Expat Working Abroad News
Latest 10 news items tagged Working Abroad
26 May at 6 PM 2016
New research has revealed the growing trend amongst international companies of sending employees on overseas assignments.
The study, initiated by ECA International, covered the past 20 years’ history of overseas assignments, showing that at present there are more expats working abroad
than at any time in the past. Over 50 per cent of the companies taking part in the study reported increased year-on-year numbers of relocations to overseas branches.
Interestingly, the statistics of increases in overseas postings didn’t change...
17 May at 6 PM 2016
New Inland Revenue regulations governing personal service companies may cause increased tax burdens for expat single owner businesses.
The new tax laws, brought in on 6 April this year, will affect oil workers on contracts as well as other single-owner businesses.The focus of the changes is on the individual whose right it is to ‘supervise, control and direct’ (SDC) the contractor on-site, even if the right is not used. Should a third party have an SDC right, a raft of new tax measures will apply.
Firstly, contractors working...
12 May at 6 PM 2016
A trade body serving the insurance and pensions industry has attacked the EU’s plan to introduce a Europe-wide personal pension.
The EU’s new personal pension proposal would benefit not only EU citizens but also expats living, working or retiring in EU member states. On offer to consumers would be the same benefits at the same cost, irrespective of their country of residence.
Presented as the Pan-European Personal Pension (PEPP) it’s offered by the European Insurance and Occupational Pensions Authority and would mean pension...
3 May at 6 PM 2016
Adjusting to a new culture is one of the trickiest tasks facing newly arrived expats although, in the long term, corruption may be the hardest issue to tackle.
The vast majority of expats from the West are aware of corruption in the public sector but tolerate it as it doesn’t affect them directly. However, their opinions may change once they’ve settled overseas, dependent on the country they’ve chosen. It might take a while, but eventually the real world emerges from the dream of great weather, friendly locals and a more...
29 Apr at 6 PM 2016
The concerns of 700,000 long-stay British expats have been dismissed by the High Court in a controversial ruling.
Judges at the High Court yesterday dismissed the case for allowing British citizens who’ve lived overseas for over 15 years to vote in the upcoming Brexit referendum. The verdict wasn’t unexpected, with lawyers acting for Harry Shindler and Jacqelyn MacLannan immediately announcing an appeal to the Supreme Court.
Lawyers for the plaintiffs argued that expats fear becoming resident aliens in their chosen EU member...
14 Apr at 6 PM 2016
Female expats unprepared for this negative aspect of culture shock are experiencing sexism in a number of countries.
Nowadays, single women are as likely to emigrate either to further their careers or to retire as are men. However clued up they are to cultural differences and diversities in their new country, they’re often unprepared for the politically incorrect male chauvinism they’ve hardly ever experienced at home.
Photographer and writer Sheila Taylor left the UK for a two-year stint in Rio de Janeiro, expecting a fresh,...
12 Apr at 6 PM 2016
An improved work/life balance is the main reason for expat relocation, according to a recent survey.
Professionals looking to work overseas
are motivated first by the wish for a better work/life balance, although better pay and improved career opportunities also play a part in the decision. According to the results of a study by AXA PPP International, those wanting to progress in their chosen field are willing to move overseas even before they’ve found a suitable job.
Although UK companies are trying hard to recruit and support...
1 Apr at 6 PM 2016
Whether you’re emigrating to enjoy retirement in the sun or taking on a challenging new position overseas, your worst nightmare is likely to be the local language.
Research states that becoming fluent in a new language is a huge challenge, especially if you’re not as young as you used to be. For those working overseas
, the biggest obstacle to making a go of the new job is communication, with the overall success of an assignment largely dependent on your command of the new language.
If you’re moving overseas as part of your...
24 Mar at 6 PM 2016
Young, female and mobile are the buzz words for a new breed of British expat, according to a recent survey.
The recently-announced findings of a survey by a major British bank have identified a huge change in the composition of the UK expat community overseas. Over the last five years, the number of young, upwardly mobile workers living overseas has increased by a massive 265 per cent and now comprises more than half of the total of Brits working abroad
. What’s more, the numbers of female expats in the 25-35 age group has doubled...
18 Mar at 6 PM 2016
UK expats living overseas received a mix of good and bad financial news when the UK’s 2916 budget was unveiled.
The dark clouds hanging over the world economy precluded much in the way of free lunches for any sectors of the UK population wherever they live, but at least the feared spectre of restricting expats’ personal allowances wasn’t hovering in the small print. The threat was first made in 2014, with pre-budget rumours abounding over its introduction in 2016.
In fact, personal allowances for all British citizens rose...