Expat South America News

Latest 10 news items tagged South America

8 Mar at 4 PM 2015

Mexico near the top of expat happiness list

A recent survey carried out by InterNations has found one of the happiest place in the world for expats is Mexico, with 91 per cent of respondents saying they were content in their new lives. Some 14,000 expats in 160 countries were questioned about their lives overseas, with factors such as family, work, personal finance and ease of settling in all considered. When it came down to feeling at home, Mexico City ranked number one with expats, while the country as a whole came third in that particular list. Meanwhile, 91 per cent of...
26 Feb at 4 PM 2015

Saudi Arabia approves Chile as domestic helper source

Domestic helpers from Chile will now be allowed to apply for work in Saudi Arabia, announced the country’s Labour Ministry. The workers from the South American country will have seven different roles to choose from – four for men and three for women. The jobs males will be able to apply for are drivers, nurses, housekeepers and helpers, while females can take on work as nurses, housekeepers and nannies. Chile is the first country from Latin America to be added to the 14-strong list, which includes seven from Asia (the...
9 Feb at 4 PM 2015

Ecuador again scores highly in expat index

Ecuador has been named the best place to live and work as an expat, according to a recent InterNations survey. The report, The World Through Expat Eyes, quizzed more than 14,000 people on why they relocated, how life abroad was and how happy they were, and found that the South American country came out on top ahead of Luxembourg and Mexico respectively. InterNations took 61 one popular countries among expats into account, rating them on a number of factors including ease of settling in, overall quality of life, how welcoming they...
7 Jan at 10 AM 2015

Ecuador tops list of retirement havens

The South American nation of Ecuador has been ranked the best place to retire abroad, with Latin American countries dominating the list. The International Living magazine’s Annual Global Retirement Index looked at factors such as cost of living, healthcare and climate in ranking a total of 25 popular countries among expat retirees on the overall quality of life offered. Although prices in Ecuador are on the up, there are still many excellent real estate deals available, according to the senior editor at InternationalLiving.com,...
19 Dec at 12 PM 2014

Uruguay: Lebanon Foreign Minister urges expats to buy Lebanese products

Lebanese Foreign Minister Gebran Bassil wants to see Lebanese expats in Uruguay spending their money on things produced in their homeland, noting that the recently-signed free trade agreement (FTA) with Latin America would make importing such goods all the more easier. During a meeting on Wednesday with a delegation of Uruguay-based expats, Bassil explained that the free trade deal with Latin America’s Mercosur countries would “facilitate trade” between their country of origin and the sub-regional bloc, which includes, Brazil,...
13 Nov at 2 PM 2014

Taiwan best place for expat healthcare

Taiwan has been named the number one country in the world for expats in terms of having the cheapest and best medical facilities, according to a new survey. The research showed that almost seven in 10 expats in the east Asian country said healthcare costs them less than it did before they moved there - in comparison to the global average of three in 10. Furthermore, nearly two-thirds of expats in the country said the healthcare there was better than it was in their homeland, compared to the global average of just under four in 10. 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,...
16 Sep at 6 PM 2014

US renounce citizenship fee soars as thousands leave to avoid FATCA

The fee payable to the State Department by US citizens wishing to renounce their citizenship has soared by over 400 per cent since the introduction of the FATCA reporting system. Originally just $450, the charge for renouncing US citizenship now stands at $2,350. State Department officials claim the new amount represents the actual cost of the procedure and are admitting that demand for the service is at an all-time high. In some regions, the US Consular waiting list for the required expatriation interview is now six months or...
25 Mar at 6 PM 2014

British international schools abroad overrun by local students

International schools across the world, started for the purpose of teaching expat children a British curriculum, are now being overrun by local students. A recent study has revealed that some 80 per cent of places in overseas international schools are being grabbed by wealthy local people for their children. Expat families living and working overseas are gradually losing out on the chance to standardise their kids’ education in preparation for their return to UK schooling. Increasing growth in the market is noted in the Middle...
23 Jan at 6 PM 2014

Son of Harlequin Property CEO denies Ponzi scam

As the result of an investigation by the UK Financial Conduct Authority and fraud investigators, Michael Ames found himself in a London court today on charges of running a Ponzi scheme. Ames, the son of Harlequin Properties CEO, David Ames, was charged with fraud in December 2012. The charges related to a £1.6 million Ponzi scheme involving two green investment schemes, the Investor Club and Forestry for Life. Investors were snared by glossy brochures containing quotes from Prince Charles along with references to the Kyoto...