Expat Hong Kong News

Latest 10 news items tagged Hong Kong

30 Oct at 6 PM 2014

Hong Kong expats support protestors by running umbrella shaped marathon

Although Hong Kong’s expat community is divided over the ongoing student protests in the heart of the city, two of its number today took part in an umbrella-shaped 102 km marathon in support of democracy. The pair, both experienced ultramarathon runners, were expecting to take around 15 hours to cover their planned course, shaped on a map of Hong Kong as an umbrella in honour of the protestors. John Ellison and Andrew Dawson told reporters prior to the start that the route had been deliberately designed to be long and hard as it...
28 Oct at 6 PM 2014

US expat woes increase thanks to FATCA

A recent survey undertaken with a sample of US expats living in popular destinations revealed that almost three-quarters of respondents had considered voluntarily renouncing their citizenship to avoid the onerous FATCA requirements. The complications of endless form-filling, the threat of being barred from opening local bank accounts and the invasion of personal financial privacy have already resulted in an unprecedented number of US expat citizens giving up their passports. According to the survey, 73 per cent of respondents admitted...
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

Are protests affecting the Hong Kong expat community

Expats in Hong Kong are now living through an unprecedented level of protests against China’s Communist rulers, but how is the seemingly unresolvable drama affecting the expat community? Started, as are many similar events worldwide, by local students and now spread to hundreds of thousands of Hong Kong citizens who value their island’s democratic basis, the protests are certainly making everyday life difficult for the city’s large expat community. Few Westerners are seen in the morass of people, but many are forming their own...
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’...
5 Sep at 6 PM 2014

Expat and UK resident investors slate life companies over LMIM losses

As lawyers in the UK and Australia prepare court cases on behalf of victims of the largest financial scandal to hit Australia in decades, many are accusing life companies of a lack of due diligence. The failure of LMIM and its Managed Performance Fund (MPF) has devastated savers and investors in expat locations such as Hong Kong, the UAE, Thailand and the rest of Southeast Asia as well as many in the UK, Europe and Australia. Total losses are running at around AU$369 million, and investors have been warned to expect no more than five...
6 Aug at 6 PM 2014

Annual report shows increase in expats and tourists needing passport assistance

The number of Britons living or visiting overseas who needed passport help during 2013 rose by around eight per cent, not taking into account the huge number of people affected by the massive passport processing backlog. The passport backlog itself caused the worst crisis for the British passport office in decades, with hundreds of thousands of unfulfilled applications stacked in boxes awaiting processing. Waiting times of up to and over four months caused ruined holidays, missed family occasions and disrupted business trips....
29 Jul at 6 PM 2014

UK government inquiry told EU wide misselling redress needed

As complaints against the mis-selling of financial products soars across European states, a UK Parliamentary enquiry has been advised that an EU-wide mechanism for consumer redress is badly needed. Although EU law on consumer protection has been updated since the 2008 crash, redress for consumers with mis-sold financial products has remained the responsibility of separate member states. At the present time, the UK Financial Ombudsman is handling a massive number of claims relating to both banks and FA firms accused of ignoring due...
13 Jun at 6 PM 2014

Expats warned to protect their savings as boiler room scammers are jailed

The two masterminds behind one of the biggest ever boiler room scams have been jailed for ripping off £millions from unwary investors. Jeffrey Revell-Reade and Anthony May were found guilty in a London court of conspiracy to defraud over a thousand investors. The total sum lost was estimated at around 70 million sterling, and sentences of eight and seven years respectively were handed down by the judge. The pair, based in Spain, ran a team of telephone salesmen targeting British pensioners using high-pressure sales techniques....
3 Jun at 6 PM 2014

New British passport renewal scheme causing expat chaos

Delays of up to three months are being experienced by British expats attempting to renew their passport under the recently adopted new scheme. Her Majesty’s Passport Office is warning that renewal and issuance of replacement passports will take far longer than under the old scheme. Formerly, passport renewals and replacements were handled by seven international processing centres, with waiting times of up to three weeks. The new rules state that all British passport renewals and replacements must be handled by the UK-based HM...