Expat Visas News

Latest 10 news items tagged Visas

15 Oct at 11 AM 2014

Foreign countries ramp up incentives to attract expat retirees

Senior citizens in first world countries such as the UK and USA are being offered a variety of retirement incentives such as tax breaks and easy visa options by an increasing number of states worldwide. The value of would-be expat pensioners to second and third world economies seems at last to be obvious to a good number of far-flung yet attractive destinations’ governments. American expats started the trend with an exodus across the country’s southern border to Mexico, with Ecuador now a favourite for its cheaper expat mortgages,...
22 Sep at 6 PM 2014

Saudi banks to monitor expat account incomes in proportion to salaries

In a move designed to trace foreign workers with unofficial as well as officially permitted jobs, Saudi banks will now begin monitoring expat bank accounts for unexplained income. The move is aimed at expat workers in the kingdom who are receiving salaries for a permitted job and are also operating businesses on the side. It’s also expected that a crackdown on unofficial businesses will help stem the flow of overseas remittances leaving the country. According to Saudi’s Media and Banking Awareness Committee’s secretary...
22 Sep at 6 PM 2014

Expats in Thailand worried about long term stay prospects under junta

For decades, Thailand has been a favourite expat destination for Westerners due to its relaxed immigration rules, great weather and exotic culture, but the dream may be about to end. Traditionally, immigration laws were interpreted loosely, allowing long-term stays on short-term tourist visas for those not married to Thais or ineligible for retirement visas. Since the military took over the running of the country last May, long-forgotten rules have been brought out, dusted down and applied with rigorous intent by immigration police....
18 Sep at 6 PM 2014

Singapore to introduce mandatory driving tests for expats

Singapore’s driving rules and regulations are due for an overhaul, with new laws due to take effect from June 2015. Mandatory driving tests will be introduced for all foreign workers whose job includes driving commercial vehicles, and the tests will be backed up by a basic theory exam. Employees holding work permits or the Singapore S-Pass will be subject to both tests, according to the Road Traffic Bill Amendment passed last week, with conversion of home country licenses no longer allowed. The new driving test rules will apply...
11 Sep at 6 PM 2014

UK government confirms QROPS ban on public sector and civil service pensions

Workers in the UK’s civil service and public services hoping to retire overseas via a QROPS have had their hopes dashed by a government ban on unfunded defined pension transfers. UK Chancellor George Osborne has announced that, from April 2015, some transfers from civil service and public pensions will be banned. Although the news wasn’t exactly unexpected, it’s yet another blow for retirees hoping to emigrate. The announcement is part of a raft of pension rule changes presented for parliamentary discussion and is expected to...
9 Sep at 6 PM 2014

Saudization programme crackdown closes thousands of firms

The tightening of Saudi Arabian employment laws has forced the closure of 200,000 private companies in the Kingdom over the past year. Recently-released official figures from the Saudi Labour Ministry have confirmed that the controversial ‘nitiqat’ laws aimed at replacing expat workers with local staff have decimates smaller, private firms unable to comply with the regulations. The laws apply to residency and work visas, and involve quotas for the number of Saudis employed. According to the ministry, another 40,000 private...
21 Aug at 6 PM 2014

Best 10 low tax jurisdictions for wealthy expats

The rash of changes in international tax laws have caused difficulties for wealthy would-be expats, but the globe still holds a number of low-tax jurisdictions happy to accept large pension pots and savings. A recent investigation revealed the top ten most tax-friendly countries based on actual tax rates, lifestyles, political and economic security and tempting expat packages for the wealthy or comfortably off. Many are idyllic tropical paradises, and several have tax rates as low as zero. The Bahamas is an ever-popular refuge with...
19 Aug at 6 PM 2014

Top tips for new expat arrivals in the UAE

The UAE is still one of the most popular choices for jobs abroad due to its elevated salaries and upscale lifestyle, but culture shock tends to hit harder than in English-speaking countries or EU member states. A local news website recently launched a guide containing five top tips for successful integration into the complexities of living in the Emirates. Its aim is to give incomers a tell-it-like-it-is breakdown of what to do and, more importantly in a Moslem environment, what not to do. The five subjects discussed are residency,...
8 Aug at 6 PM 2014

Expat women in UAE learning to deal with employment challenges

Trailing spouses in the UAE are finding work and learning to adapt to a new style of professional challenge. Whilst taking an executive job in the UAE is the dream of many professional men looking to further their careers and secure their financial futures, for many of their wives the move can become a nightmare. Trailing spouses used to working for a living and forced to put a hold on their own careers are often left wondering why they came. Even with the compulsory trappings of life in the UAE such as a live-in maid, child care...
7 Aug at 6 PM 2014

Turkish government abolishes compulsory health insurance for retired expats

The Mediterranean country’s complicated resident visa system is now simpler for expats wishing to retire in Turkey after a government turnaround on the compulsory health insurance requirement. Compulsory health insurance for retired expats over the age of 65 was part of a recently introduced policy relating to residency applications. The plan offered two options, expensive private health cover or the SGK government health insurance programme. The scheme’s practical application soon became problematic for older expats due to the...