Expat Caribbean News
Latest 10 news items tagged Caribbean
12 May at 6 PM 2016
UK expats settled in European hot spots could see their triple-locked state pension frozen pending negotiations with EU member states regarding the annual increase.
The present system permits British retirees living in European Economic Area (EEA) countries to receive annual pension increases related to either inflation or 2.5 per cent, whichever is greater. Should the UK leave the EU, pension payments are likely to be frozen at the current level due to the necessity of negotiating new agreements with individual countries.
5 May at 6 PM 2016
Already popular with expats from the USA and Canada, Mexico could also be a great option for retirees from European countries.
Familiar Western comforts, reliable services and, most importantly, English-speaking locals have all made Mexico the destination of choice for a million Americans and half a million Canadians. For those wanting a predictable lifestyle, it’s seen as a half-way house between the first world and distant exotic destinations with almost as many negatives as positives.
The country’s culture is Americanised due...
30 Mar at 6 PM 2016
British pensioners who’ve moved to other EU member states over the past ten years have seen currency rates shave 11 per cent off their income.
Fluctuating exchange rates since 2006 have reduced the actual value in euros of British pensions by 11 per cent, according to pension provider companies. Combined with a rise in the cost of living across the Eurozone and a major fall in property values, it’s bad news for expats who planned a comfortable retirement overseas.
The latest fall in the value of the British pound is the result...
11 Jul at 2 PM 2015
An expat author in the southern Spanish province of Granada has published his memoires about doing business in Cuba at a time when he was working alongside Fidel Castro.
French-born Michel Villand revealed that the pair were so close that Castro was even a guest of honour when he opened his bakery chain – Pain de Paris – after arriving in the Cuban capital Havana in 1994.
Villand, 74, said power politics, economics, revolution, black magic and eroticism all featured in My Partner Fidel Castro, with the book providing a...
24 Jun at 6 PM 2015
Police in Costa Rica have launched an investigation into the disappearance of a Californian man who is thought to have gone missing in the Caribbean
coast province of Limon.
Sixty-four-year old Brian Lynn Hogue was last seen in the capital San Jose on 1 June before leaving the city to drive home to the farm where he lives in the slope town of Gaupiles with his wife and son, according to a family statement. However, when he failed to arrive home, a neighbor contacted the Judicial Investigation Police (OIJ) to file a missing persons...
29 May at 9 AM 2015
Roughly 250,000 British expat pensioners have lost out on pensions benefits worth in the region of £850m due to the fact that UK pension scheme trustees have lost trace of them since they emigrated.
The estimate arrives after data gathered by FindMyLostPension.com showed that expats in Europe, North America, the Caribbean
, Australia, South Africa, the Middle East and other regions across the world have pension pots that remain unclaimed.
The average pensioner is owed anything between £2,000 and £30,000 per year, while tax-free...
26 May at 2 PM 2015
Expat investment in British buy-to-let property is on the up, according to offshore bankers Skipton International.
The bank’s managing director Jim Coupe said that there has been strong interest from all across the globe, but particularly the UAE. He explained that many customers now considered the London property market as “overheated”, resulting in them looking elsewhere in the UK for properties with rental yields that are more appealing to but-to-let investors.
With investors cautious about putting funds in to a sector they...
23 Mar at 4 PM 2015
Last week, 37 Cuban migrants were moved to the Immigration Detention Centre after arriving in Cayman Brac.
The migrants’ arrival with no food supplies and a damaged engine sparked an online debate in which the Brac MLA Hon. and House speaker, Juliana O’Connor Connolly, joined the conversation.
Franz Manderson, the Deputy Governor, also commented on Facebook about the issue. He said illegal immigration could be encouraged by offering help to those trying to enter the country in unsafe boats and would be contradictory to the...
5 Mar at 9 AM 2015
More and more people are looking to emigrate to Costa Rica after retiring with factors such as low cost of living and beautiful surroundings proving major draws among expats.
Four out of the top five destinations for retirement are in either South or Central America, according to the International Living’s 2015 Retirement Index. This year Costa Rica has entered in at number five on the list, behind Ecuador, Panama, Mexico and Malaysia respectively.
The report described Costa Rica as a “nature-lover’s dream”, adding that the...
4 Mar at 6 PM 2015
A large number of Brits over the age of 50 are looking to travel for at least part of the year after regretting not doing so when they were younger.
One in four UK citizens say they would like to live overseas for part of the year, particularly during the cold winter months, while three in four admit that travelling is now top of their ‘to do’ list. Meanwhile, nine in 10 people describe the fact they did not travel in their younger years as a regret.
The research, carried out by insurance company Staysure, shows that more and...