Expat Caribbean News

Latest 10 news items tagged Caribbean

24 Jun at 6 PM 2015

US expat missing in Costa Rica

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

Expats lose £850m worth of pensions

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

Expats investing more in UK property

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

Cuban migrants taken to Immigration Detention Centre

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

Costa Rica increases in popularity among retirees

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

Brits over 50 seeking more adventurous lifestyle abroad

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...
27 Jan at 3 PM 2015

Former Sky worker turned fighting for her life in Caribbean

Ex-Sky TV worker Kate Clayton is fighting for her life after being involved in a car crash on the island of Grand Cayman in the Caribbean. Thirty-year-old Clayton, who moved to the Caymans in December 2013 to become a diving instructor, has been left in a coma after suffering severe injuries when she lost control of her 4x4 Jeep Wrangler when driving home at night time, swerving off the road at a tight corner and crashing headfirst into a tree. She broke her neck and her pelvis in the accident and has also been left with serious back...
22 Jan at 2 PM 2015

Expats demanding winter fuel allowance show proof of wintry conditions

Thousands of UK expats across the Europe are campaigning to ensure their winter fuel payments are not scrapped, and many have now taken to sending photos to show just how cold conditions are in the countries they live in during the winter months. Under a new government proposal, expats living in Spain, Portugal, Gibraltar, France, Malta, Cyprus and Greece will no longer receive their winter fuel allowances (around £200- £300 per year) as of next winter because the countries they live in are considered too warm. However, expats in...
19 Dec at 9 AM 2014

North American expats in Belize reveal its draws

North American expats living in Belize have revealed the reasons why they chose the picturesque Caribbean nation as their new home. In addition to the pristine beaches and rolling mountains, they say they only need between US$2,000 and US$3,000 a month to give them a comfortable lifestyle. Another reason is that it is closer to home than many of the other countries and islands in the Central American/Caribbean region. Located beneath Mexico’s Tucatan peninsula, Belize has a population of 330,000 and boasts a rich heritage such as...
4 Nov at 6 PM 2014

Harlequin pension saver victims hit with financial double whammy

Scammed retirement savers whose cash was lost in the Harlequin property crash are now facing up to ten years’ continuing charges by their pension providers. Affected investors who were persuaded to take out QROPS and SIPPS-wrapped products have not only lost every penny of their savings, but are being charged £500 per annum by the pension providers themselves. Ostensibly referred to as management charges, the totals taken by providers will add some £17 million to the estimated losses. Thousands of pension savers are affected,...