Expat Euro News

Latest 10 news items tagged Euro

28 Sep at 6 PM 2016

Eurostat survey reveals Spanish city with most expats

Statistics from a recently released Eurostat survey have confirmed Spain as the most popular of all European states for expat living. It’s old news that Spain is and always was the hottest destination for expats, especially retirees, with the results of a new Euro-survey identifying coastal Torrevieja in Alicante as holding the highest number of expats in the whole of Spain. Also known as the ‘city of salt’, the seaside town is home to 46 per cent of foreign residents, the majority of whom are retirees from the UK. Having...
27 Sep at 6 PM 2016

Vietnam scores high for expats in Asean states survey

It’s not just foreign investment that’s changing the game for expats in Vietnam, it’s career progression, lifestyle and the country’s overall charm. The recent 2016 Expat Explorer survey placed Vietnam as the second-best ASEAN country for expats after long-term winner Singapore. In addition, last year’s 25th place globally became this year’s number 19, a considerable jump reflecting the country’s overall improvement. Over a third of expat respondents based in Vietnam said the fast-developing country was good for the...
22 Sep at 4 PM 2016

Totals of UK expat pensioners winter fuel payments slashed following crackdown

The recent crackdown on payment of winter fuel allowances to UK expat pensioners living overseas has resulted in the total cost of providing the benefit falling by two-thirds. The British government’s bill for winter fuel payments to pensioners living outside the UK has fallen dramatically since new rules for its entitlement were brought in. The winter of 2015/2016 saw just 42,015 pensioners resident in EU member states receiving the benefit, a striking contrast to the 2014/2015 payments to 137,845 expat retirees. Former work and...
21 Sep at 6 PM 2016

Survey suggests a city for every type of expat

The difference and diversity of the world’s most popular cities means there is one perfect urban retreat for every potential expat. Expats come in all shapes, colours and desires, with finding the dream destination especially important as it ensures the expat experience is all it can be. Each world city has its own original sense of identity contributing to its unique appeal, whether cultural, secure, sporting, great for career advancement, strong on enterprise or competitive as regards salaries. The latest Expat Explorer survey...
19 Sep at 6 PM 2016

Brexpats in Spain protest group expands to thousands of members

Whilst politicians in the UK fight over the effects and even the legitimacy of the Brexit referendum, a protest group in Spain has expanded to include thousands of UK expats. Begun several months ago in the Spanish town of Mijas, the group evolved almost overnight into ‘Brexpats in Spain’ due to a huge response from UK expats across the country. Thousands of British citizens resident all over Spain are now members, and the group’s new website covers all aspects of Brexit and the UK government’s convoluted responses....
16 Sep at 6 PM 2016

Two dead and 20 injured in Indonesian fast ferry explosion

A modern, Australian-built fast ferryboat has exploded during a run between Bali and the island of Lombok. The Gili Cat ferryboat was carrying around 40 people when it blew up after smoke was seen pouring from its engine. It’s not yet certain whether the dead and injured are all tourists holidaying in Bali or whether expats were caught in the tragedy. One Austrian woman and one European woman were killed, and at least 20 passengers received injuries. Forensic teams are investigating the cause of the fatal explosion, with one who...
16 Sep at 6 PM 2016

Oil price crash threatens Qatar economy and expat jobs

The effects of last year’s dramatic fall in energy prices are now threatening to change the face of Qatar and the lives of both locals and expat workers. Qatar’s formerly thriving economy relied on its position as the world’s largest exporter of liquefied natural gas until lower oil prices kicked in due to a surplus of the ‘black gold’. The emirate has attempted to boost its revenues by increasing utility bills and severely restricting spending, but the inflationary effects of this strategy are now being felt across the...
15 Sep at 6 PM 2016

Furious British couple up sticks and move to Malta after Brexit result announced

One British couple were so incensed by the Leave victory in the Brexit referendum they immediately sold up, left the UK and are now permanently settled in Malta. Like many millions in the UK, Nigel Lippard and his Hong Kong-born wife Linda didn’t believe the Leave campaign had even half a chance of winning the June 23 Brexit referendum. However, as the date approached and polls saw the gap between Remain and Leave narrowing, they became increasingly concerned. Having woken up to their worst nightmare on June 24, the couple...
13 Sep at 6 PM 2016

Brit expats in Spain sue Rothschild over mis-sold equity release schemes

According to a recent article in the Sunday Times, a group of four expats living in Spain have filed a lawsuit alleging mistreatment in the matter of an illegal equity release scheme. The lawsuit due to be heard in Britain’s High Court is being seens as a test case for more than 800 British retirees in Spain, Portugal and France who were drawn into remortgaging their homes in order to re-invest the capital in offshore funds. Representatives of the unregistered financial advice company Henry Woods, blacklisted from operating in Spain...
13 Sep at 6 PM 2016

Post Brexit expats may need residency visas to live in Europe

According to the Home Office, Britons planning to emigrate to European Union member states may well need long-term residency visas. European countries are favourite destinations for British citizens wishing to retire overseas, with the EU freedom of movement laws allowing easy access. The Brexit vote takes away freedom of movement, potentially wrecking the plans of many thousands of UK state pensioners searching for a lower cost of living and warmer weather. Once Britain leaves the EU, freedom of movement will become a thing of...