Expat Australia News

Latest 10 news items tagged Australia

14 Nov at 9 AM 2014

Brit expat in Portugal gets 12 months for benefit fraud

A British woman living in Portugal has been handed a 12-month prison sentence after falsely claiming the benefits of her deceased mother. Maria Joao Ferreira Lucas claimed more than £73,500 by posing as her mother, who died in January 2008. Instead of informing the Department for Work and Pensions (DWP) that her mother had passed away, she claimed all the benefits before transferring them into their own account. The British Embassy in Lisbon issued a statement saying that Ms Lucas contacted the DWP in June 2008, posing as her deceased...
13 Nov at 2 PM 2014

Taiwan best place for expat healthcare

Taiwan has been named the number one country in the world for expats in terms of having the cheapest and best medical facilities, according to a new survey. The research showed that almost seven in 10 expats in the east Asian country said healthcare costs them less than it did before they moved there - in comparison to the global average of three in 10. Furthermore, nearly two-thirds of expats in the country said the healthcare there was better than it was in their homeland, compared to the global average of just under four in 10. The...
10 Nov at 6 PM 2014

UK mafia gangs investing in property purchase scams in Thailand

For decades, tropical Thailand has been a retirement haven for UK expats for its cheap cost of living and year-round sunshine, but buying a condo has always been a risky business. It’s not just the government rules on the purchase of property by foreigners which can ruin the dream, it’s the continuing off-plan property scams perpetrated by dishonest expat developers. The latest to emerge involves a condo block in Pattaya’s Jomtien district – or it would be in Jomtien if it had been built! More than 100 would-be expats have...
7 Nov at 6 PM 2014

Expats find the girl of their dreams after moving overseas

Finding the perfect love match is now an officially-confirmed reason for migration to a far-off land, as many expats find once they’ve taken the plunge. One light-hearted result of this year’s HSBC Expat Explorer survey of over 9,000 expats settled all over the world is that many found the love of their life after leaving the UK. An average of 36 per cent of those surveyed admitted that they’d fallen for a local girl. Top of the tree for suitable partners was romantic Italy, with 57 per cent of respondents cohabiting happily...
6 Nov at 6 PM 2014

Expat landlords warned to beware of online subletting fraud

As if expat buy-to-let landlords with UK properties don’t have enough problems, this latest online scam could prove to be the last straw. The scam is aimed at landlords who advertise their properties online, and is at present targeting the AirBnB website. Fraudsters rent a property for a few days or weeks, then advertise it on other letting sites, interviewing prospective tenants and taking huge deposits before disappearing with the cash. One luxury Kensington apartment was let via AirBnB to a UK-based group of scammers for...
6 Nov at 6 PM 2014

Hidden financial and legal hurdles cause most expat stress

A recently released survey warns that would-be expats seeking a new life overseas should watch out for hidden hurdles such as tax and currency issues or unfamiliar legalities. Up to 400,000 Brits emigrate every year, with most citing a more relaxed lifestyle as a major reason for their life-changing decision. However, the survey revealed that it’s not the most alien destinations as regards language and culture which cause the most stress – it’s mostly all-time favourite English-speaking countries such as Australia and the...
5 Nov at 6 PM 2014

Expat bulk buyers and Saudi farmers hit hard by Jeddah Market Saudization

A daily loss of around SR4 million is being reported by fruit and vegetable traders at Jeddah’s famous market after legal limits were placed on expat purchases. Non-Saudi customers are now prohibited from buying in bulk at the popular market, with only two or three boxes of fresh produce permitted. To ensure the new law is complied with, barbed wire fences now surround the area, entry and exit gates are manned by guards, and officials are located at each stall. As a result of the market’s Saudization, there’s already a...
29 Oct at 6 PM 2014

Confusion hits expat female dependents in Saudi over teaching jobs

The reversal of an official Saudi announcement allowing dependent expat female teachers to work in private schools without sponsorship transfers has confused and disappointed those affected. Expat dependents whose husbands held their sponsorship papers were overjoyed last Friday at the apparent relaxation of the requirement to transfer their iqamas to private schools wishing to employ them as teachers. The new scheme was announced by Ahmed al Humaidan, an undersecretary at the Kingdom’s Ministry of Labour, via the Arab News English...
27 Oct at 6 PM 2014

Experts warn life expectancy is useless in financial planning

According to financial experts, estimates of life expectancy are of no use in cashflow modelling as the calculations might result in the loss of all capital before retirement. In an address given at the annual conference of the Institute of Financial Planning, Steve Groves warned his audience that statistics on life expectancy proved that using them for cashflow modelling can cause clients to run out of money well before they die. Graves, CEO of Partnership, explained that an average life expectancy for a 65-year old male is 86.5...
24 Oct at 6 PM 2014

How to avoid the fees and frustrations of conventional currency exchange

One of the most trying aspects of living overseas is currency transfer between your home country or offshore bank account and your account in your host country. Whether you’re retiring overseas, working for a company which pays salaries from the UK, freelancing, or just touring around the places you’ve always wanted to see before you make a decision about permanent residence, the stress and expense of currency transactions is often a negative experience. However, new technologies and several innovative start-ups are about to...