Expat Ireland News
Latest 10 news items tagged Ireland
2 Sep at 6 PM 2014
Offshore bank accounts give convenient access to regular or emergency cash, but how many depositors know how much of their savings are protected?
Migration planning for would-be expats often includes opening an offshore bank account for access to pension payments transferred from onshore accounts. The option may become even more popular due to recent UK high street bank crackdowns on accounts held by UK citizens living permanently overseas.
However, given the ongoing instability in the financial world, just how safe is your money...
15 Jul at 6 PM 2014
According to a report by the United Nations, well over five million British citizens have emigrated for reasons of work, retirement or general dissatisfaction with the state of their home country.
Since 1990, the number of British-born migrants has increased by 23 per cent, with the majority of those leaving heading for sunnier climes. Australia is the all-time favourite destination, now home to some 1.27 million former British residents.
America is the next most popular place for immigration, with 758,919 Brits in residence, and...
23 May at 6 PM 2014
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...
24 Feb at 6 PM 2014
A recent league table rating 223 global cities for their expat quality of life has placed Dublin at no. 34, with European cities continuing to dominate the ratings.
Unsurprisingly, the result of the survey, carried out by international consultancy firm Mercers, showed European world cities at the top of the list, with Vienna coming in at first place. Zurich, Munich, Frankfurt and Dusseldorf all made it into the top ten.
The report was the result of an analysis of 39 factors deemed essential by expats, ranking the cities based on the...
10 Feb at 6 PM 2014
With UK interest rates still at a miserable level and US stocks struggling since the start of 2014, investments in emerging markets may be tempting may expat investors.
Investing in overseas emerging markets was expected to increase after the turn of the year, but the sector has taken a beating for a number of good reasons. Tepid economies, inflation, high debt to GDB ratios and increasing political turmoil have all taken their toll on formerly optimistic projections.
China, the new power behind the global economy, has reported a...
8 Jan at 6 PM 2014
A free movement visa valid for travel between all six Gulf states is expected to be rolled out by the middle of 2014.
The Gulf Co-operation Council is ironing out details of the visa, based on the European Union Schengen scheme which allows holders of its visa free movement across all member states except Ireland
and the UK. The aim of the visa is to make travel between Saudi, the UAE, Bahrain, Kuwait, Qatar and Oman far easier by cutting out unnecessary red tape.
The visa will be available to expat business people and tourists...
1 Jan at 6 PM 2014
The European Parliament elections in the UK are due to take place on 22 May 2014, with the Electoral Commission campaign aimed at encouraging expats in Europe to vote.
Provided they are registered as overseas voters, have not been out of the UK for more than 15 years and are not registered to vote in the member state where they are domiciled, expats are entitled to vote. However, only a relatively small percentage are actually registered to do so in the UK.
According to Rosemary Davenport, speaking for the Electoral Commission,...
26 Dec at 6 PM 2013
In his Christmas address, the Archbishop of Dublin, Irish Catholicism’s senior prelate, has urged the government to create more jobs for the young.
Dr Diarmuid Martin included both coalition parties in his request, saying that job creation measures are the only way to stop the rush to emigrate amongst Ireland
’s youth. Families, he said, are preparing for Christmas sadly aware that there’s an empty chair at the table.
During a media interview, Dr Martin told reporters that Irish society as a whole was right to grieve for its...
2 Dec at 6 PM 2013
The health sector in Ireland
is in a poor state, having lost many of its professionals to the lure of emigration, and those who have left are unlikely to want to return.
A recent study by researchers at University College Cork has revealed that almost half of those who have emigrated since the economic crisis hit home were in full-time employment. The results suggest that the tough budgets put in place since the crash have been as responsible as has high unemployment for the present Diaspora.
Severe cutbacks in funding have made...
3 Sep at 6 PM 2013
Expats with funds in British banks or their offshore arms are facing a double whammy as banks dump non-profitable customers and close down overseas branches.
In a disturbing development, thousands of longstanding, loyal customers of British banks, many of whom are now pensioners living overseas, are being dumped without explanation. At the same time, the same banks are busily closing down their offshore branches, leaving many expats with nowhere to turn.
Every year, several thousand long-term customers of UK banks receive letters...