Expat Euro News

Latest 10 news items tagged Euro

20 Apr at 6 PM 2018

Fight for soft Brexit or no Brexit hots up via House of Lords defeat

The fight for a soft Brexit or even a withdrawal from Brexit is hotting up as campaign groups in support of UK expats in Europe and even the British government’s House of Lords are coming out in favour of defeating Theresa May’s vision for the country. Earlier this week, the British parliament’s Upper House inflicted an embarrassing defeat on May in the matter of the PM’s determination to include leaving the European Customs Union and its single market as part of her vision for Brexit. Her stance had already caused splits in...
20 Apr at 6 PM 2018

Shindler group attempting legal challenge to EC Brexit guidelines

Expat WWII veteran campaigner Harry Shindler and his group are mounting a charge to nullify the EC’s Brexit guidelines, thus stopping Brexit. Harry Shindler and 12 others are petitioning the European Court of Justice in an attempt to have the Brexit negotiation guidelines set out by the European Council annulled. The annulment would reverse permission given by the 27 EU member states to begin Brexit negotiations. The group’s strategy is to target key parts of the guidelines for intense legal scrutiny, with EU nuclear trade body...
20 Apr at 6 PM 2018

Shanghai expat community gives its view on its members

Expat communities aren’t always one big, happy family, according to a recent Shanghai media survey. Shanghai is officially the most popular Chinese mega-city for expats, with literally several hundred thousand making up the expatriate community. The vast majority are enriching the city with their contributions, but what do expats in general think about their co-inhabitants? Nowhere’s perfect, and every community has its rogue elements committing indecent, immoral and even unlawful behaviour. The good, the bad and the...
19 Apr at 6 PM 2018

Living the tax free high life in Dubai for expats

Dubai’s fame as a luxurious haunt for the ultra-wealthy draws internationally-minded expats willing to try their luck in the casino of Middle Eastern life. Dubai is one of the world’s most enticing no-tax destinations, attracting not just the cream of the expat professional crowd but also mega-wealthy entrepreneurs and global-minded individuals keen to exploit all Dubai has to offer. For expats, the lure of earning many times more than their salaries in the home country coupled with a tax-free status is far too good to resist,...
18 Apr at 6 PM 2018

Portuguese property prices no longer at bargain basement level

As the European housing market hots up, Portuguese real estate prices are showing the second strongest growth of all EU member states. Figures originating at Eurostat, the EU’s statistics guru, are showing the bloc’s real estate sector is still maintaining steady house price growth of around 4.5 per cent. Ireland recorded the largest growth percentage at 11.8, followed by Portugal at 10.5 and Slovenia at 10 per cent. Especially popular with UK retirees, a home in Portugal is now less affordable than in past years, with the...
18 Apr at 6 PM 2018

Spanish Banco Sabadell refuses storm damage insurance payment to Brit pensioner

A British pensioner living in Malaga’s Alhaurin el Grande has been refused an insurance payment for her storm-damaged gate. British expats moving to Mediterranean retirement hubs are often concerned about the reputations of European insurance companies, whether for health, home coverage or life insurance. There’s the language problem to be dealt with, and making a claim is often a nightmare for elderly expats. Even using insurers linked to or recommended by a local bank can go wrong, as 80-year old Sylvia Rush found when her gates...
17 Apr at 6 PM 2018

Data debunks myth of Spain as elderly expat retirement haven

Contrary to the widely-held belief that Brit expat communities in Europe mostly contain retirees, statistics suggest two-thirds of UK expatriates are below retirement age. Recently-released data from the UK’s Office for National Statistics shows 66 per cent of the estimated 784,900 Britons living in Europe are between the ages of 64 and 15, with more living in Spain than in any other EU member state. In addition, the data shows Spain is home to 293,500 long-term British expatriates, and the UK has fewer emigrants living In Europe...
16 Apr at 6 PM 2018

Cyprus golden visas spur huge hike in property prices

A new report has revealed the Mediterranean island of Cyprus is now a favourite location for expat property investors. The recently-released Cyprus Real Estate Marker Report shows real estate purchased by foreign buyers in 2017 has soared over the 2016 totals by 33 per cent. Limassol and Paphos were the most popular locations on the island for buyers from overseas, with purchases in the two regions making up almost three-quarters of the island’s total foreign transaction-related real estate revenue. Sales in Limassol were mostly...
16 Apr at 6 PM 2018

Retired expats in Thailand in fight for affordable private healthcare insurance

Expat retirees living in a number of popular Thailand destinations are pressing for dedicated group private healthcare insurance coverage. A group of retired Swedish expats living in Bangkok, Udon Thani province, Hua Hin and Phuket have banded together in an attempt to find a solution to a major problem affecting retirees - the soaring cost of individual private health insurance and the ever-increasing charges by private hospitals for their services. Thailand is home to a large number of long-stay elderly expats, many of whom were...
13 Apr at 6 PM 2018

Brit ambassador faces furious expats at Paris Brexit meet

Angry British expats based in Paris gave British Ambassador Edward Llewellyn a hard time during a scheduled Brexit meetup. The meeting was intended as an update on the progress of Brexit negotiations as regards UK expats’ rights, but an audience of furious British citizens had other ideas. In the 18th century British Embassy building, chaos reigned for a full two hours as Brits had their say, shouted and heckled over the content of the Ambassador’s carefully-prepared speech emphasising ‘considerable progress’ in the...