Expat Moving News

Latest 10 news items tagged Moving

19 Dec at 6 PM 2016

Do expats really need offshore accounts

Even if you’ve banked with the same high-street name for decades, your banking rights as an expat might change, making you wish you’d opened an offshore account. If you’re moving to a country with unfamiliar or possibly less secure or efficient banking facilities, leaving your money in your home country bank account is an attractive option, but might cause problems down the line. For example, recent moves by British banks to close expat accounts have caused chaos, and UK banks have strict and very inconvenient rules about...
15 Dec at 6 PM 2016

UAE expat investors to benefit from ban on upfront commissions

Expats working in the UAE are expected to benefit from the emirates’ insurance regulator’s decision to ban up-front indemnity commissions taken by financial advisors working within the expat sector. The regulator’s decision was taken in order to align the industry with jurisdictions such as the UK and Hong Kong, whose regulations have been changing over the past several years to facilitate the phasing out of upfront commissions. The moves are understood to be the result of a huge number of reported financial mis-selling and...
13 Dec at 6 PM 2016

Where in France is best for British expats

France has long been a popular destination for British expats looking for a new life, but where are the most popular areas for property purchases? A recent snapshot of the most popular French regions with Britons looking to buy homes showed the coastal areas south of Normandy, the Rhone-Alpes and the far south eastern coastline as holding the most appeal. The number of British home-buyers heading for France during 2014 and 2015 rose by a huge 29 per cent over previous years, and is expected to be even higher this year. The...
5 Dec at 6 PM 2016

Making a success of expat life

Leaving your home country to become an expat isn’t just about shipping yourself, your goods and your family to a new country, nor is it just about jobs and visas. Moving overseas, whether for retirement, career advancement or simply a much-needed lifestyle change take months of research and planning, but the story doesn’t end once you’ve boarded the plane. Even if you’ve successfully ticked all the practical boxes, you may not have realised the subtle adjustments necessary to get through your first few months in a strange...
1 Dec at 6 PM 2016

Study shows culture shock affects expat health and wellbeing

Would-be expats are underestimating the effect of culture shock on their physical and emotional wellbeing. The popular perception of relocating overseas is that moving to a totally different environment and taking on a new job and lifestyle is an exciting adventure. However, a new study has revealed culture shock is a very real threat to the average expat’s physical and mental wellbeing. According to research undertaken by an international health insurance provider, the stress of finding a new job, suitable housing and getting...
23 Nov at 6 PM 2016

Expats relocating to Qatar get extended time for residency permits

A law passed last October giving foreigners extra time to process residency permits is due to come into force on December 3. The new sponsorship law is expected to make the lives of foreigners arriving in the emirate less stressful, as it extends the time allowed for arranging residency permits from seven days to 30 days. The same extension will apply to departure, residence and sponsorship. It’s also expected the extension will make changing jobs or leaving the emirate more straightforward. However, the ruling has been received...
21 Nov at 6 PM 2016

Advice for expat Brits on letting their Spanish property

British retirees in Spain are no clearer about their futures five months after the Brexit vote turned their lives upside down, but some may be considering moving back home after renting out their Spanish properties. As the myriad controversies surrounding Brexit continue, stress as regards the right to remain felt by UK retirees at present living in Spain is increasing exponentially. After the recent news that the Spanish property market is reviving in popularity, some may well be considering returning to the UK after letting their...
18 Nov at 6 PM 2016

Kuwait to tax expat remittances and companies

New reforms due to be presented to the Kuwaiti government are reputed to include taxing expat remittances and foreign companies, privatisation and other austerity measures. According to local media, the government is fully aware the new measures will attract protests and strong opposition from businesses, expats and others affected by the changes. The reforms will be presented to the emirate’s new government when it convenes later this month. High on the list will be privatisation of the healthcare and education sectors, with...
10 Nov at 6 PM 2016

Dismayed US expats in London compare Trump victory to Brexit

US citizens working and living in London are horrified for the second time this year as Trump’s election follows on the Brexit vote. As if June’s shocking vote in favour of Brexit wasn’t enough to scare US expats working in London, Trump’s unbelievable win has plunged the community into terminal depression. Many are remembering Theresa May’s cryptic comment that those who believe they’re citizens of the world are citizens of nowhere. The American expat community is at the heart of cosmopolitan London, one of the world’s...
8 Nov at 6 PM 2016

American expats fear violence during and after election

As the polls open across the USA, American expats in Canada fear the day will end in violence no matter who wins. The world is watching in trepidation for any indication that sanity will be the winner in the race for the White House, with US expats in Canada bracing themselves for a violent outcome. Misinformation, disinformation and downright lies are being discussed by US expats in Canadian cities as Americans line up outside polling stations across the divided nation. One former Texas resident fears the worst, citing Trump’s...