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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...
22 Jul at 6 PM

Edmonton couple plead with Canada immigration for their adopted baby

Canada’s Immigration and Citizenship bureau is busy racking up the country’s attraction for migrants, but seems to be ignoring the essential humanity that should be a part of their job. An Edmonton couple who adopted a Congolese child in August 2012 are still unable to bring the 18-month old baby to live with them in their home...
21 Jul at 6 PM

Report identifies UAE as plagued by misbehaving Brits

The annual British Behaviour Abroad report brings bad news for British tourists and expats working in the UAE, as the number of those arrested for bad behaviour has soared since 2012. Attempt to blame the results of the report solely on British tourists in the region are likely to fail due to a strong decline in temporary visitors to the...
21 Jul at 6 PM

FCA warns against FAs pushing risky SIPPS assets

A recent warning from the UK’s Financial Conduct Agency concerns financial advisors who transfer clients’ occupational pension funds to SIPPS containing risky assets. In a recent article, CEO of the Financial Services Compensation Scheme (FSCS) Mark Neale noted the considerable increase in wrongful advice claims against FAs over the...
21 Jul at 6 PM

Expat drinkers in Vietnam dismayed at early closing proposals

The recently announced proposal that watering holes in Vietnam should close between 22:00 and 06:00 is causing dismay amongst expats living and working in the Southeast Asian country. The prohibition on the sale of alcohol from as early as 22:00 is believed to have been brought about by health concerns within the government, a concern not...
21 Jul at 6 PM

When is a QROPS a QNUPs and vice versa

For expats living overseas and fast approaching retirement age, investing their pension pot in the most tax effective manner can be very confusing. QROPS, QNUPS and SIPPS have been around for some years now, but many soon-to-be retirees could be forgiven for being totally confused as to which is more beneficial foe them. Basically, all...
17 Jul at 6 PM

Will expat consumers benefit financially from UK pension reform

Now that the initial shock of the UK’s March budget pension reform announcement has faded, it’s time to evaluate the reasons behind it and the real-time financial benefits to retirees. Analysts are suggesting that the innovative policy wasn’t motivated purely by the wish to give pensioners more power over their savings. The...
17 Jul at 6 PM

Thailand visa crackdown causes fear and confusion

Long-stay travellers, tourists wishing to extend their stay and expats in Thailand are faced with a crackdown on the interpretation of tourist visas. Formerly, many longer-stay tourists and expats in the kingdom were allowed to make regular border runs to Laos, Myanmar or Cambodia to top up their visitor visas. Short-stay tourists wishing...
16 Jul at 6 PM

Expats enjoying the strong pound warned to watch out for fluctuations

UK expats living in the Eurozone and further-flung destinations are enjoying a boost in pension payments at the present moment, but are warned to watch out for future currency fluctuations. The global economic crash wiped a third off pension payments for UK retirees living overseas, but the ongoing British recovery has seen sterling soar...
16 Jul at 6 PM

80 per cent of USA expats considering giving up citizenship due to FATCA

A new survey has revealed that the onset of the USA’s FATCA global tax law has resulted in an 11 per cent rise in the number of Americans prepared to give up US citizenship. The results of the poll, undertaken by a major international financial product provider, won’t come as a shock to US expats living permanently overseas. Already,...
15 Jul at 6 PM

Skipton offer expat buy to let mortgages on selected UK properties

Skipton International, the offshore Channel Islands base of the well-known high street building society, is now offering expat mortgages on UK buy-to-let properties. Including UK buy-to-let options in expat pension planning has traditionally been tricky for those requiring mortgages, but the recent rise in UK property prices has...
15 Jul at 6 PM

Number of Britons living overseas soars to over five million

According to a report by the United Nations, well over five million British citizens have emigrated for reasons of work, retirement or general dissatisfaction with the state of their home country. Since 1990, the number of British-born migrants has increased by 23 per cent, with the majority of those leaving heading for sunnier climes....
14 Jul at 6 PM

Mobile roaming charges in and around Europe finally slashed

Expats using UK mobile phones in Europe are finally able to move from one country to another without being charged a small fortune for mobile roaming, texting and making calls – but it’s not all good news. Holidaymakers and UK expats who live in EU member states but enjoy touring nearby countries will gain the most from the newly...
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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