Expat Euro News

Latest 10 news items tagged Euro

18 Jan at 6 PM 2018

Spain beats out USA as second most visited world country

Spain’s popularity as a destination both for tourism and expat life looks set to continue. Always a popular destination for both holidaymakers and expats, Spain is now officially the world’s second most visited country, beaten only by France and overtaking the USA. During 2017, an astonishing 82 million visitors arrived in the country, a further increase on the 2016 record high figure. The total amount of money spent by foreign visitors also soared by just under five per cent, bringing its share of gross domestic product to 11.5...
18 Jan at 6 PM 2018

British expats in Spain approve Farage second referendum call

The anti-Brexit campaign group Bremain in Spain is supportive of Nigel Farage’s call for a second Brexit referendum. Bremain in Spain are in partnership with European Movement and Britain for Europe, and are fully in support of a second referendum based on the facts in an outline of a possible deal. Chair of Bremain in Spain Sue Wilson told local reporters she would expect a win for Remain voters, adding she’d love to throw the result as a 'win for the people' straight back at Brexit supporters who’ve been ‘shoving the...
18 Jan at 6 PM 2018

Husband of missing British mother arrested for boiler room fraud

Paul Muldoon is to be extradited to face boiler room fraud charges after being detained by police using a European Arrest Warrant. The abusive husband of missing British mother Rebecca Muldoon is to be extradited to the UK under a European Arrest Warrant for running a boiler room investment scam which defrauded British pensioners. Before he was arrested by British investigators, Muldoon was one of the UK’s most wanted financial scammers and had been on the run for over a year. He and his accomplices had been accused of running a...
18 Jan at 6 PM 2018

Dutch court judgement may determine the rights of 1.2 million UK expats in Europe

A court case brought by five UK nationals to a court in the Netherlands could mean citizenship rights for 1.2 million British expats. The aim of the court case is to persuade the Dutch judge to apply for clarification of UK expats’ citizenship rights to the European Court of Justice. Should the judge agree this course of action and ECJ rules in the expats’ favour, the door could be opened for all UK nationals in EU member states to retain essential rights such as freedom of movement. According to a BBC report, the ECJ, acting...
16 Jan at 6 PM 2018

Cala Romantica fraud victims get their money back in court

Spanish bank Sabadell Solbank has been ordered to reimburse damages of hundreds of thousands to expats who lost out over a failed off-plan real estate development. The scam began in 2006, when the Cala Romantica development was launched as an off-plan opportunity due to be completed by 2008. Construction had stalled long before the purchase contracts were cancelled in 2011 just before the developers declared bankruptcy. Dozens of buyers lost all their savings due to the collapse, leading eventually to their lawyers sueing the...
15 Jan at 6 PM 2018

Expats to benefit from changes in Federation of European FAs

FEIFA now has a new associate membership sector developed to meet the needs of the European expat community. FEIFA’s new sector is aimed at professional advisors who aren’t IFAs but who are working with global employees with a cross-border lifestyle which complicates their financial affairs and needs. Included are expats from overseas working in the UK, British expats abroad and individuals with incomes from or assets in other jurisdictions. This combination, according to the association, can unnecessarily complicate the making of...
12 Jan at 6 PM 2018

Expats in UK worried about Brexit effect on their finances

As speculation on the effects of a hard Brexit racks up, expats living and working in the UK are dissatisfied at best and fearful at worst. As a result of the ongoing uncertainty, the UK has dropped like a stone in the recent InterNations Expat Insider survey, managing only 54th place out of the 65 countries in the study. Significant falls were seen in all indices, but the results of the personal finance category were the worst. Clearly, rising inflation coupled with the weakening pound sterling is causing panic amongst a majority of...
8 Jan at 6 PM 2018

Is expat life in Mexico all it seems to be

These days, migrating to Mexico isn’t just for American citizens disenchanted by the way things are going in the US of A, as the country is becoming increasingly popular with retirees from Europe. The reasons why emigrants settle on Mexico aren’t much different than the priorities given for moves to popular expat destinations in Europe and Southeast Asia – great weather and a far lower cost of living. Digging deeper, one recent survey examined other convincing reasons as to why Mexico is now attracting expatriates from all over...
7 Jan at 6 PM 2018

Travelling to Alpine ski resorts now hell for expat motorists

Expat ski fanatics who chose their locations with travelling to the slopes in mind are having problems actually getting to their favourite resorts. From Chamonix through Gstaad, St Moritz and Klosters to Les Trois Vallee skiers arrive to take full advantage of the perfect pistes, ski-in, ski-out chalets, buzzing nightlife and après-ski parties. Those living in major European cities such as Zurich, Munich and even Milan have few problems with getting there, but expats whose home towns are father afield are getting trapped by...
7 Jan at 6 PM 2018

Profits and pitfalls for expat investors in 2018

The year ahead looks promising for expat investors, but political uncertainty may well create pitfalls. Admittedly, the start of 2018 does look promising, with tax cuts in the USA, an improvement in global growth and news that central banks are loosening their monetary policies, but is this the calm before the storm? Of course, financial advisors are urging their clients to continue investing, making much of the well-worn phrase ‘history demonstrates markets only go up in the long-term’, but with increasing unrest and political...