Expat Uk News
Latest 10 news items tagged Uk
26 Oct at 6 PM 2016
British expats in Asia may believe they’re safe from the devastating future effects of Brexit, but its tentacles are due to reach across the world as regards finance.
The Asian powerhouse cities are thousands of miles from the British Isles, but UK
expats’ finances will still be hit hard by Brexit. At present, the political stance in the UK
is that a ‘hard Brexit’ will be the result of the referendum, due to the government’s insistence on total control of immigration.
This will lead to no free trade and no single market...
26 Oct at 6 PM 2016
expats who’ve lived in France for many years have seen both positive and negative changes in their lifestyles.
One of France’s major attractions for expats is that changes take far longer than in other countries, although all accept change is inevitable. Fortunately, most changes which have taken place of the past several decades have been expat-friendly and positive, with the possible exception of rising prices.
French food is justifiably famous world-wide, but it’s an unusual expat who doesn’t crave an occasional taste...
25 Oct at 6 PM 2016
Parental costs of educating expat children through primary and international secondary levels and on to university is costing an average per child of 1,500,000 dirham (USD408,413).
A recent study by an offshore insurance and investment company has revealed the heavy burden on UAE expat parents of educating their children to an international level. It’s a frightening total for parents who want their children to be taught in UK
or US curriculum international schools to ensure that returning to the home country won’t mean they’ll be...
24 Oct at 6 PM 2016
Hundreds of thousands of British retirees living overseas may be at risk of changes to their QROPS after Britain
leaves the EU.
At the present time, the British government has revealed no strategies which would affect retirees who’ve transferred their pensions to a QROPS, but experts are warning changes might well take place. Those most at risk are those retiring in countries which don’t have a QROPS provider.
However, rumours circulating in the financial sector indicate HMRC officials have stated during stakeholder meetings...
21 Oct at 6 PM 2016
A special meeting dedicated to the effects of Brexit on British expats in France heard the UK
’s divorce from the EU would have cataclysmic effects on expat rights.
Members of France’s National Assembly were told Thursday that Brexit was on track to wreck the lives of tens of thousands of Britons living in the country. EU law specialist Myriam Benlolo-Carabot told chair of the meeting National Assembly President Claude Bartolone the only way to prevent cataclysmic Brexit effects is to allow reciprocal agreements.
Once Brexit is...
21 Oct at 4 PM 2016
Harlequin Property SVG, infamous amongst expats for its Caribbean and Thailand property scams, is now insolvent and has appointed a professional trustee.
The company is based on St Vincent and the Grenadines, a Caribbean offshore location for many companies with doubtful legitimacy, and is the offshoot of another company with the same name. Briton David Ames and his sidekick Richard Houghton were instrumental in swindling expat pensioners out of their savings by selling off-plan beachside condos, only a few of which were actually ...
20 Oct at 6 PM 2016
A scholarly paper recently issued by a US institute based at Oxford University revealed US expat voters in Britain
could hold the key to the result of the US presidential election.
The research paper, entitled ‘America’s Overseas Voters: how they could decide the US presidency in 2016’, stresses the power of overseas voters in the most controversial US presidential election for decades. Of the eight million Americans living overseas, it states, the UK
hosts around a quarter of a million, all of whom could be a part of affecting...
19 Oct at 6 PM 2016
A hard-hitting article in a Scottish newspaper is suggesting tax-paying, hard-working Polish plumbers may have to be replaced by retired Britons reluctantly returning from a life in the Spanish sun.
The newspaper’s report on a Westminster debate concerning the many petitions for a second referendum wasn’t meant to be hilarious, but came over as a illustration of how far British politics has strayed from the straight and narrow of governing a country. All the Brexit favourites were up for grabs, with Remoaner Welsh MP Gerard Davies...
19 Oct at 6 PM 2016
Spurred by the ubcertainty following the Brexit result, a huge number of disillusioned Britons are seeking to become expats working overseas.
Ever since the result of the Brexit referendum was announced, online international recruitment sites have been deluged by huge numbers of British workers seeking a new life abroad. A recent analysis of the millions of search results is showing the Irish Republic as a favourite destination for those starting a new life and wishing to remain EU citizens by any possible means.
17 Oct at 6 PM 2016
After the pound sterling fell to a 31-year low last week, British expats working in the UAE rushed to remit currency to the UK
Remittance volumes from the UAE to UK
banks have soared by 135 per cent over the same week in September as expats took advantage of the fall in sterling. The cashing in is likely to continue as major banks are predicting further falls in the next few weeks.
The Bank of America, HSBC, Deutsche Bank and Goldman Sachs are all predicting more pressure for the pound sterling as traders take into account the...