Expat Working Abroad News
Latest 10 news items tagged Working Abroad
23 Jun at 6 PM 2016
A recent survey has revealed an increase in younger people becoming expats whilst more retirees are returning to the UK due to financial woes.
In 2015, more than 121,000 UK citizens left the UK and headed for expat destinations across the world, according to the Office for National Statistics. At the same time, a NatWest International survey indicated that almost half the total left to work overseas
, and around 6 per cent left to study at overseas universities.
Taking the two studies into account, it seems that expats are becoming...
8 Jun at 6 PM 2016
Due to the devastating effects of the 2008 financial crash in Ireland, many highly qualified IT specialists left for overseas jobs, and are now being enticed back as the country’s economy strengthens.
For several years after the 2008 crash decimated Ireland’s economy, qualified professionals across the board left to make new lives everywhere from Europe to Australia and New Zealand. With the country now on a stable footing, skills shortages especially in the IT and Life Sciences sector are slowing further development in the Emerald...
30 May at 4 PM 2016
A recent survey has revealed that, although most expats believe European cities are relatively safe, the top-scoring locations are the most expensive.
In spite of the recent horrific terrorist attacks in Paris and Brussels, the majority of expats still believe Europe to be the safest continent for working relocations or retirement. The study took in political stability, crime in general, the effectiveness of local police forces and each country’s relationship with its bordering nations, surveying 230 popular expat...
28 May at 10 AM 2016
A recent survey found that British expats are still making use of offshore banks rather than transferring their cash to foriegn onshore banks in overseas locations.
In spite of scares such as the Icelandic bank failures and a lack of decent rates of interest on deposits, British expats living overseas seem to be sticking with their offshore banks. A survey undertaken on behalf of AES International has revealed that banking offshore is still the most popular way to go, even although the number of providers is falling fast and interest...
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,...