Expat Caribbean News
Latest 10 news items tagged Caribbean
14 Sep at 6 PM 2017
A British marine engineer stranded in the British Virgin Islands is telling the situation as it is, stressing no-one is on the streets without a weapon.
Leo Whitting’s partner Claudia Knight left the couple’s family home in Tortola for the UK before the hurricane struck, mostly to ensure their two-year old daughter’s safety. After seeing the appalling photos of the region and hearing about the storm’s awesome power, she was convinced Leo was dead, and was vastly relieved when he managed to contact her briefly by phone. He told...
6 Sep at 6 PM 2017
As Hurricane Irma barrels across its first landfall in the Caribbean
at an incredible 190mph plus, residents, expats and tourists along its path are fearing for their lives.
The chance of two ferocious storms hitting the USA within two weeks of each other is rare, with Irma already classified at category 5 and spreading widely enough to encompass both sides of the Florida peninsula. At present, it’s hitting hard on islands in the Caribbean
, with residents and expats rushing to secure their roofs and battening down their windows....
21 Aug at 6 PM 2017
As prices increase across the USA, more and more retirees are becoming expats enjoying a better quality of life at far less cost.
Americans, it seems, aren’t great at saving for retirement. A recent report released by the Economic Policy Institute suggests the average American retirement nest egg is as low as $5,000. Those getting close to retirement are doing slightly better with some $17,000 but, with prices rising month by month, that’s not exactly a comfort zone. Whilst costs in the USA do vary across the states, it’s now...
5 Apr at 6 PM 2017
Expats who’re looking for an alternative to destinations crammed with retirees living the same lives as they did in their home countries should take a look at Belize.
It’s a truism that, especially in retirement, many expats tend to relocate to destinations already home to large communities of their own nationals, forgetting the fact that familiarity might well breed contempt. For the more adventurous, there are still havens offering the compulsory natural beauty, great weather and affordability together with a truly international...
17 Feb at 6 PM 2017
In spite of many legal and political knock-backs, the fight against the British government’s stance on frozen pensions is still alive and kicking in Australia.
The disgrace of frozen pensions has continued over many years, with many thousands of elderly UK long-stay expats living overseas being forced into increasing poverty by the rule. Currency fluctuations make matters worse, as a heavy fall in sterling can mean the difference between just getting by and being unable to support even the most basic lifestyle. Often, UK pensioners...
30 Jan at 6 PM 2017
As American interest in alternatives to continuing living in the USA continues to grow, Belize is increasingly being seen as the perfect expat destination.
island formerly known as British Honduras is becoming even more popular with refugees from an increasingly divided America. Along with all the usual attractions including balmy weather, glorious beaches, marine and terrestrial biodiversity, friendly people and cultural diversity, it also operates an offshore tax and business haven extremely favourable to expat...
30 Nov at 6 PM 2016
Over the past year, over two thousand retired British expats have been forced to repatriate to the UK due to their state pensions being frozen.
Official figures from Britain’s Department for Work and Pensions show several thousand British citizens who’d chosen to live overseas In retirement were forced to return to the UK due to their state pensions being frozen. Many of the returnees had lived abroad long-term and were no longer able to support themselves on the original amounts paid at the time they left the UK.
The data was...
21 Oct at 4 PM 2016
Harlequin Property SVG, infamous amongst expats for its Caribbean
and Thailand property scams, is now insolvent and has appointed a professional trustee.
The company is based on St Vincent and the Grenadines, a Caribbean
offshore location for many companies with doubtful legitimacy, and is the offshoot of another company with the same name. Briton David Ames and his sidekick Richard Houghton were instrumental in swindling expat pensioners out of their savings by selling off-plan beachside condos, only a few of which were actually ...
19 Aug at 6 PM 2016
Many thousands of UK state pensioners living in the EU fear losing their rights to regular pension increases due to the post Brexit fallout.
The expat communities of Spain and, to some extent, France, are crammed with UK citizens who’d made the choice between poverty in Britain and comparative comfort abroad. Many sold their UK homes in order to buy an apartment in one of the Andalusian coastal resorts, and have been living within their means on just their UK state pension.
With the advent of Brexit, their financial security may...
9 Aug at 6 PM 2016
European Union membership has ensured that retired UK citizens living in member states have their pensions annually updated, but Brexit is expected to change the rules.
The situation is now unclear, but one thing is certain in that, when the UK leaves the EU, all rights to updated pensions will be lost unless new agreements take place with each individual country. Over a million Britons who chose to leave the home country are now in limbo as regards their future state pension income.
Emigrating to an EU / EEA member state ensured...