Expat Australia News

Latest 10 news items tagged Australia

19 Apr at 6 PM 2018

Expat fundraisers in Dubai stunned by punitive new regulations

The majority of expats working in Dubai had no idea of the regulations concerning charity work in the emirate until one of their number was arrested for a Facebook post. Lawyers are now warning companies and resident expats that breaking the strict rules may mean massive fines and a 12 month prison sentence. Last year’s announcement of Decree 9 prohibits collecting donations and advertising fundraising events unless written permission has been given by the Islamic Affairs and Charitable Activities Department. It’s possible that...
17 Apr at 6 PM 2018

Data debunks myth of Spain as elderly expat retirement haven

Contrary to the widely-held belief that Brit expat communities in Europe mostly contain retirees, statistics suggest two-thirds of UK expatriates are below retirement age. Recently-released data from the UK’s Office for National Statistics shows 66 per cent of the estimated 784,900 Britons living in Europe are between the ages of 64 and 15, with more living in Spain than in any other EU member state. In addition, the data shows Spain is home to 293,500 long-term British expatriates, and the UK has fewer emigrants living In Europe...
13 Apr at 6 PM 2018

Brit ambassador faces furious expats at Paris Brexit meet

Angry British expats based in Paris gave British Ambassador Edward Llewellyn a hard time during a scheduled Brexit meetup. The meeting was intended as an update on the progress of Brexit negotiations as regards UK expats’ rights, but an audience of furious British citizens had other ideas. In the 18th century British Embassy building, chaos reigned for a full two hours as Brits had their say, shouted and heckled over the content of the Ambassador’s carefully-prepared speech emphasising ‘considerable progress’ in the...
12 Apr at 6 PM 2018

Lifting of Saudi female driving ban to have positive economic impact

Following the June 24 lifting of the ban on women drivers in Saudi Arabia, many more women are expected to join the emirate’s workforce. Expat economists are not just viewing the move as a victory for women’s rights, they’re also predicting a significant boost in GDP growth as a result of vastly increased numbers of females in the Kingdom’s labour force. The kingdom’s recent acceptance of new roles for women has resulted in a number of Saudi women’s new-found prominence in a number of fields. Saudi now has an all-women law...
11 Apr at 6 PM 2018

Two Dubai expats face 500 year jail sentences for massive financial fraud

Following their arrest in 2016, the two traders were finally found guilty and sentenced to 500 years’ imprisonment for their involvement in a $200 million currency trading scam. Ryan Fernandez and Sydney Lemos, both currency traders, had defrauded clients through their Exential Group firm and were first arrested when an investor claimed promised returns had not been paid out. Following the complaint, the Dubai government’s Department of Economic Development ordered the business to cease trading. The pair had touted investments...
9 Apr at 6 PM 2018

US expats torn between distancing and joining political protests

As US political tensions escalate, American expats are split between watching from a safe distance and advocating support for a common sense solution to the Trump presidency. Caught between feelings of guilt for missing out on the USA’s developing protest movements and relief they’re not affected by the continuing chaos in their home country, expat Americans are doing what they can on the international protest stage but are worried about the Trump effect on their families and friends. Unable to cut their emotional ties to...
6 Apr at 6 PM 2018

Expat professional women at risk of poverty in retirement

The gender gap doesn’t just apply to top wage levels but continues to ensure a great many expat professional women will be faced with poverty when they retire. Recent media coverage of the salary gap between top-ranking women and their male counterparts misses out on one result – the differential guarantees women retirees will be living on far less than men with the same qualifications and experience who’ve worked in the same jobs. In fact, women are at far greater risk of being impoverished in retirement by a factor of between...
5 Apr at 6 PM 2018

Austrian bitcoin fraud investigation goes Europe wide

Austrian financial authorities investigating a suspected cryptocurrency pyramid scheme related to bitcoins are requesting Interpol join the search for those behind the fraud. Centred in Vienna, the investigation is now considering whether other European countries have also been targeted by a recently-discovered bitcoin-related scam. Interpol has been asked to join in the investigation amid fears the fraud has spread across Europe and involved more than the initial hundreds of victims in Austria. According to spokesperson for the...
4 Apr at 6 PM 2018

The reality of being an expat in a strange land

Many long-term expats become so fond of their adopted country they’re happy to stay for the rest of their lives – but what if they’re forced to leave? Whether expatriation is for work reasons or because you’re no longer in tune with the country of your birth’s direction in this changing world, settling down in your adopted country can lead to your wanting to stay for the remainder of your life. For many expats over the years, staying for ever has been easy, but permanent residence isn’t granted as often as before, and...
3 Apr at 6 PM 2018

Expat financial independence winning out over risky IFA advice

Following the seemingly endless media reports of dodgy IFAs, Ponzi schemes and fraudulent cold-calling financial scammers, the new buzzword in the worldwide expat community is financial independence. The online Financial Independence world, usually referred to simply as FI, contains many bloggers describing their own experiences and passing on tips to those who’ve had enough of being cash cows for unscrupulous IFAs at best and downright fraudsters at worst. One Dubai-based expat founder of a non-profit community entitled SimplyFI...