Expat Living Abroad News

Latest 10 news items tagged Living Abroad

17 Apr at 6 PM 2018

Data debunks myth of Spain as elderly expat retirement haven

Contrary to the widely-held belief that Brit expat communities in Europe mostly contain retirees, statistics suggest two-thirds of UK expatriates are below retirement age. Recently-released data from the UK’s Office for National Statistics shows 66 per cent of the estimated 784,900 Britons living in Europe are between the ages of 64 and 15, with more living in Spain than in any other EU member state. In addition, the data shows Spain is home to 293,500 long-term British expatriates, and the UK has fewer emigrants living In Europe...
26 Feb at 6 PM 2018

UK expats votes for life bill moves to second stage

The private members’ bill aimed at reversing the hated 15-year disenfranchisement of British expat voters has passed its first hurdle. Friday’s debate saw the bill debated as required, with Conservative MP Sir Roger Gale suggesting it should be known as ‘Shindlers Bill’, in honour of the Italy-based, now 96-year old WWII veteran who has campaigned for decades to get the law reversed. Only 20 MPs turned up for the debate, but the low turn-out was enough to ensure the bill was passed through to the committee stage for detailed...
12 Feb at 6 PM 2018

British government vows to give long term UK expats the right to vote

A press release from Westminster seems to confirm the government is now resigned to lifting the hated 15-year disenfranchisement rule for long-stay UK expats living overseas. British expats unable to vote Remain in the Brexit referendum due to the ban could well be forgiven for believing the vow is just another promise to be relayed or broken at a later date. However, the press releases stated ‘all those living abroad will be enfranchised to vote'. Under existing laws, it adds, voter registration of British expats is the lowest of...
4 Jan at 6 PM 2018

British expat pensioners claiming unlawful annual increases under threat by UK government

One of the British government’s new year resolutions is likely to make 2018 a very bad year for UK expat pensioners claiming annual pension increases whilst living in ‘frozen pension’ countries. Some 550,000 British state pensioners are living abroad, with the government now planning a crackdown on those claiming annual cost of living increases to which they are not entitled. Those proven to be claiming the winter fuel allowance whilst living in a ‘frozen pension’ country are also to be investigated. Countries where the...
25 Sep at 6 PM 2017

Expats advised to research natural disasters when choosing retirement destinations

Following the devastation caused to popular Caribbean retirement destinations, expats are being advised to research natural disasters in their preferred region. Near-retirees who’d almost decided on a relaxing life on a beautiful Caribbean island are being forced to reconsider after two mega-hurricanes struck the region. Hurricanes Irma and Maria haven’t just wrecked the lives and businesses of an untold number of residents, they’ve also killed the dreams of an equally untold number of would-be expat retirees. It wasn’t...
9 Jun at 6 PM 2017

Study shows UK expat professionals happy to stay overseas

A recent study has revealed only one in every 10 British expats living overseas has any serious intention of returning to the home country. The survey’s results showed the majority of expatriate Britons had made the decision to leave due to relocation by their company or the desire to start a business overseas. No mention was made of the hundreds of thousands of retirees who left for a better quality of life in a warmer country, very few of whom, it would seem, have any intention of returning to a post-Brexit world. Respondents...
2 Jun at 6 PM 2017

Brit expats at risk of undeclared cash tax penalties

As a result of a new global transparency drive, financial data related to British citizens living overseas is to be sent to HM Revenue and Customs by world financial centres. HMRC is preparing to receive the data this week as part of a coordinated global attempt to crack down on tax evaders, but innocent British nationals living abroad with no intention of avoiding tax may well be caught up as a result. Many thousands of expats holding undeclared savings accounts may find themselves being issued with penalty notices once their details...
18 May at 6 PM 2017

How Brexit will affect finances for Brits overseas

With so much uncertainty as regards the Brexit effect on freedom to live and work in the EU, a shift of expat focus to the financial consequences of a hard deal can at least help with contingency plans. Basically, the major effect on expat finances is certain to be the fate of sterling once Brexit becomes an uncomfortable reality. If you’re planning to return to the UK, exchange rates will make no difference to your monthly state pension, but if you’re determined to stick it out in Europe by whatever means necessary or are...
10 May at 6 PM 2017

Survey reveals majority of Brit expats determined to stay put

As the UK digs itself ever deeper into the hole of a hard Brexit, a small survey by a financial services company has revealed a distinct lack of British expat enthusiasm for ever returning to the home country. The survey, although clearly initiated for marketing purposes, stated that out of the small number of 808 expat respondents, 70 per cent said they had no intention of ever com9ng back to Britain, whilst 21 per cent said they might consider the possibility and just 10 per cent said they would return eventually. Another result...
3 May at 6 PM 2017

Wealthy Brit expats can buy out of Brexit uncertainty

As the chance of finding a fair and just solution for UK expats in EU member states recedes still further, those with enough spare cash can make sure they're sitting pretty via a Golden Visa. As with much in the UK, Golden Visas are for the wealthy and are unobtainable due to their cost for the average British state pensioner who’s chosen to live abroad for economic reasons. As the reality of Brexit begins to dawn, those with gold-plated pensions and money in the bank will be able to choose between five already popular expat...