Expat Spain News

Latest 10 news items tagged Spain

26 Aug at 6 PM 2016

Brit expats in Cyprus urged to register their residency

British expats living in Cyprus are being urged to register with the island’s Immigration Department in order to ensure the best chance of being able to stay after Britain leaves the EU. The advice is being offered to all British nationals living, working or owning businesses in Cyprus, pending an online information campaign being run locally to keep expats up to date with developments. The online notification site was started to keep worried expats in the loop as regards Brexit negotiations concerning expats’ status on the...
25 Aug at 6 PM 2016

Expat housing market in Spain shifts into top gear

After remaining in the doldrums since the boom years ended in 2009, the Spanish property market has picked up and is roaring ahead. Sales of Spanish real estate in 2016 are showing double-figure increases over the same period in 2015, with actual sales rocketing by over 10 per cent since the start of the year. The Balearic Islands are today’s hotspots, recording a massive increase in purchases of just under 40 per cent. The rest of Spain, with the exception of Malaga on the Costa del Sol and Almeria on the Costa Calida, is...
24 Aug at 6 PM 2016

Uncovered data reveals top world locations for financial scams

As the UK’s Financial Conduct Agency continues to warn retirees of pension transfer frauds, recently uncovered data reveals the worst world-wide locations for expat financial scams. The data shows UK retiree pension savers are now at even more risk of being scammed out of their savings by unscrupulous, often illegally working financial advised lurking in favourite expat destinations. Global scams are now big business for fraudsters, egged on by pension liberation and even by Brexit’s predicted financial uncertainties. One...
24 Aug at 6 PM 2016

UK pensioners in cooler parts of Spain cheated out of winter fuel allowance

Newly discovered data has revealed British pensioners living in colder parts of Spain may have been entitled to the UK state pensions’ Winter Fuel Allowance. The winter fuel allowance was cancelled in 2014 for all UK pensioners living in Spain, depriving many thousands of an extra few hundred pounds with which to supplement the ungenerous British pension. The reason given was that Spain’s average winter temperature was ‘too hot’ to justify the payment.The country’s average winter temperature came out at just above the...
23 Aug at 6 PM 2016

Expat private healthcare costs soaring beyond affordable levels

Insurers offering private healthcare policies are sitting pretty as regards revenue, whilst expats living overseas are struggling to find funds for the swingeing annual increases imposed. As with just about everything else in the 21st century, the cost of private healthcare has more to do with profits than with service. Providing a safety net for unexpected illnesses or accidents is especially important for expats, many of whom are retired and don’t have a relocation package covering the ever-rising costs of private heathcare....
23 Aug at 6 PM 2016

Retired expats in Spain caught in free heathcare trap

Due to recent tough new rules in Spain as well as within the failing British National Health Service, expat retirees are being left with no free heathcare options. Many elderly UK expats living in Spain are now unable to access Spain’s formerly free heathcare services, and the National Health Service is now refusing to treat returning expat pensioners until they have lived in the UK for at least six months. This is despite the fact that the majority have paid National Insurance during their entire working lives. Hardest hit are...
19 Aug at 6 PM 2016

Innocent expats forfeit passports in Spanish car import scam case.

Almost 100 expats in Spain are still fighting to have their passports returned after they were unwittingly involved in a car import scam. The unfortunate expats used British-owned Car Import Spain to transport their vehicles from their home countries, and are now being investigated for fraud and suspicion of involvement in the scam. Even although CEO Chris Dann has reportedly accepted blame for the scam, the expats involved have not yet received their confiscated passports and are still having to make fortnightly reports to the Spanish...
19 Aug at 6 PM 2016

EU based retirees fear loss of UK state pension increases

Many thousands of UK state pensioners living in the EU fear losing their rights to regular pension increases due to the post Brexit fallout. The expat communities of Spain and, to some extent, France, are crammed with UK citizens who’d made the choice between poverty in Britain and comparative comfort abroad. Many sold their UK homes in order to buy an apartment in one of the Andalusian coastal resorts, and have been living within their means on just their UK state pension. With the advent of Brexit, their financial security may...
18 Aug at 6 PM 2016

UK expats lose a billion in fraudulent investment scam

In spite of multiple warnings from the UK Financial Conduct Agency and other concerned financial experts, pension liberation has proved to be a pot of gold for scammers. Expat advocacy group Pension Life has announced that increasing numbers of FCA-regulated financial advisers are endorsing pension liberation products which are clearly scams. British expats living in Dubai and Spain are estimated to have lost a total of at least one billion pounds sterling to fraudulent investment schemes. Yet another FCA warning issued in early...
18 Aug at 6 PM 2016

Survey shows Switzerland is best choice for expat careers

HSBC’s Expat Explorer survey gives one of the best comparisons of locations suitable for career development, with Switzerland placed high on the list. Selecting the right relocation destination for a move to expat life isn’t easy, as it depends as much on personal preference as it does on salary and perks. However, for career development, Europe is still a great choice, with Switzerland considered by expats to be the best for salaries, job security, working conditions and lifestyle. Over 66 per cent of expat professionals working...