Expat New Zealand News

Latest 10 news items tagged New Zealand

20 Apr at 6 PM 2017

Buying a home as an expat in Australia

Australia has been a favourite destination for expats for many decades, with a good number enjoying the lifestyle so much they decide to put down roots by buying a home. For expats considering the commitment of a property purchase, the first thing to remember is that foreign nationals do not have the automatic right to buy a home unless they are married to an Australian national, already have permanent residence or are New Zealanders on a special category visa. Expatriates to whom these exceptions don’t apply will need to apply for...
13 Apr at 6 PM 2017

Brit expats trapped in pensioner poverty due to sterling fall and frozen pensions

Britons who decided to retire overseas and live in modest comfort with the help of their UK state pensions are now facing a poverty-stricken future as a result of the frozen pension rules and Brexit’s effect on sterling. Living with the knowledge that one’s life savings will soon run out, one’s pension payments are shrinking due to the fall in sterling and there’s no hope of repeal for the frozen pension rule isn’t what many UK retirees expected would happen within their lifetimes. However careful their planning, the present...
10 Apr at 6 PM 2017

Hong Kong expats relocating from hi-so districts due to soaring rentals

Soaring real estate prices in Hong Kong’s traditional expat areas are spurring moves to less expensive districts. The traditionally favourite enclaves for the expat community in Hong Kong including Mid-Levels, Discovery Bay, the Peak and Southern District are now no longer affordable for the bulk of foreigners working in the island city. Nowadays, Hong Kong is the most expensive destination in Asia for high-end apartment rentals and, although salaries are still high, many expats are moving to more affordable, less expat-oriented...
29 Mar at 6 PM 2017

Australia forced out of top ten expat hubs in shock survey result

After years of being placed in the top ten expat worker destinations, Australia’s star is fading fast due to the country’s excessively laid-back ambience. The latest edition of HSBC Bank’s popular Expat Explorer survey relegated Australia to 11th place as a destination for expat professionals eager to further their careers as well as enjoying the continent’s famous outdoor lifestyle. Surprisingly, respondents felt the well-known Aussie trait of ‘it’ll be all right’ is deemed unsuitable nowadays by the obsessively career...
23 Mar at 6 PM 2017

Expats arriving in the UK now being advised to take out private health insurance

In spite of the looming effects of Brexit, the UK is still a popular destination for expat professionals from outside the European Union. Although the number of EU nationals headingto the UK to further their careers may soon reverse itself as most are forced to pack up and leave post-Brexit, the country is expected to still be open to workers from across the world, provided they qualify for visas. However, one common misconception about Britain is that heathcare is free and amongst the best in the world, thus voiding the need for...
17 Feb at 6 PM 2017

UK expat frozen pensions still under fire in Australia

In spite of many legal and political knock-backs, the fight against the British government’s stance on frozen pensions is still alive and kicking in Australia. The disgrace of frozen pensions has continued over many years, with many thousands of elderly UK long-stay expats living overseas being forced into increasing poverty by the rule. Currency fluctuations make matters worse, as a heavy fall in sterling can mean the difference between just getting by and being unable to support even the most basic lifestyle. Often, UK pensioners...
2 Feb at 6 PM 2017

Irish construction boom prompts pleas for expat workers to return home

Following its forecast of a building boom between now and 2020, the Irish Construction Industry Federation (CIF) is urging expat construction workers to return. During the 2008 financial crash, Ireland saw a mass migration of teachers, medical staff and construction workers seeking new jobs, new lives and higher wages in destinations across the world. New Zealand was a favourite for construction professionals, especially during the still-ongoing rebuild of Christchurch after the devastating earthquake in 2011. The CIF’s...
2 Feb at 6 PM 2017

Safety a priority for expat families overseas

Would-be expat professionals researching suitable countries for family life invariably put personal security and safety at the top of their requirements lists. When moving overseas to take up a new job involves taking the family along, it’s essential to consider personal safety and security as a top priority. In today’s increasingly unstable world, the task of ensuring loved ones are protected from threats of all kinds is challenging. The results of regular expat surveys such as the latest InterNations offering are made up of...
30 Jan at 6 PM 2017

New Zealand is favourite for footloose US citizens

New Zealand’s spectacular natural beauty is tempting would-be expatriates to leave the USA and change their lives. Spurred on by Silicone Valley billionaire Peter Thiel’s decision to become a Kiwi citizen after purchasing a magnificent lakeside estate, Americans who dislike the way their country seems to be heading are upping sticks and journeying to the other side of the world. The World Bank rating of New Zealand above Singapore as regards ease of doing business is another reason for the increase in enquiries, and Transparency...
13 Jan at 6 PM 2017

Can UK expats rely on state pension to cover bills

The UK state pension is one the most ungenerous in the developed world, forcing many British retirees to relocate in order to take advantage of lower costs of living elsewhere in Europe or Asia. Taking into account that UK pensions are frozen unless the relocation is to countries whose governments have an agreement with the UK, even those who move to cheaper EU destinations can find it hard to manage due to currency fluctuations. Even so, for many expats, the UK retirement pension forms the majority of their retirement...