Expat South America News
Latest 10 news items tagged South America
30 Jan at 6 PM 2018
Although Portugal saw fewer Golden Visa applicants during 2017, more of those already holding the visa are bringing in their families.
Portugal’s Golden Visa is an investment tool for the comparatively wealthy, with the majority of successful applicants arriving from China. Amongst other requirements, an investment of over €500,000 is mandatory, and is usually used to purchase an upscale property.
According to president of the League of Chinese in Portugal Y Ping Chow, visa holders arrive first, stay alone for a while and make...
23 Jan at 6 PM 2018
Would-be expats who’ve been sitting on the fence as regards committing themselves to a Spanish property are being urged to buy now as the market soars.
Local property reports are forecasting yet another year of property price increases, with at least a six per cent rise by the end of 2018 following on the increases over the past four years. The Spanish real estate market is one of the EU’s success stories for the speed at which it recovered from the 2008 financial crash’s subsequent several years of plummeting prices. Over the...
18 Jan at 6 PM 2018
Paul Muldoon is to be extradited to face boiler room fraud charges after being detained by police using a European Arrest Warrant.
The abusive husband of missing British mother Rebecca Muldoon is to be extradited to the UK under a European Arrest Warrant for running a boiler room investment scam which defrauded British pensioners. Before he was arrested by British investigators, Muldoon was one of the UK’s most wanted financial scammers and had been on the run for over a year.
He and his accomplices had been accused of running a...
15 Jan at 6 PM 2018
Portugal is as popular as ever with expats, who’ve accounted for 25 per cent of 2017 property purchases.
Foreign buyers are becoming even more active in Portugal’s property market, with data showing a 30 per cent increase in 2017 sales over the same period in 2016. Some 152,000 homes found buyers from France, Brazil
, the UK and China, and the figures may be even higher as the figures only show the total of properties sold via real estate agencies.
According to Portugal’s realtor association, the number of sales in 2018 is...
20 Dec at 6 PM 2017
According to a recent local survey, expats living in Catalonia are firmly opposed to independence, whatever the referendum result says.
The survey, conducted by the expat owner of a Catalonian real estate company, involved almost 500 expat respondents, the vast majority of whom were firmly against the drive for independence by local separatists. In addition to the survey itself, although they weren’t included, economic migrant groups from Morocco, Pakistan, China and the Philippines were also approached for their opinions. Almost...
18 Oct at 6 PM 2017
Although the mystery surrounding Trump’s latest attempt to cosset his supporter base won’t easily be revealed to tax-paying mere mortals, one thing’s for sure – the UK tax code won’t ever be the same again.
US expats overseas aren’t exactly waiting with bated breath to hear whether or not residence-based taxation will replace the vastly unpopular citizen-based taxation, as most are cynical enough to know the likely answer. As it stands at present, the nine- page initial draft doesn’t address either the citizen-based...
8 Sep at 6 PM 2017
As it becomes increasingly difficult to fund an enjoyable retirement in the USA on the average pension or social security payment, older would-be expats are looking to exotic yet affordable locations such as Ecuador.
Many are finding they can enjoy luxuries as well as plan a comfortable budget for necessities, and there’s lots to see and do in this rapidly developing country. Ecuador is a small country set on South America
’s northwest coast, with its citizens enjoying a relaxed pace of life unknown to almost anyone living in...
7 Sep at 6 PM 2017
A recent survey has revealed expats choose Italy for romance but don’t rate the country for career opportunities or salary levels.
This year’s Expat Insider survey hasn’t been kind to Italy, a country better known for its romantic ambience than for its career opportunities and generous salaries. Out of 65 countries, the historic land was ranked a disappointing 60th, based on factors such as ease of settling in, working abroad and quality of life. The survey involved 13,000 expats living in 188 diverse countries, with over 50 per...
28 Jul at 6 PM 2017
International tax laws are now so complicated that even well-meaning Britons living long-term overseas can be caught in an expensive trap.
A report by a financial services and insurance provider has highlighted a potential problem of which many long-stay UK expatriates may not even be aware – that of domicile of choice as against domicile of origin.
One recent UK tax tribunal case brought by HMRC illustrates the point, in that the family was attempting to save their late father’s estate from being subject to tax...
12 Jun at 6 PM 2017
Thailand’s reputation amongst expats and tourists is likely to take a knock following the World Economic Forum’s placing of the country in the top 20 for its high rates of violence, crime and low rates of police service.
The WEF Travel and Tourism Competitiveness Report, released earlier, comes on the heel of a further report placing the popular expat destination at the top of a list naming and shaming countries with the highest number of road accidents. The report covers 136 world countries and uses statistics compiled from...