Expat Study Abroad News

Latest 10 news items tagged Study Abroad

30 Oct at 6 PM 2014

Hong Kong expats support protestors by running umbrella shaped marathon

Although Hong Kong’s expat community is divided over the ongoing student protests in the heart of the city, two of its number today took part in an umbrella-shaped 102 km marathon in support of democracy. The pair, both experienced ultramarathon runners, were expecting to take around 15 hours to cover their planned course, shaped on a map of Hong Kong as an umbrella in honour of the protestors. John Ellison and Andrew Dawson told reporters prior to the start that the route had been deliberately designed to be long and hard as it...
28 Oct at 6 PM 2014

US expat woes increase thanks to FATCA

A recent survey undertaken with a sample of US expats living in popular destinations revealed that almost three-quarters of respondents had considered voluntarily renouncing their citizenship to avoid the onerous FATCA requirements. The complications of endless form-filling, the threat of being barred from opening local bank accounts and the invasion of personal financial privacy have already resulted in an unprecedented number of US expat citizens giving up their passports. According to the survey, 73 per cent of respondents admitted...
22 Oct at 6 PM 2014

Survey results shock reveals pension fraudsters targeting retirement savers

The results of a recent survey prove that increasing numbers of pension liberation crooks are operating onshore and offshore, defrauding retirees confused about the new pension rules. The research, undertaken by financial firm Fidelity, revealed that 66 per cent of retirement savers are still uncertain about their rights under the new legislation. In spite of massive publicity since the April budget announcement, understanding of the ‘over 55’ rule is still causing problems and leaving savers at risk from scammers and massive tax...
22 Oct at 6 PM 2014

Mega rich give fortunes to support young entrepreneurs and the underprivileged

A recent study has revealed that wealthy philanthropists nowadays are focusing on helping new self-sustaining projects, job creation and the poverty-stricken. Around 13 per cent of the world’s wealth is held by just 0.003 of its population – the mega-rich millionaires and billionaires who monstly made their fortunes in the heady second half of the last century. However, rather than gifting to museums or universities as in the past, the ultra-wealthy are turning their thoughts to encouraging young entrepreneurs, those working in...
15 Oct at 10 AM 2014

Are protests affecting the Hong Kong expat community

Expats in Hong Kong are now living through an unprecedented level of protests against China’s Communist rulers, but how is the seemingly unresolvable drama affecting the expat community? Started, as are many similar events worldwide, by local students and now spread to hundreds of thousands of Hong Kong citizens who value their island’s democratic basis, the protests are certainly making everyday life difficult for the city’s large expat community. Few Westerners are seen in the morass of people, but many are forming their own...
18 Sep at 6 PM 2014

Expats in UAE shunning local banks for offshore accounts

A recent study has revealed that almost 50 per cent of expats working in the UAE prefer to put their savings in offshore bank accounts rather than in UAE banks. The survey, undertaken annually by an emirate-based financial comparison website, showed that 48 per cent of respondents were happier saving their spare cash in home country or offshore banks than in UAE banks. As a result, according to the authors of the survey, UAE banks are missing out on new business aimed at keeping expat residents’ savings in the emirates. Results...
8 Sep at 6 PM 2014

Expat students rejecting Saudi private unis for studying abroad

Saudi Arabia’s private universities are failing to attract expat student, most of whom are choosing to gain their degrees in overseas centres of excellence. According to local academics, only 30 per cent of expat students are taking degree courses at the Kingdom’s private universities. The majority are returning to their home countries to study, with high tuition fees given as the main reason. Saudi’s private universities are a convenient alternative for expat students who cannot be admitted to government universities....
21 Aug at 6 PM 2014

Dubai companies report expats work less during the hot season

Given the number of expats from colder European climes who are living and working in Dubai, the news that workplace productivity declines in proportion to temperature increases is no surprise. Although new arrivals from the winter snows in many countries across Europe may think they’ve arrived in a warm heaven, once the summer highs of up to 50°C set in, they’re desperate to get relief on short breaks to cooler locations. The extremely high humidity of the average Dubai summer makes the heat even more unbearable. Expat experts...
11 Aug at 6 PM 2014

Graduate Irish doctors tempted to stay by tax breaks

In a desperate move to stop the majority of Irish medical professionals leaving for better-paid jobs overseas, the government is being urged to cut an impressive tax deal with newly-graduated doctors. A detailed proposal from two Irish government departments, Finance and Health, is being closely scrutinised for inclusion in the country’s 2015 budget. The move follows the continuing migration of a huge number of doctors, nurses and other health professionals to the UK, Canada, Australia and New Zealand. The five million euro per...
8 Aug at 6 PM 2014

Do retirement dreams fade after second thoughts kick in

Survey after survey indicates that an increasing number of Brits can’t wait to retire overseas, but second thoughts later in life can wreck the dream. One recent study revealed that around six million British citizens are eager to move to other countries for a variety of reasons. However, many are younger people who find that, the older they get, the less they can face up to the challenges involved. In the real world, retirement overseas has its pitfalls, most of which can be avoided by careful planning and a large dose of...