Expat Euro News

Latest 10 news items tagged Euro

21 Apr at 6 PM 2014

Innovative graph shows global migrant flow over 20 years

Researchers have published a graph showing the migrant pattern between countries over the last 20 years. Many believe the 21st century to be the century of migration, with surveys suggesting that more people than ever before are keen to try for a new life outside their country of birth. However, a new and innovative graph has demonstrated that .6 of the total world population migrated to another country every five years during the past two decades. The authors of the graph, researchers Guy Abel and Nikola Sander of Vienna’s...
17 Apr at 6 PM 2014

Expat savers rates may rise in early 2015

Expat savers frustrated by the literal lack of interest in their fixed term savings accounts may see a light at the end of the tunnel by the second quarter of 2015. Although, earlier this month, the Bank Of England’s Monetary Policy Committee failed to upgrade its legendarily low interest rate of 0.5 per cent, analysts predict that easing will come in early 2015. Expat savers have been cutting living costs to the bone since 2009 saw the introduction of the rate. Bets are on that rates will rise before next May’s General...
17 Apr at 6 PM 2014

Strong pound boosts expat spending power in South Africa, Turkey and Thailand

As the pound strengthens along with the recovery in the UK, a newly-introduced online currency index will help travellers and expats to select the countries with the most favourable rates. Fluctuating currency rates are an endless worry for most expats on UK pensions or with investments paying interest in sterling. Over the last year, the winners have been those living in South Africa, Turkey and Thailand, with the strong pound and weakness of local currencies granting them between 20 and 30 per cent more spending power. In...
11 Apr at 6 PM 2014

European Health Insurance Card fiction and fact

Expats from EU member states as well as travellers may well be aware of the benefits of the EHIC, but there’s more confusion over its use nowadays than at any time in its 10-year history. A recent survey revealed that over 50 per cent of those travelling with the card believed that it gives free emergency healthcare in any world destination. Many also believe that there’s no need to purchase travel insurance if you’re carrying the card. Myths about the use of the card can result in a medical emergency abroad becoming a...
10 Apr at 6 PM 2014

Wealthy Brits overseas rushing to buy into booming UK housing market

International buyers, including wealthy UK expats living in the UAE, France and Switzerland are rushing to take advantage of Britain’s booming real estate market and weak sterling exchange rates. A survey by a British bank has revealed that the boom in house prices in London and the Home Counties combined with a weak pound has attracted attention from an increasing number of overseas buyers as well as high-earning expats. Over a third of those surveyed were planning to purchase UK buy-to-let properties during the next two years....
8 Apr at 6 PM 2014

Emerging economies are best for high wages and quality of life

As the 2014 Expat Explorer gets underway, results from the 2013 poll are showing that emerging economies give the best chance of a good expat quality of life on a more than decent wage. Last year’s survey showed that expats in Asia are the highest-paid in the world, with those in India, Indonesia, Vietnam and China receiving remuneration packages higher than the global average. China and Indonesia had the highest number of expats earning over $250,000. The survey also showed that Europe was the worst place in the developed world...
28 Mar at 6 PM 2014

Expats in Europe may be hit by higher mobile phone charges

In an attempt to compensate for losses to be cuased by the EU’s ban on mobile roaming charges, operators are planning to raise domestic mobile phone charges. The European Union ban on mobile roaming charges is set to come into force on 15 December 2015, and will prevent huge bills being run up by expats travelling between countries. The hated charge has caught out many thousands of those who live in one country and holiday or do business in another. The new law states that users must be charged identical prices whether they are...
28 Mar at 6 PM 2014

Expats love Australia but worry about discrimination

A recently-released social study has revealed that migrants recently arrived in Australia love their new lives but are experiencing racial discrimination. The survey, carried out by Monarsh University in Melbourne, found that, although the vast majority of expats are happy to be in Australia, racism does exist in some communities. Discrimination was most felt amongst New Zealanders, with 26 per cent of those surveyed stating they had been victims of racially-motivated comments. In general, migrants from Asian countries were the most...
21 Mar at 6 PM 2014

Free EU medical care for expats to end soon

Britons under the UK’s official retirement ages looking to emigrate to European sunshine destinations are about to lose their entitlement to free health care subsidised by the NHS. At present, UK migrants under the age of 65 or 60 for women who're migrating to popular destinations in Europe are allowed two and a half years of free treatment at overseas hospitals courtesy of the National Health Service. To obtain the privilege, UK residents are obliged to complete the S1 form guaranteeing them and their families access to free health...
17 Mar at 6 PM 2014

Increase in migration numbers spurs new expat associations

Migration numbers are soaring nowadays, with many who wouldn’t have dreamed of leaving their countries of birth a decade ago now happily established in expat communities across Europe and beyond. Those who blazed the trail some years ago have learned how to adjust to their new surroundings and get the best out of their new lives, and many in favourite expat destinations are now passing on their knowledge to recent arrivals. The Estepona Expat Resident’s Association is the new kid on the Spanish block, hoping to help ease...