Expat Euro News
Latest 10 news items tagged Euro
7 Mar at 6 PM 2014
After a two and a half year battle in the Spanish courts to save their homes, a group of expats in Zahara de los Atunes have been told their wooden properties are to be demolished next week.
The British/Swiss group, all owners at the Costa de la Luz Atlantic Forest Park, are now suing a British developer for a sum of more than a million euros. Although their battle will continue, they are being forced to leave the development’s charming villas by 12 March, on which date demolition of the complex and clearing of the land for another...
6 Mar at 6 PM 2014
With emigration for work purposes becoming even more common, it’s important for expats to ensure their company provides adequate healthcare packages.
Most international companies include quality healthcare insurance as an incentive to lure the best of the rest to offshore positions across the world. Would-be expat workers need to make certain the insurance package offered covers healthcare for themselves and their families relevant to their new location.
Company-based private health cover should take care of long-term treatments...
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...
4 Mar at 6 PM 2014
The expat community in Kiev is outraged at Russia’s military push into the Crimea region, with many joining in the protests against the Russian army's presence in the country.
The majority of foreigners living in the Ukrainian capital are fully supportive of the new government and its intention to take the country into the EU. Many took part in the protests which resulted in the pro-Russian president’s fleeing the country and are still on the streets in defence of the new government.
The ongoing pro-democracy demonstrations...
25 Feb at 6 PM 2014
The surge in the £ sterling over the last few months has seen the currency bounce upwards by more than 10 per cent, in contrast to a good number of other currencies seen to have moved in the opposite direction.
The gloomy outlook at the beginning of 2013 has slammed into reverse, with the pound faring better by far than the dollar and the euro
. Reasons include an overall expectation that rates will rise in the near future, the booming housing market and improving retail sales figures.
On the negative side, employment data is...
24 Feb at 6 PM 2014
A recent league table rating 223 global cities for their expat quality of life has placed Dublin at no. 34, with European cities continuing to dominate the ratings.
Unsurprisingly, the result of the survey, carried out by international consultancy firm Mercers, showed European world cities at the top of the list, with Vienna coming in at first place. Zurich, Munich, Frankfurt and Dusseldorf all made it into the top ten.
The report was the result of an analysis of 39 factors deemed essential by expats, ranking the cities based on the...
21 Feb at 6 PM 2014
Less than three months from now, Britons will vote in the European Parliament elections, with the 5.5 million British expats living overseas urged to register and make their views known.
At present, a tiny minority of overseas British citizens are registered to vote, according to the UK’s Electoral Commission, which has launched an online social media campaign to encourage more to sign up. It’s hoped that next Wednesday’s overseas registration day will result in at lest 25,000 downloads of the registration forms available at...
18 Feb at 6 PM 2014
A controversial bill being proposed by EU lawmakers will make declaring confidential financial information held by trusts compulsory.
The aim of the proposed legislation is to stop corporate money-laundering, but will catch expats and EU member state residents in its net. To the EU, trusts have much less wide implications than is usually understood in the UK, with even the joint ownership of a home as in Land Registry documents coming under the proposed new law.
Families will be forced to hand over accounts for the so-called...
13 Feb at 6 PM 2014
After the BBC’s satellite switch last week, wails from Southern Spanish expat hubs could be heard for miles as aficionados realised they’d probably watched Eastenders for the last time.
The initial new satellite coverage map issued by the BBC showed a swathe of Europe covered by possibly less satisfactory signals, but at least they were there, unlike in the Costa del Sol and a few other Spanish expat hubs. Subsequently, ITV and Channel 4 switched as well, bringing the curtain down on Coronation Street to even louder wails....
10 Feb at 6 PM 2014
With UK interest rates still at a miserable level and US stocks struggling since the start of 2014, investments in emerging markets may be tempting may expat investors.
Investing in overseas emerging markets was expected to increase after the turn of the year, but the sector has taken a beating for a number of good reasons. Tepid economies, inflation, high debt to GDB ratios and increasing political turmoil have all taken their toll on formerly optimistic projections.
China, the new power behind the global economy, has reported a...