Expat China News
Latest 10 news items tagged China
15 Apr at 6 PM 2014
Given that Singapore is now the most expensive world city for expat living, a few useful pointers can ensure financial survival as well as having a great time.
Most expats arrive in the booming city aiming to stay several years at most, and rush out to rent an apartment rather than buying straight away. Experienced expats consider renting is a waste of money and buying is sensible, as most arrivals love the Singapore lifestyle and stay far longer than they first intended as a result.
Early application for permanent residency is...
8 Apr at 6 PM 2014
As the 2014 Expat Explorer gets underway, results from the 2013 poll are showing that emerging economies give the best chance of a good expat quality of life on a more than decent wage.
Last year’s survey showed that expats in Asia are the highest-paid in the world, with those in India, Indonesia, Vietnam and China
receiving remuneration packages higher than the global average. China
and Indonesia had the highest number of expats earning over $250,000.
The survey also showed that Europe was the worst place in the developed world...
1 Apr at 6 PM 2014
According to the latest Australian census, the country hasn’t lost its popularity as an expat destination for disenchanted UK citizens, as 5 per cent of Oz’s total population are Britons by birth.
A total of 1.1 million Brits are now living in Australia, according to the survey ,and outnumber New Zealanders, the second largest group, by more than double. The census also pinpoints immigration trends as regards location and marital status.
Melbourne and Sydney are the most popular destinations for migrants, home to almost half the...
25 Mar at 6 PM 2014
International schools across the world, started for the purpose of teaching expat children a British curriculum, are now being overrun by local students.
A recent study has revealed that some 80 per cent of places in overseas international schools are being grabbed by wealthy local people for their children. Expat families living and working overseas are gradually losing out on the chance to standardise their kids’ education in preparation for their return to UK schooling.
Increasing growth in the market is noted in the Middle...
20 Mar at 6 PM 2014
Counsellors at Lifeline Shanghai, China’s only English-speaking helpline, are reporting that worry over financial security is now a major cause of stress in the expat community.
Launched in 2004, the unique charity’s majority of calls at that time concerned lonely housewives distressed by their cheating husbands. Ten years later, Shanghai’s many female expats are more concerned about money than mistresses.
Programme manager Allan McDean says that husbands starting relationships with Chinese
women were the top of the tree for...
12 Feb at 6 PM 2014
HM Revenue and Customs is warning all British taxpayers to ignore emails promising bogus tax refunds.
The ongoing scam involves emails being sent by the thousands to British taxpayers, stating that tax refunds are due and providing a link supposedly to an official form requesting details of bank accounts and credit cards. HMRC is urging taxpayers not to click on the links and delete the email immediately.
A number of taxpayers who unwittingly replied to the emails have reported that their bank accounts were emptied almost...
10 Feb at 6 PM 2014
With UK interest rates still at a miserable level and US stocks struggling since the start of 2014, investments in emerging markets may be tempting may expat investors.
Investing in overseas emerging markets was expected to increase after the turn of the year, but the sector has taken a beating for a number of good reasons. Tepid economies, inflation, high debt to GDB ratios and increasing political turmoil have all taken their toll on formerly optimistic projections.
, the new power behind the global economy, has reported a...
29 Jan at 6 PM 2014
, Singaporean and Russian property investors are beating expat investors to the best buys in major world capitals.
With more millionaires than in any country except the USA, and a rapidly expanding number of would-be migrants, it’s no surprise that nowadays the Chinese
are the most sought-out property investors in the world. Around 50 million Chinese
are estimated to be living outside the country, and those still in China
are looking at the big picture as regards investments.
Foreign investors are being offered...
9 Jan at 6 PM 2014
A report in the London Times stating that the UK government is preparing to auction off UK visas, residency and citizenship to high-bidding foreign millionaires is causing anger and controversy.
The report states that, under the scheme, wealthy foreigners could buy their way into the UK by donating to hospitals or universities or bidding for investor visas. The controversial scheme, it seems, was dreamed up and put forward by the government’s immigration advisors and is already attracting a raft of negative comments.
17 Dec at 6 PM 2013
Expats in most popular destinations are having to pay ever-increasing premiums for private heathcare due to local private hospitals' over-treatment and even fraudulent billing.
Foreign nationals everywhere, especially in southeast Asian medical hubs such as Thailand, have seen their health insurance premiums soar over the last several years at a far higher rate than medical inflation alone would suggest. A large number of expats abroad are younger staff on assignment and with international cover, suggesting that increases in claims...