Expat South Africa News

Latest 10 news items tagged South Africa

17 Jan at 6 PM 2017

Nationwide International closure narrows expats offshore bank choice

Nationwide International, the offshore branch of the well-known high street chain, will close some time in the summer. The closure of the offshore bank is certain to hit thousands of expats, as the brand is popular with retirees living overseas as well as expat workers. Shutting down of customer accounts is already in progress, giving account holders little time to find alternative offshore banking facilities. According to a spokesperson for the bank, a number of factors were taken into account, which left closure as the best...
13 Jan at 6 PM 2017

Can UK expats rely on state pension to cover bills

The UK state pension is one the most ungenerous in the developed world, forcing many British retirees to relocate in order to take advantage of lower costs of living elsewhere in Europe or Asia. Taking into account that UK pensions are frozen unless the relocation is to countries whose governments have an agreement with the UK, even those who move to cheaper EU destinations can find it hard to manage due to currency fluctuations. Even so, for many expats, the UK retirement pension forms the majority of their retirement...
9 Jan at 6 PM 2017

Expats and retirees paid in sterling feel exchange rate pinch

The shocking decline in the value of the pound sterling against major currencies is hitting UK expat pensioners as well as expats working overseas and being paid in sterling. The majority of UK expats are either retirees drawing pensions originating in the UK or professionals working on overseas contracts including sterling payments. Both groups are now being hard hit by the pound’s spectacular fall against a basket of major currencies. Overall, the currency has dropped 11 per cent over the last two years, but its fall post-Brexit...
28 Dec at 6 PM 2016

Costa floods contaminate expat water supplies

The recent once-in-a-lifetime floods in Spain’s Costa del Sol have left the expat community in danger due to sewage contamination of the water supply. Heavy rain battered the popular Alicante area for four straight days, with flooded rivers inundating residential districts and destroying many homes. As communities struggled to recover, the local water authorities discovered sewage contamination in the water supplies and banned the service. Around 22,000 residents in Alfaz, near Alicante, were told not to drink, cook with or wash...
22 Dec at 6 PM 2016

Dubai expat photographer holds Xmas charity pet photoshoot

Acting in the spirit of Christmas, an expat photographer working in Dubai is raising money for an animal welfare charity by photographing pets and their owners who attend a local veterinary clinic. Iranian expat Massih Shahbazi organised his first, free, Christmas photo call last year at the Lucky Veterinary Clinic for customers of the clinic and their pets. It was such a huge success he decided to repeat it this year and charge a token amount in order to help Animal Action, a local animal welfare charity. In 2015 he took around 200...
14 Dec at 6 PM 2016

US expats in Europe protest against Trumpland

American expats in Europe are getting together to protest Trump’s devastating victory in the recent presidential election. Concerned citizens all over the USA aren’t alone in planning protests and demonstrations to coincide with the Trump inauguration in January, with groups now forming in European expat destinations in order to make their feelings known. Protests have already been seen in Berlin, Paris and Madrid, all of which were organised via Facebook to give Americans overseas a chance to debate and discuss their feelings...
5 Dec at 6 PM 2016

Beijing eases restrictions on expat property purchase

Beijing’s government is set to loosen restrictions on expat real estate purchases from early next year. As China becomes ever more popular with expatriates seeking to live and work in its unique environment, the good news is that expats in Beijing will be able to buy a home with just their work permit as a qualification. At present, foreigners must live and work in the city for at least one year before being allowed to buy a residential property. Even although Beijing’s property prices are soaring, many expats committed to...
1 Dec at 6 PM 2016

UK expats shock at worldwide Marks and Spencer closures

Following the UK company’s decision to close its stores in China due to lack of demand, the quintessentially British retailer has now announced it will close100 stores in Europe. Known as a link with home for Brit expat shoppers, M&S has seemingly overreached itself with its huge expansion in Europe as well as its 10 stores in China. Once famed for its good quality, reasonably priced fashions and home décor goods, its UK sales figures and profits have been declining during recent years, although its website accounts for around...
15 Nov at 4 PM 2016

Spain may be US expat answer to Trump haters

As the reality of the Trump dump hits in amongst disgruntled Americans, expat media worldwide is rushing to provide info on the best ways to escape. Canada and New Zealand were the first countries to see a massive increase in hits on their immigration sites, but Spain’s expat publications weren’t far behind in giving all-you-need-to-know articles on how to become Spanish. It’s not just the Brits who’ve already discovered the charms of Spanish life, as many Americans are already settled in the Costas and Spain’s larger...
14 Nov at 6 PM 2016

New phishing scam hits New Zealand during Fraud Awareness Week

In spite of endless warnings about online and offline financial fraud, it’s still a major problem across the world, with expats particularly vulnerable. Financial crime is still the most likely crime to hit ordinary people across all first-world countries, in spite of countless efforts by the media, financial authorities and police worldwide. It seems that as the warnings get louder, the crooks get smarter and more people find they’ve lost their savings. Expats, especially retirees, are at risk due to the fact they often have...