Expat Pension Transfer News

Latest 10 news items tagged Pension Transfer

28 Feb at 6 PM 2017

Spanish real estate agents already feeling the Brexit pinch

With Article 50 not even triggered as yet, estate agents in Spain are already suffering Brexit doldrums. At least two years of painful negotiations are on the cards before the UK finally quits the European Union, but businesses reliant on British customers are already beginning to envisage a grim future. Amongst the worst affected are real estate agents in Spain’s expat hotspots, with many reporting a drastic fall in property sales since the June referendum. Two of the hardest hit provinces to date are the Costa del Sol’s...
27 Feb at 6 PM 2017

Expat adjustments after moving back home

Relocating to the UK after years in expatriate mode can be tricky but, whatever the reasons for returning, adjustment is no fun. Whether you’re returning to the UK at the end of a contract, giving up your expat lifestyle for family reasons or just missing the familiar, it’s essential to take steps to mitigate the shock of changes, both in yourself and in the home country. The remembered advantages of being on totally familiar ground are just that, memories, and much may have changed since you stepped on the plane on your way out....
23 Feb at 6 PM 2017

UK expats forced back home by Brexit may not have NHS coverage

British MPs have been told UK expat returnees post-Brexit may not be allowed immediate access to the National Health Service. Once Britain leaves the EU and cancels the reciprocal EU health scheme coverage, British pensioners may be forced to return to the UK but may not be entitled to immediate treatment via the National Health Service. A recent House of Commons hearing focused on UK retirees at present domiciled in France, all of whom are suffering anguish over the possibility of having to relocate to the home country. UK citizens,...
23 Feb at 6 PM 2017

Cambridge University database to inform UK expats on Brexit progress

As a much-needed response to confusing media coverage and the lack of concrete information from the UK government, Cambridge University researchers are creating a factual information database aimed at keeping UK expats in the EU informed about the Brexit process. The new initiative will contain reliable and timely information in order to prevent UK expats making the wrong choices for their futures after Britain leaves the EU. It will be primarily aimed at retirees, small business owners, students and families living in EU member...
21 Feb at 6 PM 2017

Multiple reports claim post Brexit expats legal status a mess

As the legal problems facing UK and EU expats after Brexit become more acute, multiple media reports suggest the British government will face huge headaches. UK citizens living in EU member states as well as EU nationals in Britain are due to be mired in a terrifying legal quagmire as regards their rights, according to the Financial Times. The comment was quoted as coming from an anonymous senior Brexit negotiator, and brings into focus the UK’s need to agree a policy covering every issue from the rights of British-born children of...
20 Feb at 6 PM 2017

Spanish PM believes UK expat rights can be preserved

In spite of May’s January rebuttal by EU leaders over UK expat rights, the Spanish Prime Minister still believes a deal to protect Britons wishing to remain in the country post-Brexit can be achieved. Following last week’s report that Spain is luring wealthy expats with generous deals in the hope the revenue will make up for the loss of thousands of Brit expats, the country’s PM Mariano Rajoy now believes a deal protecting expatriates' rights can be done. Spain, it would seem, would like to ‘have its cake and eat it’, a...
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...
15 Feb at 6 PM 2017

Portugal named top of world retirement hubs

Already a favourite holiday and relocation destination for the British, Portugal has been named as the top retirement hub on the planet for three years running. Well-known expat relocation website Live and Invest Overseas considers the attractions of the country to be the perfect draw for retirees, especially single women. The Algarve is favourite for its large, long-established and welcoming expat community, and the country as a whole is the safest in Europe and one of the least dangerous in the entire world. In centuries...
13 Feb at 6 PM 2017

Costa Blanca expats meet with British Consul over Brexit

British Consul Sarah-Jane Morris has been touring locations across Spain in an attempt to keep worried Uk expats informed about Brexit. At a meeting in Playa Flamenca Town Hall, Morris did her best to reassure concerned British nationals. but admitted there is much she doesn't know as yet about the progress of Brexit negotiations and their effect on UK expats living in Spain. Formerly, she had promised she would keep those affected as informed about development as was possible. According to the Consul, those working on Brexit...
10 Feb at 6 PM 2017

Financial mistakes to avoid when emigrating

Moving overseas, whether it’s for a new job or retirement, is challenging at best and terrifying at worst, but care and common sense can make sure financial errors don’t ruin the entire experience. The majority of those intending to stay overseas for a good while are stuck with the necessity of packing and shipping their personal belongings.The obvious way out of this stressful do-it-yourself trap is to use a professional company which takes care of everything on a door-to-door basis, even although the service isn’t cheap....