Expat Euro News

Latest 10 news items tagged Euro

23 Oct at 6 PM 2014

Expats in New Zealand falling foul of cold calling and overseas investment scams

Following on from reports of vastly increased numbers of financial scams in Europe, the Gulf States and Asia, today’s warning to citizens and expats by the Kiwi Financial Markets Authority (FMA) comes as no big surprise. Expats across the world are now being ripped off via an unprecedented number of financial fraudsters lurking in expat communities. The majority of those targeted are older expats and retirees, and pension pots and life savings are more at risk than ever before. The FMA’s action comes as a result of an...
22 Oct at 6 PM 2014

Mega rich give fortunes to support young entrepreneurs and the underprivileged

A recent study has revealed that wealthy philanthropists nowadays are focusing on helping new self-sustaining projects, job creation and the poverty-stricken. Around 13 per cent of the world’s wealth is held by just 0.003 of its population – the mega-rich millionaires and billionaires who monstly made their fortunes in the heady second half of the last century. However, rather than gifting to museums or universities as in the past, the ultra-wealthy are turning their thoughts to encouraging young entrepreneurs, those working in...
21 Oct at 6 PM 2014

UK Foreign Office warns expats over increasing terrorist threats

As conflicts erupt in European as well as the Middle East and Asia, the UK Foreign Office has stepped up its travel warnings to both tourists and expats. France is the number one target for the latest British authority warnings to UK residents as well as visitors to the popular tourism and expat hub. A triple warning has been issued, with the expected terrorist backlash against France’s military intervention in the war between the Kurds and ISIS at the top of the list. According to the French government, security measures have...
15 Oct at 10 AM 2014

Europe set to take over from Middle East as expat bonus hub

Although the Gulf States have traditionally attracted the majority of expat professionals due to generous bonuses, Europe is set to take over the rewards crown. Today’s expanding Western-based bonus culture is the result of a recovery from the devastating effects on international companies of the 2008 financial crash. The tightening of corporate belts and the disappearance of many investors meant bonuses were drastically cut or disappeared altogether. Recent research has shown that Europe is likely to be the first world region...
14 Oct at 6 PM 2014

Portugal the ideal destination for expat retirees

The search for the perfect overseas retirement haven is crucial to many retirees’ plans for the future, and involves finding a dream home in a sunny, friendly environment such as Portugal’s romantic Algarve region. Known for several decades by literally thousands of UK expats as a great place to live, a recent survey has identified the Algarve as an all-time favourite. Its medieval cities, coastal fishing villages and small towns, local markets, delicious food and wine and warm weather are all topped off by friendly, established...
14 Oct at 6 PM 2014

Australia still beats the competition for best UK expat destination

As Northern Europe’s chilling winter months draw nearer and the results of seasonal surveys of the perfect expat destination hit forums and advice websites, potential migrants could be forgiven for an excess of confusion over which destination is best. The NatWest Quality of Life Survey, one of the better indications of migration preferences, produced a surprise this year with its conclusion that the West as a preferred expat destination is being overtaken by Eastern delights. Even so, Australia still tops the chart as UK expats’...
14 Oct at 6 PM 2014

Soaring cost of living in Singapore impacting expat salary increases

In spite of the high salaries paid to expats living and working in the popular city-state of Singapore, rampant inflation is smashing down on even the most generous pay rises. The results of a survey by Standard Life indicate that the vast majority of expats believe their salaries are unable to catch up with the city’s soaring cost of living increases. Although most of those surveyed said they were earning far more and saving more than in their home countries, 50 per cent complained that they needed further salary increases to keep...
14 Oct at 6 PM 2014

Which country gives the best returns for expat property investors

The international real estate sector has traditionally been a favourite with expat property investors, but it’s anyone’s guess which locations will perform best over the long term. Over the past year, the UK housing market has seen soaring gains, with many expat investors eager to cash in on buy-to-let opportunities before they are priced out of the market. As the year draws to a close, many are finding they can’t afford properties in areas already saturated with foreign buyers, and are looking overseas to find the next hotspot....
24 Sep at 6 PM 2014

Expats letting out UK homes face new mortgage problems

A new EU ruling may cause hassles for expats wishing to let out their UK homes using a buy-to-let mortgage whilst they work or live overseas. Until March next year, expats looking to take up a contract overseas are able to let out their UK property with the permission of their mortgage lender. After that date, new EU rules will compel mortgagees wishing to let their properties to prove they can afford the monthly payments on an existing loan or new buy-to-let mortgage. Expats planning to stay outside the UK for a considerable time...
24 Sep at 6 PM 2014

Missing expat Premium Bond prizewinners urged to claim their windfalls

Two British expats who’ve probably forgotten they’d bought Premium Bonds are sitting on a major windfall totalling £150,000. The UK’s Premium Bond scheme encouraged millions of post-war Britons to buy its shares at £1 each and take part in its monthly draws. Many savers won small or larger prizes over the years until the National Lottery and the later Euro lotteries began offering huge prizes not linked to savings. One of the two unclaimed prizes is due to a woman holding six bonds who emigrated to Australia and...