Expat Working Abroad News
Latest 10 news items tagged Working Abroad
25 Aug at 6 PM 2016
Banks and building societies are seeing an increase in mortgage enquiries from UK expat overseas due to stalling UK property prices and the decrease in the value of sterling.
The Bank of England’s recent interest rate cut, sterling’s plunge and the post-Brexit stalling of the UK housing market are tempting British expats living and working overseas
to cash in on a bargain. The London property market is most affected at present, with the trend beginning to spread to desirable locations in the rest of the country.
3 Aug at 6 PM 2016
One of the main reasons for emigrating from colder northern climes is the weather, with decisions spurred on by visions of endless sunshine and luxuriously warm temperatures.
The latest expat survey is bound to be of interest to those looking for the perfect outdoor life in the sun, as it identifies the top 10 countries offering the best of the world’s weather. Respondents numbered 14,000, and 195 countries were covered, as well as the relevance of great weather in the choice of destination.
Unsurprisingly, 45 per cent of...
26 Jul at 6 PM 2016
If the usual expat destinations have lost their appeal for the more adventurous British would-be emigrant, these five countries are well worth considering.
Over 5.5 million Britons are believed to be living, working or retiring overseas, with the most popular destinations being Spain, Australia, Ireland, Canada and the USA. Great weather and cultural similarities are attractions in themselves, but for those who don’t want to be encased in a Little Britain scenario, there are other interesting choices out there.
6 Jul at 6 PM 2016
A petition urging the Spanish government to allow UK expats to apply for dual nationality was launched on Monday.
Well-known journalist Giles Tremlett together with fellow journalist William Chislett started the petition as an attempt to alert the Spanish government to the dramatic situation faced by Brits in Spain. Tremlett, known for his work with the Economist and the Guardian, has been resident in Spain for 25 years and was unable to vote Remain due to the 15-year disenfranchisement imposed by the UK government.
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...