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Expat Euro News
Latest 10 news items tagged Euro
24 May at 6 PM 2013
European Commission intervenes in expat vote battle
The recent ruling refusing to allow British expats to vote in UK elections once they’ve lived overseas for 15 years has been called a punishment by the European Commission. The EC has thrown a lifeline to those fighting for the restoration of the right to vote, with commissioner Viviane Reding pushing to change the ruling. At a recent press conference, Reding told journalists that the EC will work to ensure all EU citizens keep their right to vote in their country of origin’s national elections. High court cases recently have...
24 May at 6 PM 2013
Expat housing cost rising fast in popular destinations
Executives are on the move across the world, forcing prices of luxury expat rental accommodation even higher in destinations such as Beijing, New York and the UAE. The continued weakness of European economies is forcing companies to look to other continents for their ongoing business, with new sectors expanding into emerging markets. Shanghai’s burgeoning automobile industry, the accounting and legal sector in Hong Kong and the financial sectors in the UAE and other Middle Eastern hubs are attracting executive-level workers looking...
23 May at 6 PM 2013
Opening up of Myanmar spurs expat gold rush
Following the recent relaxation of sanctions seen after the decline of decades of junta rule in Myanmar, the country is the unwitting target of large numbers of investors, would-be entrepreneurs and other expat classes. Many are arriving for the possibility of an economic boom, and others are drawn by a wish to be part of the rebuilding of the shattered nation and its impoverished communities. At present, Yangon and its bars, restaurants and hotels are the main beneficiaries of the gold rush and are busier now than in many previous...
22 May at 6 PM 2013
French government expat votes promise delayed for a year
A promise to give migrants from outside the UK a chance to vote in French regional and local elections made during President Hollande’s presidential campaign has been relegated to late in 2014. The reform was to be pushed through if François Hollande won the parliamentary election, and would have brought France in line with the majority of other EU member states. Today it was announced that the proposal will not be brought before the French parliament until after 2014’s municipal elections. According to the president’s...
21 May at 6 PM 2013
New study reinforces European racial stereotypes
Would-be expats considering which European country is the most suitable for their retirement or holiday homes may find a recent survey very revealing. The study was carried out by Pew Research Centre in Washington, and revealed that many traditional racial stereotypes still hold true in the 21st century. For example, the German people are seen as trustworthy, especially by the Spanish and the French. The results of the survey, carried out across Europe, may seem a little confusing, as many nationals in the countries surveyed agreed...
17 May at 6 PM 2013
Expat mums unfairly penalised by UK expat pension crackdown
The recently announced change in UK pension law disallowing married women’s pensions is hitting hard on stay-at-home expat mums. Married women who have lived overseas with their husbands and never worked will be hit hard by the proposed change in pension law disallowing them from claiming a spousal pension. The change in the law is being brought in to save paying expat spousal pensions to foreign wives who have never worked or lived in the UK but is expected to hit hard on legitimate claimants. The spousal benefit, known as the...
16 May at 6 PM 2013
World survey shows map of least and most racially tolerant countries
The World Value Survey’s map of every world country’s level of racial tolerance was used by Swedish researchers to determine the relationship between racism and economic freedom. The report by Swedish economists was prompted by one of many questions asked in the original survey of respondents in 80 world countries. The question was simple, with people asked to identify the types of people they’d dislike as neighbours. One check-listed answer was people of another race’, which led the economists to reason that countries in...
15 May at 6 PM 2013
New Spanish property investment visa draws Chinese and Russians
The Spanish government’s latest scheme to reinvigorate the country’s dying property market is drawing a rush of interest from non- European Union investors. The property investment visa guarantees residency permits to buyers of Spanish homes costing more than half a million euro, and is set to become active from July. Automatic residency is granted to owners of said property, and is also to be extended to spouses and children, although it will only be valid for as long as the property is owned. The finer details of the plan are...
14 May at 6 PM 2013
Survey data highlights effects of immigration in Canada
Data culled from the newly released 2011 National Household Survey points to major changes in Canadian society as a result of mass immigration. The national survey revealed that modern-day Canada holds 200 separate ethnicities and 100 diverse religions, and one in every five residents is foreign-born, the highest proportion of all the G8 countries. The greater Toronto region is becoming increasingly multi-national and is now home to many unfamiliar religious practices and languages. According to Tina Chui, Statistics Canada’s...
13 May at 6 PM 2013
