Expat Working Abroad News

Latest 10 news items tagged Working Abroad

29 Jan at 12 PM 2015

DeVere introduces mortgage advice sector for expats

DeVere Group has launched a special mortgage division for expats after increased demand from clients who live overseas. The independently-run sector, DeVere Mortgages, will offer advice on properties abroad, buy-to-let equity release and tax optimisation from rental income. The group said it wants to increase its mortgage-related business by as much as 300 per cent over the course of the year on the back of the launch. Head of the company’s East Midlands branch, Mitch Hopkinson, who will oversee the division, explained that even...
22 Jan at 12 PM 2015

Expat Sri Lankans win the right to vote

Sri Lankans living overseas will now be permitted to vote in their country’s polls in further changes made under President Maithripala’s Sirisena’s new regime. The last Sri Lankan elections were held on 8 January, but expatriates, of whom there are an estimated 1.7 million, were not allowed to cast their ballots. However, under the new regime arrangements are being made to rectify the situation and allow them their votes, according to the Muslim Tamil Alliance leader and former deputy mayor of Colombo, Azath Salley, who is...
5 Jan at 11 AM 2015

Sri Lankan expat workers must show passports before casting vote

Migrant workers from Sri Lanka who are returning to the country for the elections will be made to show their passports and National Identity Cards (NICs) before being allowed to cast their votes, announced an elections official. By showing their passports, officials will be able to determine the date and time migrant workers returned to their homeland and, therefore, learn if they got back after the relevant Grama Niladharis (public officials) carried out the registration process, according to Additional Elections Commissioner M.U....
23 Dec at 3 PM 2014

Online survey names Ecuador as best place for expats

A survey of over 14,000 expats in 160 countries has ranked Ecuador as the best place in the world to live in terms of factors such as finances and overall quality of life. The survey, which was carried out by online community website InterNations, also quizzed expats on family life, making friends, how easy settling into life in a country was, and overall satisfaction with life abroad. Ecuador was named the best country for expats, followed by Luxembourg and Mexico. Other notable names in the top 10 were the US, Singapore, Australia...
15 Dec at 11 AM 2014

Activists criticise Philippines over beheading of expat in Saudi Arabia

Activists have condemned the government of the Philippines for failing to do more to save a national who was executed in Saudi Arabia after being convicted of murder. Carletto Lana was beheaded in the capital Riyadh on Friday after being found guilty of shooting a Saudi man before running him over in a car. However, advocacy group Migrante International, has insisted President Benigno Aquino’s government should have done much more to defend their citizen. The group, which supports the millions of Filipinos working abroad, said that...
5 Dec at 10 AM 2014

Expats will not lose their tax breaks

Brits working abroad received some good news on Thursday after it was revealed that they would still be allowed to claim their personal tax allowance. Chancellor George Osborne said in March during his budget statement that the only people who may be able to retain their personal allowances in the future would be non-residents with strong economic ties to the UK, meaning how much income they could earn in the UK from a property or a pension before tax had to be paid. For the tax year of 2014/15, that level was at £10,000 per...
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...
15 Sep at 6 PM 2014

Scots expats missing out on momentous independence vote

Scots living or working overseas can only watch from the sidelines as the crucial independence referendum threatens to change their home country for ever. Hundreds of thousands of expat Scots are forbidden from making their feelings known about potentially their home country's most momentous decision in several centuries. According to many, watching and holding strong views but unable to make them heard is agony. Confusion, frustration and even homesickness predominate in Scots living in England, Europe or even farther afield, all...
4 Sep at 6 PM 2014

UK pension revolution sees annuity sales fall by 50 per cent

The biggest change in UK pension legislation in almost a century, slated to result in significant losses for product providers and FAs, is already triggering a massive fall in annuity purchases. The new rules won’t come into effect until April next year, but a huge slowdown in annuity sales is already being reported. Previously, retirees forced by law to convert their pension pots to annuities were unwittingly locked into unsatisfactory deals, bringing accusations of rip-offs and mis-selling. The product and its compulsory...
3 Sep at 6 PM 2014

UK Tory party pledges end to expat 15 year disenfranchisement

In their manifesto for the 2015 general election, the Conservative Party has announced it will scrap the unpopular rule preventing expats who’ve lived overseas for over 15 years from voting in UK general elections. Britain is one of few EU member states which enforce disenfranchisement for expat citizens, with the rule causing anger and resentment amongst many UK expat communities. Retired citizens living overseas believe that their contribution to their home country over their working lives entitles them to have a lifelong say in...