Expat France News

Latest 10 news items tagged France

28 Jul at 6 PM 2014

HMRC issues third highest QROPS mass suspension since April 2006

The 15 July official QROPS list published by the UK’s HMRC has suspended a total of 118 Qualified Recognised Overseas Pension Schemes (QROPS). The mass cull is the third largest since the scheme itself was introduced in April 2006, and includes 99 Australian QROPS, one from Mauritius, 15 from India and two from Canada. The tax authority declines to explain the reasons for its decisions, but suspensions can be the result of pensions no longer qualifying for inclusion, tax abuse, single member schemes losing members or reviews of a...
28 Jul at 6 PM 2014

Study shows France offers best healthcare in world for expats

The French healthcare system, highly regarded for decades, has recently received a further boost to its reputation. The Annual Global Retirement Index survey undertaken for International Living Magazine has rated France’s healthcare the best in the world for expat retirees. Out of 100 possible points, the Gallic system rated 97, and was even described as inexpensive. Beating out Uruguay in second place and Malaysia in third, France’s benefits were rated as excellent. The state pays the bulk of charges for medical services as...
30 Jun at 6 PM 2014

Most expensive and cheapest places to live in Europe

Cost of living considerations are one of the most important aspects of deciding on the perfect place to live outside your home country. Whether you’re moving overseas for work or retirement, balancing the cost of living in your chosen country with your financial status is essential, and doesn’t necessarily rest on average prices experienced whilst on holiday. In spite of the single European market place, everyday costs vary country to country and even between conurbations and rural regions. Most surveys focus on specific wealth...
6 Jun at 6 PM 2014

Overseas retirement havens too expensive for UK expats

Retiring overseas has been the dream of many UK citizens, worked for and saved for over many years, but inflation in favourite destinations is now killing the reality for many. Experts are reporting that buying a property overseas and living the good life in retirement is no longer possible for the average British couple due to rapid rises in the cost of living abroad. Specialist relocation companies are now branding expat life as a luxury rather than an affordable reward for a lifetime’s work. The majority of favourite European...
5 Jun at 6 PM 2014

Does learning Spanish lessen the risk of expat dementia

Learning the language of your chosen retirement destination is a real challenge for many newly-arrived expats, but keeping at it could mean your brain stays young over the years to come. Recent research by a team at Edinburgh University has revealed that becoming reasonably proficient in an unfamiliar language is one of the best ways to avoid the brain’s ageing process. Surprisingly, the study revealed it didn’t matter whether a new language was studied early or late in life – the benefits remained the same. The 262...
23 May at 6 PM 2014

How to get the best overseas property bang for your buck

When you’re considering emigrating or investing your pension pot in overseas property, it’s difficult to decide which country gives the best value and the best chance of long-term returns. A recent world survey by the Organisation for Economic co-operation and Development, (OECD) offers information on property prices in most popular locations, linked to the economic prospects of your chosen country. The report also identifies regions in which real estate is overpriced. Unsurprisingly, property in the UK and the majority of EU...
8 May at 6 PM 2014

Strengthening sterling brings good news for expats overseas

Strong economic data during the first quarter of 2014 has sent the pound into an upward spiral, benefiting expats on fixed or frozen pensions as well as those looking to buy a home. Real estate in many favourite expat spots in the Eurozone is at its cheapest since well before the 2008 crash, and the strong pound is resulting in even better bargains on properties priced in euros. Savings on cash-in-hand property purchases can be considerable. Sterling is also at a four-year high against the US dollar, with one pound now buying $1.67...
23 Apr at 6 PM 2014

Brit expats flee Spain due to troubled economy

A recent data release has revealed that the number of British expats officially registered as living in Spain decreased in 2013 by 20 per cent. The official number of Britons living in the crisis-hit country as recorded by town hall registers totalled 385,179 at the beginning of last year. However, the British Embassy believes there are at least 800,000 UK citizens living in Spain permanently or for at least part of the year. Data from the National Institute of Statistics showed that, over 2013, the official numbers dropped to...
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....
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...