Expat Usa News

Latest 10 news items tagged Usa

26 Jul at 6 PM 2016

Best locations for expats from entrepreneurs to retirees

A new survey has identified the best places for expats dependent on their reasons for emigrating. Expats leave their home countries for a variety of reasons, including the need to take their careers further, the wish to unleash their entrepreneurial spirit or a wish to find the most suitable place to retire. The one thing they all have in common is that they feel stuck and unfulfilled in their present situations, but finding the best place settle can be a challenge, even in these technological days. The survey analysed no fewer...
26 Jul at 6 PM 2016

Unconventional destinations for adventurous British expats

If the usual expat destinations have lost their appeal for the more adventurous British would-be emigrant, these five countries are well worth considering. Over 5.5 million Britons are believed to be living, working or retiring overseas, with the most popular destinations being Spain, Australia, Ireland, Canada and the USA. Great weather and cultural similarities are attractions in themselves, but for those who don’t want to be encased in a Little Britain scenario, there are other interesting choices out there. Provided the...
25 Jul at 6 PM 2016

Does expat retirement live up to expectations

A new survey has asked the question most often ignored by polls involving expat retirees – how does the reality compare with your dreams? For most expats, dreams of retiring overseas conjure up visions of glorious weather, dramatic sunsets over warm oceans, fascinating cultures, great food and many new friends. Plus of course, a favourably cheap cost of living. However, a new survey has identified quality of life issues as one of the most important triggers for leaving one’s country of origin. The results of the poll make...
25 Jul at 6 PM 2016

Expats in Turkey may be evacuated amid fears of second coup

Fears that Turkish rebels may stage a second military coup have led to SAS troops preparing for the possible evacuation of British expat residents and tourists. Rumours of a second military coup in troubled Turkey have resulted in evacuation plans involving many thousands of British residents as well as tourists. Should the government fall due to a second coup, civil war in the country is inevitable, according to defence chiefs. SAS troop units are now established on Cyprus in order to rescue stranded Brits should the need arise....
25 Jul at 6 PM 2016

No good news as Dubai expats prepare for the worst

With the expats’ promised land now failing to deliver, many long-term expat residents in Dubai are mulling over a return to their home countries. Although economic forecasts suggest the desert-based mega-city is better placed to weather the storm than its neighbouring emirates, the combination of the oil price crisis and the downturn in construction is hitting hard on expats as well as local businesses. Major foreign-owned companies linked to the oil industry are cutting jobs as clients scale back on projects, with removal firms...
21 Jul at 6 PM 2016

Dreaded FATCA finally in full implementation

Since July 1, all foreign financial firms dealing with US expats overseas will face massive penalties for failing to annually disclose their clients’ accounts and financial affairs. The introduction of the swingeing system of fines was the final stage of FATCA’s implementation worldwide, only delayed due to the need to update US government software as well as foreign firms’ client identification programmes. In spite of legal and political challenges against its implementation, there was never any real doubt that FATCA would...
21 Jul at 6 PM 2016

US expats in Japan mull staying put to avoid gun violence at home

US expatriates working in Japan are considering staying rather than going back home and risking death on the streets of America. The total number of gun fatalities in the USA during 2015 was an appalling 13,000, whilst in Japan just one citizen was shot and killed. America has the highest number of gun deaths of any developed world country, and Japan has the lowest rate. As news of multiple mass shooting deaths at home continues to hit the headlines, many US expats are mulling over ways to stay in Japan. One American woman who,...
21 Jul at 6 PM 2016

Expats dual nationality petition calls for Spanish peoples support

A petition calling for access to joint nationality for Brits living in Spain is now calling for Spaniards to sign in support of the initiative. In yet another attempt to regularise their post-Brexit situation, Britons living, working and retiring in Spain are asking the Spanish people to join with them to ensure a future for both expats and the businesses supplying them. Over 15,000 expats have signed in the two weeks since the Olive Press English language newspaper publicised and sponsored the move. It’s clear to most of the...
20 Jul at 6 PM 2016

Qatari businesses struggling due to expat exodus

According to a Reuters report, businesses catering for middle class Qataris and expat professionals are failing due to lack of demand caused by lay-offs of thousands of well-paid workers from overseas. Large-scale layoffs of expat workers at white collar levels have taken place for some two years now, spurred by the fall in oil prices. Last year, Qatar Petroleum sent redundancy notices to an estimated 3,000 professional expat employees, with its subsidiary RasGas also shedding hundreds. Danish Oil giant Mersk rid itself of hundreds...
15 Jul at 6 PM 2016

US Treasury threatens UK expat bank account closures for non FATCA compliance

It’s not just USA citizens who’re living a nightmare due to FATCA, as British expats living in the USA are now being threatened with closure of their UK bank accounts if they don’t comply. As FATCA continues to tighten its claws on American expats living across the world, UK expats working in the USA are facing the closure of their British bank accounts as a result of the recently introduced, draconian law. Brits living in the USA are forced to submit a folder-full of forms in order to convince the IRS that they’re paying the...