Expat Euro News

Latest 10 news items tagged Euro

18 Dec at 4 PM 2014

Joy for expats in Denmark as government passes dual citizenship law

Denmark has finally passed a law that will allow expats to become citizens of the country without losing the citizenship of their homeland. The new legislation also states that Danes who have previously given up their citizenship are able to reclaim it. The government’s decision on dual citizenship came after a research on the issue began back in 2012. The panel in charge of looking into it first considered the option of allowing dual citizenship for individuals from EU countries or member states of NATO, but came to the...
9 Dec at 2 PM 2014

Expats in Spain help collect hundreds of thousands of kilos of food for the poor

A food campaign organised by food bank Bancosol to assist poor people in Spain has been a huge success, thanks in part to the large number of expats who helped. The results went way beyond what was expected, with the food bank collecting a total of 703,000 kilos of food – more than 100,000 kilos more than what was initially targeted. The food will now be used to feed families in need. Collection points were set up at supermarkets along the Costa del Sol, home to a large number of British expats, many of whom either purchased a...
1 Dec at 9 AM 2014

Dubai named world’s best city to work

Dubai has been voted the best city on Earth to work, beating off completion from the likes of Hong Kong, London, Singapore, Paris and New York. According to a recent survey carried out by Insead’s French alumni association, Dubai came first on a list of 15 of the world’s seemingly most desirable places to live. The researchers questioned 835 alumni from the school’s European-based campus who had gained experience working in the 15 cities involved. Among the things taken into account were the availability of young talent,...
14 Nov at 2 PM 2014

British expats in Spain warned about healthcare registration

The UK’s Department of Health has warned Spanish-based expats that they have to properly register with authorities in the country to make sure they have full protection in the state healthcare system. “Moving to Spain? Think about Healthcare!” is the <a href="https://www.gov.uk/government/world-location-news/think-healthcare-when-moving-to-spain-or-it-could-cost-you-time-worry-and-money-warns-new-video">new video</a> produced by the department. The video, which informs would be expats that the process can...
13 Nov at 9 AM 2014

British expats described as unsociable

British expats do not properly integrate after emigrating, according to a new survey, which says they prefer to stick to their own social groups. British expats living in United Arab Emirates and African countries are the least integrated, said the study, which was conducted by global relocation specialist Robinsons. The survey showed that almost a third of respondents, 27 per cent, said that their friends were “mainly British”, while 10 per cent described their social group as “exclusively British”. At the opposite end of the...
11 Nov at 6 PM 2014

Expat investors worldwide lose £400 million in Oz Ponzi scheme

The latest financial scandal to rock the expat world has resulted in massive losses due to the activities of commission-hungry rogue salesmen and greedy product providers. Individual losses range between many hundreds of thousands to pension pots of £100,000 or less, with the staggering total making the collapse of the unregulated LMIM fund one of the most damaging since the 2008 crash. Warnings about the instability of the investment had been circulating online since 2009, when long delays in honouring redemption requests first set...
7 Nov at 6 PM 2014

Deadline December for toxic death bond misselling complaints

Expat investors who were mis-sold unregistered EEA Life Settlements Fund bonds have until December to launch complaints. The Guernsey-based collective investment scheme, composed of traded US life policies, was wrongly marketed as low risk for some years to Europe and Asia-based expats by commission-hungry salesmen. Following the UK Financial Services’ 2011 ban on the sale and marketing to retail investors of such products, a rush of redemptions resulted in the fund’s suspension. By then, 4,700 investors, many of whom were...
6 Nov at 6 PM 2014

Hidden financial and legal hurdles cause most expat stress

A recently released survey warns that would-be expats seeking a new life overseas should watch out for hidden hurdles such as tax and currency issues or unfamiliar legalities. Up to 400,000 Brits emigrate every year, with most citing a more relaxed lifestyle as a major reason for their life-changing decision. However, the survey revealed that it’s not the most alien destinations as regards language and culture which cause the most stress – it’s mostly all-time favourite English-speaking countries such as Australia and the...
3 Nov at 6 PM 2014

Chinese goverment survey reveals most expats are illiterate males

The results of a survey by China’s State Administration of Foreign Expert Affairs may have come as a shock to the ministry, but expat professionals seem to be regarding it as a big joke. The study was undertaken in order to determine how to attract the brightest and best overseas talent to China’s buzzing economy. The results, however, seemed to indicate that most expats are male, and almost all are unable to utter ever a short, simple sentence in basic Chinese. Expats who took part in the survey had a different tale to tell,...
27 Oct at 6 PM 2014

Survey shows Asian hubs offer more bang for the expat buck

The recently-published annual HSBC Expat survey has revealed that Asian locations offer the most affordable costs of living due to their cheaper accommodation, utility charges and groceries. The well-regarded survey, based on expats’ ability to afford essential services and goods as well as on average disposable incomes, saw Switzerland hit the number one position as regards overall quality of life. However, for mere expat mortals rather than retired bankers, Asian destinations won out on sheer affordability. Thailand and Vietnam...