retirees to carry on with the same cover by simply signing...
10 Sep at 6 PM

House prices in Singapore slated to fall 20 per cent by 2016

A recently-published research report by Bank of America Merrill Lynch (BAML) suggests that the price of a home in Singapore is likely to fall by 20 per cent over the next two years. The bank believes that property loan curbs and economic restructuring will continue to drive down house prices until at least 2016, and overkill on population...
10 Sep at 6 PM

Sky News to launch replacement for ABC international satellite TV channel

Following the bad news of the Australia Broadcasting Corporation’s upcoming shutdown, the good news is that Sky TV is to launch its own Australian Channel to fill at least part of the gap caused by the departure of the popular ABC channel. Devastated fans of ABC’s satellite TV offerings can now take comfort in the fact that Sky News is...
9 Sep at 6 PM

Expat investors lose 50 million in Isle of Man Louis Group crash

The liquidators of a sector of the Isle of Man-based Louis Group have revealed that millions of pounds sterling are missing from the accounts of the disgraced financial firm. In yet another disastrous indication that the casino culture is alive and well in expat financial jurisdictions, the collapse of the company has resulted in losses...
9 Sep at 6 PM

Saudization programme crackdown closes thousands of firms

The tightening of Saudi Arabian employment laws has forced the closure of 200,000 private companies in the Kingdom over the past year. Recently-released official figures from the Saudi Labour Ministry have confirmed that the controversial ‘nitiqat’ laws aimed at replacing expat workers with local staff have decimates smaller, private...
8 Sep at 6 PM

Expats in Spain looking to face LMIM and Axiom crooks in court

Expat victims of two massive investment scams, LMIM and Axiom, are targeting the product providers and salesmen whose greed has resulted in the loss of millions-worth of retirement savings. Rogue FAs operating in Spain as well as the product providers themselves are to be named and shamed in court actions. Groups representing the victims...
8 Sep at 6 PM

Expat students rejecting Saudi private unis for studying abroad

Saudi Arabia’s private universities are failing to attract expat student, most of whom are choosing to gain their degrees in overseas centres of excellence. According to local academics, only 30 per cent of expat students are taking degree courses at the Kingdom’s private universities. The majority are returning to their home...
5 Sep at 6 PM

Expat and UK resident investors slate life companies over LMIM losses

As lawyers in the UK and Australia prepare court cases on behalf of victims of the largest financial scandal to hit Australia in decades, many are accusing life companies of a lack of due diligence. The failure of LMIM and its Managed Performance Fund (MPF) has devastated savers and investors in expat locations such as Hong Kong, the UAE,...
  • Facebook
  • Follow us on Twitter
  • RSS feed
  • Facebook

Popular News Tags

News Links

News Archive

Latest News Comments

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