Expat Euro News

Latest 10 news items tagged Euro

25 Aug at 6 PM 2014

New online map charts British Curriculum schools across the world

A new, fully comprehensive map shwoing the location of schools offering the British Curriculum has been launched online and is aimed at helping expat parents world-wide to find the best international schools for their children. The British Curriculum is considered to be the prime educational system for UK expat children whose parents are or are planning to work in diverse overseas regions. It’s not offered at all international schools, but is essential for British youngsters who will be returning to the UK for further...
21 Aug at 6 PM 2014

Dubai companies report expats work less during the hot season

Given the number of expats from colder European climes who are living and working in Dubai, the news that workplace productivity declines in proportion to temperature increases is no surprise. Although new arrivals from the winter snows in many countries across Europe may think they’ve arrived in a warm heaven, once the summer highs of up to 50°C set in, they’re desperate to get relief on short breaks to cooler locations. The extremely high humidity of the average Dubai summer makes the heat even more unbearable. Expat experts...
19 Aug at 6 PM 2014

Losing investment cash to fraudsters is the 2014 hot topic for retirees

UK retirees living overseas are facing threats to their life savings from both the HMRC and the number of fraudulent FAs lurking in expat havens. Expat forums based in many favourite retirement destinations in Europe and Asia have indicated that the two top topics concerning the loss of pension pots are the triggering of heavy tax penalties by transferring cash between pensions and the likelihood of falling foul of fraudsters. Both fears involve mis-selling and bad advice by UK salesmen operating illegally overseas. For example,...
15 Aug at 6 PM 2014

Are British banks ridding themselves of their UK expat customers

Between five and six million UK citizens living overseas may be at risk of losing their UK-based bank accounts. Of the millions of UK-born expats living overseas, at least 800,000 are believed to be domiciled in European Union states as business owners, retirees or employees of foreign or UK-based companies. Creeping moves by British high street banks suggest that British citizens living in the EU or farther afield may no longer be welcome as customers. The recent cancellation by Santander of expats’ debit cards held on their UK...
14 Aug at 6 PM 2014

Are UK expats giving up on La Dolce Vita

Since the heady days of the 1930s, Rome and Italy have been favourites for expats searching for history, beauty and fantastic food and wine. Living the dream in an Italian coastal resort or the wine regions of Tuscany has been the ambition of many Brits as they approach retirement age. Many have made the dream come true, but is it fading due to the effects of the 2008 financial crisis? Italy is now in its third recession since 2008, with its GDP falling, unemployment still on the rise and net trade sliding further into negative...
12 Aug at 6 PM 2014

Spanish Fifty Shades of Grey hotel beaten by red tape

A Spanish entrepreneur’s money-making idea of a hotel dedicated to replicating the bestseller Fifty Shades of Grey has been shot down by the local mayor just before its opening night. The brainchild of a Valencia businessman, the hotel was set to open a week ago in a small village just outside town in an area with a good number of expat residents. Due to include rooms with an S&M theme and even a dungeon, the risqué project, named Roissy Castle, was converted from an existing hotel, the L’Om del Llosar. The anonymous...
11 Aug at 6 PM 2014

Graduate Irish doctors tempted to stay by tax breaks

In a desperate move to stop the majority of Irish medical professionals leaving for better-paid jobs overseas, the government is being urged to cut an impressive tax deal with newly-graduated doctors. A detailed proposal from two Irish government departments, Finance and Health, is being closely scrutinised for inclusion in the country’s 2015 budget. The move follows the continuing migration of a huge number of doctors, nurses and other health professionals to the UK, Canada, Australia and New Zealand. The five million euro per...
1 Aug at 6 PM 2014

Retired expats in Asia warned to monitor currency fluctuations

Expat pensioners living in Asian destinations are enjoying far better exchange rates than they were a year ago, but is the trend set to continue? Britain’s strengthening recovery, rumours that the Bank of England is close to raising the base rate after its six years in the doldrums, and the European Central Bank’s growth policy have uplifted pension payments in Asia. However, expat pensioners are more at risk should a downtown occur than any other expatriate sector. The 2008 financial crash and its resulting global recession...
31 Jul at 6 PM 2014

Epidemic of Spanish live entertainment bar closures ruining expat social lives

Favourite retirement hubs along the coast of the Costa Blanca are suffering an epidemic of live entertainment bar closures due to license revoking after noise complaints. For decades, the Costa Blanca coastline below Alicante has attracted British retirees and entrepreneurs to its more traditional, less riotous Spanish resort towns, with many setting up small bars and restaurants. The region became a hub for live entertainment during the spring, summer and autumn months, attracting performers from across Europe and the UK.....
29 Jul at 6 PM 2014

UK government inquiry told EU wide misselling redress needed

As complaints against the mis-selling of financial products soars across European states, a UK Parliamentary enquiry has been advised that an EU-wide mechanism for consumer redress is badly needed. Although EU law on consumer protection has been updated since the 2008 crash, redress for consumers with mis-sold financial products has remained the responsibility of separate member states. At the present time, the UK Financial Ombudsman is handling a massive number of claims relating to both banks and FA firms accused of ignoring due...