Expat Pension Transfer News

Latest 10 news items tagged Pension Transfer

18 Apr at 6 PM 2018

Spanish Banco Sabadell refuses storm damage insurance payment to Brit pensioner

A British pensioner living in Malaga’s Alhaurin el Grande has been refused an insurance payment for her storm-damaged gate. British expats moving to Mediterranean retirement hubs are often concerned about the reputations of European insurance companies, whether for health, home coverage or life insurance. There’s the language problem to be dealt with, and making a claim is often a nightmare for elderly expats. Even using insurers linked to or recommended by a local bank can go wrong, as 80-year old Sylvia Rush found when her gates...
11 Apr at 6 PM 2018

Thai property developers competing to provide sheltered complexes for elderly expats

Thailand has been a popular retirement destination for some years, attracting Western expats from the USA and UK as well as from other first world countries. As with a good number of other world countries, Thailand is an ageing society due mainly to a huge fall in birth rates. It’s also an increasingly favoured destination for elderly expats looking for warm weather, good service and a reasonable cost of living. Healthcare is important, with private hospitals setting up to deal with the demand from both expat retirees and the ageing...
6 Apr at 6 PM 2018

Expat professional women at risk of poverty in retirement

The gender gap doesn’t just apply to top wage levels but continues to ensure a great many expat professional women will be faced with poverty when they retire. Recent media coverage of the salary gap between top-ranking women and their male counterparts misses out on one result – the differential guarantees women retirees will be living on far less than men with the same qualifications and experience who’ve worked in the same jobs. In fact, women are at far greater risk of being impoverished in retirement by a factor of between...
2 Apr at 6 PM 2018

UAE expat good conduct certificate suspended due to chaos

Due to confusion about its rules, the UAE’s controversial good-conduct certificate law is now suspended for an indefinite period. Much to the relief of newly-arrived expats and those changing jobs, the bureaucratic chaos following the introduction of the good conduct certificate law is over for at least a while. The suspension of the new law, introduced at the beginning February, forced all arrivals in the emirates to produce a police certificate from their home country stating the bearer has no convictions or criminal history. The...
28 Mar at 6 PM 2018

Charges for British passport renewals increase today

Costs to expats of passport renewals are to increase by inflation, but UK residents will see much higher charges. Taking British expats in France as an example, renewals will now be £105.86 with the price including secure delivery by courier, an increase of a little under three per cent over the previous cost of £102.86. Despite the increase on the already high charge for the service, some UK-resident citizens will be forced to pay increases of up to 27 per cent. A recent move to encourage Britons to order their replacement passports...
19 Mar at 6 PM 2018

Taxation without representation for long term British expats overseas

According to British lawmakers in favour of the private members’ bill, long-stay UK expats are now the ‘great disenfranchised’. Expats from any world country except the UK who’ve settled down elsewhere on the planet bring with them the right to vote in elections and referendums back home, and the majority still have family and friends with whom they stay in touch. Expat Brits, however strong their attachment to the UK may be, are disallowed from making their voices heard after they’ve been away for 15 years. Anger over the...
15 Mar at 6 PM 2018

Cryptocurrencies win support from China and Russia

Expats pinning their financial hopes on digital currencies can take some encouragement from China and Russia’s begrudging acceptance of the online money. Expatriates eager to invest in cryptocurrencies in spite of their unregulated volatility may have been offered some slight reassurance by Russia and China’s take on the wildly fluctuating crypto-coins. China, the planet’s second largest economy, was the first to comment via its central bank, saying an eventual move to a true digital economy is inevitable although policy makers...
13 Mar at 6 PM 2018

Thailand extends Pattaya pubs darts ban nationwide

January’s ban on the popular game of darts being played in Pattaya has now been extended to cover the entire country. Expats enjoying a night out along with a game of darts in several of Pattaya’s bars-cum-pubs were horrified last month when local police stormed in and confiscated the dart boards. The reason given was that a permit was needed before the traditional British game could take place. Unfortunately, no-one, the police included, had any idea where to locate such a permit nor much idea why darts should be considered a...
9 Mar at 6 PM 2018

Surprise parliamentary debate on EU citizenship for UK expats

Following a call from Plaid Cymru, Britain’s Welsh nationalist party, a parliamentary debate on EU citizenship for UK expats is taking place. The minority political party believes the UK’s Brexit negotiators should include the proposal in future talks, thus allowing Britons living in EU member states to have at least a chance of retaining their European citizenship and its associated rights. Plaid Cymru has also launched a petition on the topic which explains the reasons why their demand is relevant to expats’ futures in their...
5 Mar at 6 PM 2018

Unanswered Brexit financial questions still worrying Brit expats in EU

Putting aside the problems of getting residency for long-stay British expats in EU member states, it’s the continuing financial uncertainty that’s causing increasing concern. It’s almost unbelievable that almost 20 months have passed by without any real clarification of the rights of both EU and UK expats, leaving just 16 months for negotiators to come up with concrete, acceptable proposals to safeguard the lives of the millions caught up in the chaos. Even now, the effect of the referendum on the value of sterling has caused...