Expat Property Abroad News

Latest 10 news items tagged Property Abroad

23 Nov at 2 PM 2014

Expat Book: Lisa Sadleir and Moving to Spain With Children

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

UK mafia gangs investing in property purchase scams in Thailand

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

Expat landlords warned to beware of online subletting fraud

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

Hidden financial and legal hurdles cause most expat stress

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

Harlequin pension saver victims hit with financial double whammy

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

Is investing in the Chinese property market the way to go

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. Although...
17 Oct at 6 PM 2014

Female expat in Spain accused of property fraud still on the run

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 scam. 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 fraud. Wells...
15 Oct at 10 AM 2014

UK FCA sets up website to help investors identify financial scams

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....
14 Oct at 6 PM 2014

Portugal the ideal destination for expat retirees

The search for the perfect overseas retirement haven is crucial to many retirees’ plans for the future, and involves finding a dream home in a sunny, friendly environment such as Portugal’s romantic Algarve region. Known for several decades by literally thousands of UK expats as a great place to live, a recent survey has identified the Algarve as an all-time favourite. Its medieval cities, coastal fishing villages and small towns, local markets, delicious food and wine and warm weather are all topped off by friendly, established...
14 Oct at 6 PM 2014

Soaring cost of living in Singapore impacting expat salary increases

In spite of the high salaries paid to expats living and working in the popular city-state of Singapore, rampant inflation is smashing down on even the most generous pay rises. The results of a survey by Standard Life indicate that the vast majority of expats believe their salaries are unable to catch up with the city’s soaring cost of living increases. Although most of those surveyed said they were earning far more and saving more than in their home countries, 50 per cent complained that they needed further salary increases to keep...