Expat Usa News

Latest 10 news items tagged Usa

18 Aug at 6 PM 2014

Run up to New Zealand election marred by racism

As New Zealand’s election campaign hots up, a disturbing new theme is emerging as at least two political parties are being accused of racist comments. In this peace-loving island country, racial tolerance has always been regarded as a cause for pride. Remarks made by the leader of the New Zealand First party’s campaign launch last Sunday have caused dismay amongst the South Pacific nation’s 4.5 million citizens. In the initial speech of his party’s campaign, Winston Peters slated the government for condoning the sale of...
15 Aug at 6 PM 2014

Are British banks ridding themselves of their UK expat customers

Between five and six million UK citizens living overseas may be at risk of losing their UK-based bank accounts. Of the millions of UK-born expats living overseas, at least 800,000 are believed to be domiciled in European Union states as business owners, retirees or employees of foreign or UK-based companies. Creeping moves by British high street banks suggest that British citizens living in the EU or farther afield may no longer be welcome as customers. The recent cancellation by Santander of expats’ debit cards held on their UK...
14 Aug at 6 PM 2014

Are UK expats giving up on La Dolce Vita

Since the heady days of the 1930s, Rome and Italy have been favourites for expats searching for history, beauty and fantastic food and wine. Living the dream in an Italian coastal resort or the wine regions of Tuscany has been the ambition of many Brits as they approach retirement age. Many have made the dream come true, but is it fading due to the effects of the 2008 financial crisis? Italy is now in its third recession since 2008, with its GDP falling, unemployment still on the rise and net trade sliding further into negative...
14 Aug at 6 PM 2014

Iraq energy sector expats flee oil boomtown as Islamic State terrorists approach

Erbil, the Iraq oil boomtown and capital of Iraqi Kurdistan, is now the focus of an exodus of expats fleeing the terrorist army of Islamic State. Once home to a thriving expat community within a friendly, welcoming environment, Erbil is emptying fast as the Islamic Army draws ever closer. Around 80 per cent of the hundreds of expat oil workers, construction engineers and security personnel have already left, and most oof the reminder are preparing to follow. The formerly violence-free autonomous region hold several of the...
12 Aug at 6 PM 2014

UK government to strip personal tax allowance from expats overseas

Non-resident UK expats are to be hit by a £400 million tax raid if government plans to abolish their personal tax allowances pass a consultation. The proposal, hinted at during the Chancellor’s March 2014 Budget speech, has now been released for formal consultation and, if passed, will be brought in next year. At present, EU nationals and UK expats living or working overseas can offset income earned in Britain against the basic £10,000 personal tax allowance. Expats with buy-to-rent properties or those who are letting their UK...
6 Aug at 6 PM 2014

Costa del Sol Action Group protects expats against financial scams

As the financial chaos following the 2008 crash recedes, the focus is on expats living in retirement hubs overseas and suffering devastating losses via illegal salesmen touting Ponzi schemes and dodgy bonds. One fact that newly-arrived expats in favourite retirement destinations often fail to take on board is that ‘it’s not the UK/USA’, especially as regards consumer protection legislation. From electrical appliances which fail after a month or so to different methods of construction, there’s a world of new experiences waiting...
6 Aug at 6 PM 2014

Annual report shows increase in expats and tourists needing passport assistance

The number of Britons living or visiting overseas who needed passport help during 2013 rose by around eight per cent, not taking into account the huge number of people affected by the massive passport processing backlog. The passport backlog itself caused the worst crisis for the British passport office in decades, with hundreds of thousands of unfulfilled applications stacked in boxes awaiting processing. Waiting times of up to and over four months caused ruined holidays, missed family occasions and disrupted business trips....
1 Aug at 6 PM 2014

USA Friends of Scotland give resounding no to Scottish independence

A USA-wide survey carried out by Friends of Scotland has revealed that almost two-thirds of Scots living in America would vote against the country’s upcoming independence referendum. One of the Friends of Scotland’s most famous supporters is the highly revered actor Sir Sean Connolly, known world-wide for his pride in his Scots heritage. A spokesperson for the Better Together Campaign told the media that the majority of Scots or thier descendents living in the USA obviously agreed with President Obama’s comment on the subject –...
30 Jul at 6 PM 2014

Pension Regulator warns of £5 billion pension unlocking scam

Crooks have conned pension savers out of a total of at least five billion sterling, according to an urgent warning issued by the UK Pensions Regulator. Experts warn the full amount may be far higher, as many thousands of vulnerable pension savers in the UK and overseas are continuing to fall victim to an ingenious variety of scams by unprincipled conmen. Cold calls, text messages, glossy UK-based websites, sales patter and the pushing of worthless investments are all part of the ammunition used to part pensioners from their savings....
25 Jul at 6 PM 2014

Amsterdam scores as expat happiness central in spite of high tax rates

Many would-be expats would balk at the thought of paying 52 per cent income tax on their earnings overseas, but the charm of Amsterdam is such that no-one seems to mind. Most expats living in the historic Dutch capital were lured by the promise of a choice of literally thousands of jobs in the tech, oil and other sectors. In spite of losing over half their salaries to the tax man, most have stayed due to the benefits and lifestyle they’ve learned to love. The Netherlands ranks consistently in the top ten tworld 's happiest...