Expat Citizenship News
Latest 10 news items tagged Citizenship
9 Apr at 6 PM 2014
In a move aimed primarily at expats but sure to hit UK residents as well, the government has announced a crackdown on ‘flipping’ as a means of tax avoidance.
Flipping, the practice of changing which of two properties is an owner’s main home in order to avoid capital gains tax on a sale, was notorious as part of the MPs expenses scandal. Certain MPs were discovered to have flipped between their constituency and London homes, thus slashing their liability for tax.
The government’s plan, originally conceived to squeeze...
9 Apr at 6 PM 2014
The high rate of migration amongst New Zealand citizens is now being put down to a feeling of inequality due to financial insecurity.
The need to start again in another country may well be driven by a lack of opportunity at home, but is also the result of a feeling of inequality and exclusion caused by comparative poverty. The OECD recently issued an alarming warning to governments, urging them to take immediate action to control social divisions and inequality.
Emigration from New Zealand, often to Australia, has historically...
4 Apr at 6 PM 2014
After a brief mention in George Osborne’s recent 2014 Budget speech of a plan to tax expat pensions spurred concerns in many migration destinations, it seems taxing those not considered resident or domiciled in the UK is on the cards.
The Chancellor is now making it clear that expats must decide whether they are out or in the UK’s tax systems. They cannot, he said, expect to rely on the British government for favours concerning financial matters.
A consultation aimed at examining the possibility of scrapping personal tax...
1 Apr at 6 PM 2014
Singapore’s strong currency is likely to continue putting pressure on expats living in the city, but inflation is expected to be manageable for its citizens.
A study by the Asia Competitiveness Institute research centre has revealed that expat workers in the country are likely to find the cost of living a serious drain on their finances. However, average Singaporeans are expected to be able to manage price increases as long as the government monitors costs such as education, housing and healthcare.
In 2012, Singapore was rated as...
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...
28 Mar at 6 PM 2014
A recently-released social study has revealed that migrants recently arrived in Australia love their new lives but are experiencing racial discrimination.
The survey, carried out by Monarsh University in Melbourne, found that, although the vast majority of expats are happy to be in Australia, racism does exist in some communities. Discrimination was most felt amongst New Zealanders, with 26 per cent of those surveyed stating they had been victims of racially-motivated comments.
In general, migrants from Asian countries were the most...
25 Mar at 6 PM 2014
Many of the five million UK citizens living and working overseas may not have heard last week’s Budget allowance that non-residents’ personal tax allowances are to be reviewed.
At present, expats working overseas and pensioners with investments and state and private pensions are allowed an annual income of £10,000 before being taxed on sums above that amount. According to Chancellor George Osbourne in his budget speech, the allowances are to be examined and could be cancelled for non-resident expats living overseas who no longer...
20 Mar at 6 PM 2014
As the world hangs on Putin’s every word, expats in the Ukraine’s capital city of Kiev are shocked and angry, but none are making plans to leave.
Expats living and working in Kiev joined a major protest march yesterday in support of democracy amid widespread fury over what is being seen as Russia’s military invasion the Crimea. British expats told the media that the entire community is enraged at Putin’s actions, and is 100 per cent in support of the country’s new government.
However, the concern amongst the foreign...
12 Mar at 6 PM 2014
Although the FCA is now cracking down on dodgy FAs and property scams in the UK, British pensioners in Thailand are still being cheated out of their savings by unprincipled property agents and unregistered FAs.
Hapless senior citizens who’d planned to retire in a warm, inexpensive country are being ripped off by their own people in Thailand’s favourite expat destinations. Readers will remember the media publicity surrounding the Harlequin Group’s investigation by the British Serious Fraud Squad after the administrators were...
5 Mar at 6 PM 2014
UK expats who met and married their partners whilst working overseas are having their lives torn apart by new financially-based spousal UK immigration rules.
The minimum income requirement now mandatory for migrants from outside EU member states was introduced to limit the numbers entering Britain. However, the net result has been that UK citizens wishing to return home together with their foreign wives and families have only two options - get a well-paying job or leave them behind.
One such expat, born in the UK and privately...