Expat Citizenship News
Latest 10 news items tagged Citizenship
12 Dec at 6 PM 2013
Whether a worrying indication of the global police state or a bad hair day for an immigration officer, the ‘goings on’ at Kiwi immigration checkpoints are hitting international media outlets.
It all started when a New Zealand citizen
returning from London with his fiancée was detained at the airport and forced to hand over his iPad, smartphones, external hard drive and laptop. Immigration also demanded his passwords in order to access the content of his IT equipment.
The 27-year old graduate in online copyright infringement...
11 Dec at 6 PM 2013
President Obama’s flagship FATCA law is under fire from Republican party leaders as well as from the thousands of USA expats living overseas who have renounced their citizenship
The controversial and much-hated anti-tax evasion measure was designed to stop American citizens hiding assets and cash in overseas tax havens, but has resulted in twice as many expats renouncing their citizenship
than in previous years. Due to come into force next year, it’s been seen as an unacceptable added burden on top of the tax all American expats...
6 Dec at 6 PM 2013
Migrants leaving the UK for overseas jobs many never intend to return, but the final decision to stay or go may depend on whether they have a pension in their host country.
It seems that deciding to make a permanent commitment to your host county at the end of a career is easier if you have opted into a pension scheme in your overseas home. Taking this step tends to indicate that there’s enough which is good to encourage staying for the rest of your life.
The latest HSBC Expat Explorer survey indicated that, for UK citizens,...
26 Nov at 6 PM 2013
Results of a recent survey on salary trends suggest that expats working in Latin America will see the highest salary increases in 2014.
The Salary Trends survey, initiated by ECA International, revealed bad news for UK employees, who may only receive 3 per cent rises, if any at all. With inflation in the UK taken into account and the recent swinging increases in power prices and commuter rail tickets, it seems British workers will feel no relief from hard times.
The UK is second only to Finland as regards the miserliness of...
20 Nov at 6 PM 2013
As part of his Autumn Budget Statement the UK Chancellor is expected to announce that overseas nationals and British expats will be charged capital gains tax on UK property sales.
The tax raid due to be announced by George Osborne was revealed by Deputy PM Nick Clegg, and was originally aimed at wealthy foreign buyers of luxury London properties, a trend which has seen house prices rocket amid fears of a housing bubble. Thousands of expats who live abroad but have kept their UK homes are expected to be caught in the tax net should...
18 Nov at 6 PM 2013
Maltese passports will become available shortly for a fee of €650,000, and will allow the holder to move to and live in Malta or in any other country which is part of the Schengen visa zone.
The Maltese parliament voted in the new law last week, with its inception expected by the end of this month. Purchasers will not have to live on the island unless they wish to, nor are they required to invest in the country.
The minimum age for a passport purchase is 18 years, and applicants’ criminal records will be checked. In addition,...
13 Nov at 6 PM 2013
According to a major investment bank, the traditional expat life for senior executives abroad is shrinking fast as assignment become shorter and perks are cut.
Investment experts at Coutts Asia and Middle East are having to deal with executive-level clients’ complicated tax planning as assignments diminish from decades to a few years and rewards are slashed. Shorter contracts are now the norm, with countries such as Singapore now preferring to employ domestic staff.
Expats working abroad are increasingly unable to commit to a...
11 Nov at 6 PM 2013
Filipino expats and US/UK citizens with friends and relatives living in the typhoon-devastated areas are struggling without news as the communications blackout continues.
The devastating storm, one of the strongest the modern world has seen, laid waste to popular beachside areas in Cebu as well as other more remote ecotourism destination islands popular with visitors. The worst-hit was the Visayas archipelago, home to a number of beach communities popular with retirees.
The Filipino community worldwide is taking part in prayer...
7 Nov at 6 PM 2013
As options for British expat investors shrink further by the day, the latest offshore haven to sign up for the UK’s ‘Son of FATCA’ is the Cayman Islands.
The offshore islands join the Isle of Man, Guernsey and Jersey in agreeing to share information with the Inland Revenue about British taxpayers’ financial affairs, including earnings, assets and account details. The British Virgin Islands and Gibraltar are likely to be the next to fall as negotiations are already under way.
As with many unpopular schemes emerging from the...
18 Oct at 6 PM 2013
Whilst many other world countries are bemoaning the brain-drain effect of migration, New Zealand is celebrating the fact that, for every resident who leaves permanently or dies, more migrants are arriving, thus keeping its population stable.
The changing face of a nation as a result of immigration may not be regarded as a positive development by many states nowadays, but census number-crunching in New Zealand has revealed that, for every citizen
who dies or relocates permanently, a migrant arrives to contribute to his or her new land....