Expat Italy News

Latest 10 news items tagged Italy

14 Oct at 6 PM 2014

Which country gives the best returns for expat property investors

The international real estate sector has traditionally been a favourite with expat property investors, but it’s anyone’s guess which locations will perform best over the long term. Over the past year, the UK housing market has seen soaring gains, with many expat investors eager to cash in on buy-to-let opportunities before they are priced out of the market. As the year draws to a close, many are finding they can’t afford properties in areas already saturated with foreign buyers, and are looking overseas to find the next hotspot....
23 Sep at 6 PM 2014

Spanish tax man hits out at expats with Gibraltar properties

British expats living in Spain who also own property in the British offshore financial hub of Gibraltar are being targeted by the Spanish tax authorities. The sovereignty of the famous Rock of Gibraltar has long been a thorn in the side of Spain, although Britain has managed to hang onto it for several centuries. Spanish finance minister Cristobal Montoro is claiming that 22,000 Gibraltar-registered companies and at least 6,000 expat property owners on the Rock are using Spanish public services but paying almost no tax. According...
14 Aug at 6 PM 2014

Are UK expats giving up on La Dolce Vita

Since the heady days of the 1930s, Rome and Italy have been favourites for expats searching for history, beauty and fantastic food and wine. Living the dream in an Italian coastal resort or the wine regions of Tuscany has been the ambition of many Brits as they approach retirement age. Many have made the dream come true, but is it fading due to the effects of the 2008 financial crisis? Italy is now in its third recession since 2008, with its GDP falling, unemployment still on the rise and net trade sliding further into negative...
15 Jul at 6 PM 2014

Number of Britons living overseas soars to over five million

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...
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...
1 May at 6 PM 2014

MERS coronavirus threatens expats and pilgrims in Saudi

UK health experts are warning business travellers, expats and Haj or Umrah pilgrims to take seriously the threat of infection with the often fatal MERS coronavirus. Over 100 of those infected in Saudi Arabia have already died, and the virus has spread via air travel to a number of European countries including the UK and Italy as well as to Malaysia. The World Health Organisation is warning expats working in the kingdom as well as pilgrims and other visitors, stressing the need for preventative measures as well as an understanding of...
30 Apr at 6 PM 2014

Expat exodus causes further falls in Spanish property prices

With the Spanish economy in chaos and property prices still falling, is this really the best time for expats to leave the country? The UK media is having a field day reporting the end of the expat dream in Spain and the continuing crash in its property prices, but is now the best time to return to the UK or should expats hang on in there and wait for a minor miracle. Retirees with occupational pensions as well as the UK state handout may be able to wait it out, but for those below pensionable age needing to work, it’s another...
17 Apr at 6 PM 2014

Former Dubai expats plan trip down memory lane

Expats who helped build the businesses which brought Dubai from a desert oasis to its present cosmopolitan luxury and wealth are hoping to revisit the city by invitation. Those working in Dubai during its transformation still hold fond memories of simpler times including romantic camping trips into the desert, and have formed a Facebook group to share their memories. The group, The Good Old Days, now numbers over 5,000 retirees, all of whom were living in the emirate in 1980s and having the time of their lives. The forerunners of...