Expat Pension Transfer News

Latest 10 news items tagged Pension Transfer

29 Apr at 6 PM 2016

No escape from IRS for US expats

Since the coming of FATCA, any chance US expats had of minimising their contact with American bureaucracy has vanished. You can take the American out of America, but there’s no escaping the US taxman, wherever in the world you’ve hung your Stetson. It’s a common misconception that once you’ve brushed American dust off your cowboy boots, that’s all there is to it. Sadly, misconceptions can land you in boiling-hot water courtesy of your compulsory annual tax returns. Admittedly, the US of A is one of two countries ( the...
28 Apr at 6 PM 2016

Elderly British couple and son injured in drunken Thai attack

A vicious attack on a British pensioner couple and their son by a gang of Thai men took place during the Songkran festival in the upscale beach resort of Hua Hin. The popular resort of Hua Hin is best known as the summer residence of Thailand’s much-revered King, and is home to a good number of expat retirees as well as a tourist hub. A favourite time to visit is early April, with its traditional Songkran festival filling the streets with water-throwing revellers. For an elderly British couple and their son, however, their...
27 Apr at 6 PM 2016

Survey shows massive expat majority in support of Stay campaign

British expats able to vote in the upcoming Brexit referendum are overwhelmingly in favour of staying as part of the European Union. Global expat network Angloinfo’s survey results released earlier this week showed that almost three quarters of respondents intended to vote to stay. Just 20 per cent are in favour of leaving the EU, and seven per cent are still undecided as to how they will vote The study reached out to over 2,800 of Angloinfo’s user base of expats living in many countries across the world. Of those who were in...
25 Apr at 6 PM 2016

Survey finds expats do have more fun in the Philippines

The results of a recent survey place the Philippines high on the list of best expat destinations for romance, friendliness, language, personal happiness and cost of living. According to the InterNations Expat Insider survey, the reality of living in the Philippines confirms the country’s recent tourism soundbite ‘It’s more fun in the Philippines’. The Southeast Asian island archipelago scored high for personal happiness, friendly local people, cheap cost of living, personal finance, language and cost and availability of...
22 Apr at 6 PM 2016

Study shows majority of EU based expats have Brexit fears

A recent study has revealed that two thirds of UK expats living in European Union countries are concerned that Britain’s leaving the EU would have significant negative effects on their lives. The poll, carried out on behalf of an investment and financial advisory company, involved expatriates in France, Spain, Italy, Hungary, the Czech Republic and Germany. Just over two-thirds of respondents admitted they were anxious about the outcome Brexit, with 24 per cent unconcerned and eight per cent saying they did not know. According to...
21 Apr at 6 PM 2016

Dos and donts of a stress free expat life

The dream of a different lifestyle draws thousands of expats to foreign locations every year, but planning and research are essential to prevent the adventure turning into a nightmare. In today’s exceptionally mobile world, upping sticks and heading off into the wide blue yonder is a reality rather than just a dream for many. Expat life, especially in retirement, can be infinitely more enjoyable than staying forever in over-familiar surroundings. However, without a clear head, extensive research and planning ahead, the dream can...
19 Apr at 6 PM 2016

Retirees search for best bang for buck destinations

Discovering the best retirement bang for your pension bucks is a task many would-be expats need to do before they decide on their new country. For the average expat, the decision to leave the home country is based on many reasons, not the least being the need to stretch out a less-than-generous state pension and get a better lifestyle as a result. For those without private or occupational pension top-up or large sums in offshore banks, it’s a necessity. The internet is crawling with websites and local forums offering cost of...
15 Apr at 6 PM 2016

Cypriot government ignoring UK expats Brexit concerns

Brexit-related concerns of British expats living and working in Cyprus are being ignored by the island’s government. For many decades Cyprus has been a favourite with British expats, whether for retirement or for business, with an estimated 60,000 former UK residents living a life enhanced by sunshine, lower taxes and stunning surroundings. At least 12,000 are pensioners, with many more drawing nearer to pensionable age. Having survived the banking chaos and temporary freezing of their funds caused by the financial meltdown, Brit...
13 Apr at 6 PM 2016

Brexit could force inheritance chaos on expats

Should Britain vote to leave the EU, hundreds of thousands of UK expats living in EU member states could experience inheritance chaos due to anticipated changes in current EU rules. EU rulings aimed at the problem of inheritance in cross-border deaths address an average of 450,000 fatalities annually and an amount of around 120 billion euros. The UK, Denmark and Ireland opted out of the rulings, but British expats living in EU member states are still protected by laws allowing the issuance of a certificate of succession permitting...
13 Apr at 6 PM 2016

Expat buy to let mortgage demand still strong

In spite of new restrictions introduced by the government in March’s budget, the expat buy to let mortgage market is seeing increased demand for its products. Expats wishing to maintain a foothold in the British property market are now being offered a wider choice of buy to let mortgages. UK property prices are still climbing faster than the 2015 global average, making buy to let not only a source of regular income but also a good bet for capital increases. In order to increase their market share, new guys in the game Skipton...