Expat Australia News

Latest 10 news items tagged Australia

15 Jul at 6 PM 2014

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 encouraged a few offshore banks to offer the service. Skipton is the latest to jump on board with its plan for UK citizens living and working overseas. The scheme is available to native UK citizens only,...
15 Jul at 6 PM 2014

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. Australia is the all-time favourite destination, now home to some 1.27 million former British residents. America is the next most popular place for immigration, with 758,919 Brits in residence, and...
4 Jul at 6 PM 2014

Saudi expat health centres close due to deadly virus fears

Poor standards and bad management at 12 expat medical centres in Saudi Arabia has forced their closure amid fears of the spread of the MERS virus. Expats working in the kingdom are concerned that their applications for visas and residency permits may be jeopardised by the recent closure of 12 expat health centres for decontamination and re-training of workers. The health tests are necessary requirements for the granting of work visas as well as residency permits for expats and their families. The as yet uncontrolled spread of the...
27 Jun at 6 PM 2014

Saudi Arabia to deport non Muslim expat who disrespect Ramadan

With Ramandan beginning this weekend, expats in Saudi have been warned they will be deported should they disrespect the rules of the holy month of fasting. An announcement by the kingdom’s Interior Ministry urged non-Muslims to respect the feelings of practicing Muslims by not smoking, drinking or eating at work, in public places or in the streets between the hours of sun-up and sundown. Expats caught disobeying the order, it stated, will have their contracts cancelled and be deported, adding that not being aware of the restrictions...
18 Jun at 6 PM 2014

Action group for Costa del Sol expats ripped off by FAs

Expat investors living in Spain’s popular Costa del Sol started their own action group in 2008 after losing millions to unregistered, unregulated financial advisors targeting the mostly retirement communities. Six years later, the main aim of the group remains the same: the outing of unlicensed, unpricipled FAs mis-selling unsuitable products to the unwary and backed up by the offshore product providers themselves. The group’s online magazine, entitled ‘The Sharks Exposed’, details the total lack of protection for expat...
13 Jun at 6 PM 2014

Expats warned to protect their savings as boiler room scammers are jailed

The two masterminds behind one of the biggest ever boiler room scams have been jailed for ripping off £millions from unwary investors. Jeffrey Revell-Reade and Anthony May were found guilty in a London court of conspiracy to defraud over a thousand investors. The total sum lost was estimated at around 70 million sterling, and sentences of eight and seven years respectively were handed down by the judge. The pair, based in Spain, ran a team of telephone salesmen targeting British pensioners using high-pressure sales techniques....
13 Jun at 6 PM 2014

Australia to tempt wealthy British immigrants with London wine festival

Oz’s new campaign to lure British millionaires to a new life will include an immigration fair in London featuring tastings of Victoria State’s best vintages. Australian wines are highly regarded worldwide, with Victoria State’s vineyards some of the country’s best known for premium vintages. The government’s campaign aims to attract millionaire investors by demonstrating Australia’s upscale lifestyle exemplified by tastings of its fine wines. An ever-popular emigration destination for British citizens, Australia...
11 Jun at 6 PM 2014

NZ immigration surge likely to cause soaring real estate prices

As the popularity of New Zealand as an expat destination soars, fears of increasing upward pressure on the country’s real estate prices are emerging. The recent excess of immigrants to New Zealand against the fast-falling number of migrants is putting pressure on the already-stressed Kiwi housing market, with professionals in the field expecting a further 12 per cent rise in house prices by the end of 2015. Net inflow of immigrants is expected to rise to 45,000 by December this year. A similar boom in net migration last year...
10 Jun at 6 PM 2014

Dubai plans to be hub of world medical tourism

The revenue to be gained worldwide by investing in and promoting medical tourism has resulted in a slew of countries setting up private hospitals and clinics, with Dubai the latest to announce its aim to become a world medical tourism hub. The oil-rich country now boasts internationally-accredited hospitals with world-class facilites as well as acclaimed specialists in the field, and is well-placed to fulfill its ambition. The emirate’s health authority met last week to invite stakeholders to benefit from the extensive financial...
6 Jun at 6 PM 2014

Saudi plans dedicated expat immigration queues at all airports

Some 25 airports in Saudi Arabia are at present being either expanded or constructed, with most expected to offer expat-only immigration queues. According to a spokesperson from Saudi Arabia’s Passport Department, the planned expat-only immigration facilities will help to speed arrivals through the gates in record time. An estimated 10 million residents re-enter the country every year after trips overseas, causing massive queues at immigration desks. At present, only Gulf State citizens can get expedited immigration clearance on...