Expat Usa News
Latest 10 news items tagged Usa
15 Mar at 6 PM 2018
Expats pinning their financial hopes on digital currencies can take some encouragement from China and Russia’s begrudging acceptance of the online money.
Expatriates eager to invest in cryptocurrencies in spite of their unregulated volatility may have been offered some slight reassurance by Russia and China’s take on the wildly fluctuating crypto-coins. China, the planet’s second largest economy, was the first to comment via its central bank, saying an eventual move to a true digital economy is inevitable although policy makers...
15 Mar at 6 PM 2018
US expats who were hoping a miracle as part of the Trump tax reform would ease FATCA’s pressure on their lives are now deeply disappointed.
US citizens living and working overseas were hoping against hope that continuing calls by US expat organisations representing both sides of the political divide might result in an easing of the hated FATCA disclosure laws and the USA
government’s commitment to double taxation. Now that the Trump reform is out there and has been examined, tax lawyers are muttering about ‘smoke and mirrors’...
7 Mar at 6 PM 2018
An American expatriate group protesting over USA
lawmakers’ lack of interest in gun control made their voices heard in Zurich during Steve Bannon’s visit.
As if the visit by the ultra-right wing ex-White House chief strategist wasn’t controversial enough, the small but effective expat demonstration outside the venue for his speech made it clear his views on gun control weren’t welcome in Switzerland. Bannon has traditionally taken a stand against any form of gun control, even after the latest murder of 17 students at a Florida...
6 Mar at 6 PM 2018
One of the most important decisions expats need to make when choosing an overseas destination for retirement or a new job is the availability of quality medical care.
Many private hospitals overseas are now using rating systems, considered as the equivalent of the ‘star’ system for hotels. However, relying on ratings when deciding where to settle may be the wrong way to get a high standard of medical care, as the ratings may have been purchased from the expanding number of organisations offering inspections and so-called official...
6 Mar at 6 PM 2018
As obtaining residency in first-world countries is getting harder, second citizenship programmes are coming to the fore in the Arab States.
High-net worth UAE residents are increasingly turning to second passport applications as being granted long-stay visas in Western countries gets even tougher. Citizenship programmes are now being seen as the only way to enjoy visa-free travel in order to expand business opportunities as well as moving finances without investigation. As always, Chinese nationals are first in the queue, followed by...
2 Mar at 6 PM 2018
American expat business owners in Australia are about to get an unpleasant surprise courtesy of the controversial Trump tax reform bill.
The problem is the so-called ‘one off deemed repatriation tax’, levied at 15.5 per cent for internet giants such as Google and Apple, but also affecting any dual USA
expat citizen operating a private foreign business which includes retained earnings. One US tax lawyer working in Canada explains it succinctly, saying the one-time tax you’re going to have to pay is a ‘killer’. It’s not...
1 Mar at 6 PM 2018
In a major climbdown, PM Theresa May has announced EU expats who arrive in the UK during the Brexit transition period will be able to apply for permanent residency.
The surprise announcement was slipped into a Home Office Brexit policy paper, and also states EU migrants who arrive post-March 2019 will now be granted a five-year temporary residence visa rather than the proposed two year version. The announcement gives EU citizen migrants arriving in Britain once Brexit is finalised but before the end of the proposed transition period...
28 Feb at 6 PM 2018
British citizens living in France are queuing to get French citizenship before Brexit becomes an unwelcome reality.
Since the result of the Brexit referendum, the numbers of British nationals applying to become French citizens has soared. In 2015m, just 386 Brits applied, with mounting concerns causing an increase to 1,363 even although most expected Remain voters to exceed those voting to leave. The shock result caused another hike in the numbers applying and last year saw 3,173 Britons attempting to regain control over their futures...
23 Feb at 6 PM 2018
Doctors in the UK are retiring early due to strict pension savings rules and an overload of work.
As thousands of EU nationals leave their NHS jobs for fear of their post-Brexit status, the worse news is that increasing numbers of their colleagues are retiring early and emigrating. Some 5,000 experienced medical practitioners a year are now heading to an expatriate life, whether for retirement or to take on new positions in a less challenging and more rewarding heathcare environment overseas.
The current state of the NHS and the...
22 Feb at 6 PM 2018
British expats are still being kept in the dark over the threat to their pension payments due to Brexit’s terminating of passporting rights.
Five months after the revelation that British expats might lose their pension and insurance payments post-Brexit due to the withdrawal of so-called ‘passporting rights’, no clarification has as yet been given. Passporting rights are in common usage by UK and EU financial advisors to provide products across all EU member states’ borders. Passporting is set to end in March next year unless...