Expat Property Abroad News
Latest 10 news items tagged Property Abroad
16 Dec at 3 PM 2014
A shortage of housing in the Qatari capital Doha means expats will have to pay higher rent prices than they would do in other Gulf states, according to a recent study by global real estate
company Colliers International.
The fact the city has such a shortage has resulted in the cost of rent soaring to unprecedented levels – a rise of 14 per cent this year alone. And things are unlikely to get better for expats on Doha any time soon as the shortage is predicted to go on for at least four years.
The average expat in Doha - not...
5 Dec at 10 AM 2014
Brits working abroad received some good news on Thursday after it was revealed that they would still be allowed to claim their personal tax allowance.
Chancellor George Osborne said in March during his budget statement that the only people who may be able to retain their personal allowances in the future would be non-residents with strong economic ties to the UK, meaning how much income they could earn in the UK from a property
or a pension before tax had to be paid.
For the tax year of 2014/15, that level was at £10,000 per...
23 Nov at 2 PM 2014
We're thrilled to announce that Lisa Sadlier, winner of our Education and Integration Schools blogging competition, has just had her first book published. Congrats Lisa! So if you are thinking about moving to Spain with with your kids, check out "Moving to Spain with children" and, once you're there, start blogging and join our thriving community!
<h3>Moving to Spain with Children, by Lisa Sadleir.</h3>
If you search online you will find a multitude of books about Spain; books set in spain; books about: moving...
10 Nov at 6 PM 2014
For decades, tropical Thailand has been a retirement haven for UK expats for its cheap cost of living and year-round sunshine, but buying a condo has always been a risky business.
It’s not just the government rules on the purchase of property
by foreigners which can ruin the dream, it’s the continuing off-plan property
scams perpetrated by dishonest expat developers. The latest to emerge involves a condo block in Pattaya’s Jomtien district – or it would be in Jomtien if it had been built!
More than 100 would-be expats have...
6 Nov at 6 PM 2014
As if expat buy-to-let landlords with UK properties don’t have enough problems, this latest online scam could prove to be the last straw.
The scam is aimed at landlords who advertise their properties online, and is at present targeting the AirBnB website. Fraudsters rent a property
for a few days or weeks, then advertise it on other letting sites, interviewing prospective tenants and taking huge deposits before disappearing with the cash.
One luxury Kensington apartment was let via AirBnB to a UK-based group of scammers for...
6 Nov at 6 PM 2014
A recently released survey warns that would-be expats seeking a new life overseas should watch out for hidden hurdles such as tax and currency issues or unfamiliar legalities.
Up to 400,000 Brits emigrate every year, with most citing a more relaxed lifestyle as a major reason for their life-changing decision. However, the survey revealed that it’s not the most alien destinations as regards language and culture which cause the most stress – it’s mostly all-time favourite English-speaking countries such as Australia and the...
4 Nov at 6 PM 2014
Scammed retirement savers whose cash was lost in the Harlequin property
crash are now facing up to ten years’ continuing charges by their pension providers.
Affected investors who were persuaded to take out QROPS and SIPPS-wrapped products have not only lost every penny of their savings, but are being charged £500 per annum by the pension providers themselves. Ostensibly referred to as management charges, the totals taken by providers will add some £17 million to the estimated losses.
Thousands of pension savers are affected,...
28 Oct at 6 PM 2014
China’s increasing popularity for an overseas career move gives rise to the question of investing in its property
market for expats fortunate enough to have secured long-term employment
Rumours that real estate
in China is heading for a US-style meltdown are giving would-be expat property
investors cause for concern but, as with almost everything in the massive country, there’s more to the real estate
market than meets the eye. The much-publicised ‘ghost cities’ aren’t the entire supply and demand story here.
17 Oct at 6 PM 2014
Whilst most expat attention nowadays is focused on how to avoid financial fraud, a British expat is on the run in Spain after being accused of a long-term rental property
Many expats don’t realise that life in paradise can swiftly turn to life in hell, often with the assistance of seemingly trustworthy business people from their own home country. Rebecca Wells, a keen horserider from the UK, provides a perfect example of the kind of helper no-one needs, having gone on the run after being accused of property
15 Oct at 10 AM 2014
As part of yet another warning against financial scammers, the UK’s Financial Conduct Authority has set up their Scamsmart website in order to help unwary investors identify cold-calling fraudsters
The website was developed using monies recovered from the criminal element operating within the financial advice sector, and concentrates mainly on cold-calling by fraudulent FAs. Online redirections send investors to the authority’s scam alert list of dodgy operators of cloned companies and unregistered advisors with a murky history....