Expat China News

Latest 10 news items tagged China

7 Aug at 6 PM 2017

Mongolia mining sector boom spurs luxury developments for expat professionals

Expat professionals in the mining sector are flocking to Mongolia’s capital Ulaanbaatar, fuelling demand for high quality apartments. Due to vastly increased financial commitments by international mining conglomerates, Ulaanbaatar is becoming the latest boom-town destination for expat professionals in the sector. Following the collapse of the Soviet Union and during the last 10 years, Mongolia’s capital city has witnessed seemingly endless boom-bust scenarios of frantic construction followed by stark recession, but the present...
2 Aug at 6 PM 2017

Russia and China crack down on VPNs and social media sites

In yet another crackdown on internet freedom, both China and Russia are banning the use of VPNs. The hundreds of thousands of expats in Russia and China who use virtual private networks for business, to ensure reliable internet access or to keep in contact with their friends and family back home on social media are about to be banned from using the efficient services. The bad news was broken via popular Express VPN, used by tourists, business visitors and expats to access social media and ensure a stable internet connection....
1 Aug at 6 PM 2017

New Zealand on the up as a preferred expat destination

Traditionally, New Zealand has always welcomed large numbers of expats looking to start a new life, with British expats making up a strong percentage of its annual arrival statistics. A recent analysis of the country’s immigration data has revealed a five per cent increase in arrivals for the 12 months from June 2016. Out of the total of 131,400, leaving aside the 25 per cent comprising New Zealand citizens returning from overseas, the trend in immigration is still on the up. Australia continued to be the largest source of arrivals,...
31 Jul at 6 PM 2017

Amsterdam sets up as a refuge for finance professionals

Whilst it’s probably impossible to replace London as a world financial hub, it’s obvious that its post-Brexit clout will be much diminished. No single EU capital city can absorb the entire financial services industry now resident in London, but firms unable or unwilling to attempt to remain in post-Brexit Britain could do worse than consider a move to Amsterdam. The Dutch city is well placed as a gateway to the rest of the EU, with a number of banks and other multinational giants already established, including Japan’s massive...
26 Jul at 6 PM 2017

New QROPS rulings unlikely to deter many pension savers

Many expats and would-be expats are now worried that QROPS as an efficient, tax-friendly investment option may soon be dead in the water due to recent changes. QROPs experts are rushing to clarify the recent changes to QROPS rules by Britain’s HM Revenue and Customs in order to reassure investors looking to take advantage of the best way to deal with their pension pots. Several recent reports seem to indicate the popular product is stuttering, but the reality is that around one thousand offshore pensions are still available in 29...
20 Jul at 6 PM 2017

Dealing with the new Chinese work permit system

China’s new work permit system for expats divides applicants into three tiers, dependent on point scoring of qualifications and experience. Although the new system combines the two previous permits, making it easier for expats to decide which to use, as well as allowing employers to submit applications, it’s still causing confusion. Basically, those with top talents and qualifications should be home free and enjoy additional advantages, whilst those in the two lower tiers may need to meet tougher entry requirements, longer waiting...
11 Jul at 6 PM 2017

China to clamp down on VPNs bv next February

Reports that the Chinese government are to block the use of all VPNs from next February onwards are causing concern amongst expat netizens and small business owners. A recently released article by journalists working for Bloomberg Technology claims inside information confirms an order sent to China’s various internet service providers to ban the use of VPNs by individuals. Should this happen, vast swathes of the huge country will effectively be cut off from the uncensored internet. At the present time, no official corroboration...
27 Jun at 6 PM 2017

Tips for expats on renting property in China

Arriving in a strange land and attempting to find a good place to live is stressful enough for most expats, but language difficulties and lack of knowledge of laws can confuse even the most enthusiastic newcomer. Renting a home is the convenient way to begin a new life in an unfamiliar location, but how to do this without any knowledge of what’s right and what’s decidedly dodgy. Chinese law is said to confuse even the Chinese, but the tips below will help newly arrived expats avoid the usual pitfalls. If you’re offered...
23 Jun at 6 PM 2017

Survey shows Gulf states rising costs of living

In spite of readjustments in their local economies, Abu Dhabi and Dubai’s survey rankings have moved up, indicating more expense for expats in the region. The Mercers cost of living survey found that Dubai had risen one point to 20th most expensive world city, with Abu Dhabi following on at 23rd, two points up from last year’s study. Several other Gulf cities including Doha, Muscat and Riyadh also featured in the list of top 100 most expensive expat destinations. The Dubai and Abu Dhabi ratings come as something of a surprise as...
22 Jun at 6 PM 2017

Shifting global economy good news for expat living

The oil price crash combined with increasing global nationalism over the past year has caused the global economy to shift, thus decreasing the cost of living in London and other expensive expat destinations. As a result of the global changes, the latest survey of the world’s most expensive cities has produced some surprising results indicating dramatic cuts to the cost of living in London and other major world cities. In the majority of cases, the values of local currencies have tanked against foreign currency rates, with expats...