Expat Working Abroad News

Latest 10 news items tagged Working Abroad

25 Apr at 6 PM 2017

How to avoid common expat financial mistakes

Wherever in the world you’re planning to go and whatever your financial status, there are common money-related mistakes made by almost all expats when they move overseas. Obvious financial must-haves and must-do’s aren’t included here, as most expats are aware of the need to save as well as spend, plan for retirement and allow for unlooked for medical emergencies by having private insurance. Unfortunately, ignoring the less obvious errors of judgement can easily lead to money problems for even the most careful expatriate....
14 Apr at 6 PM 2017

US expats in UK living in fear of IRS discovery

An accountancy firm working with US expats living in Britain has revealed a strong increase in the numbers of Americans declaring UK assets to the IRS for the first time. Fears of a Trump crackdown on the amnesty declared by former President Obama would seen to be the reason for a 75 per cent increase in the number of US expats coming forward this year. The amnesty, introduced in 2012 and known as the Streamlined Filing Compliance Procedure, was intended to entice US taxpayers back into the net without their incurring drastic...
22 Mar at 6 PM 2017

Expatprenuers set new trend in Asian business hubs

For expats looking to work overseas, there’s a whole new culture developing, especially in Asia, in which the focus is on informal expat start-ups rather than corporate postings with all the trimmings. Traditionally, becoming a working expat involved relocation to an overseas subsidiary of a multinational Western company, with fixed term contracts and financial packages on hand to ease the transition. Nowadays, a new breed of ‘expatprenuers’ are journeying to the same destinations and starting up their own businesses, helped by...
21 Mar at 6 PM 2017

Expatriate success depends on personality traits

The personal qualities needed to become a successful expat may not be obvious at first, but a recent study stresses the importance of self-evaluation before making the decision to relocate. Deciding to take an overseas assignment in order to earn more, improve future career prospects or simply to experience living and working in an unfamiliar location isn’t just a matter of finding a suitable job abroad. According to a new study, taking the opportunity seriously involves self-examination as to whether you’ve the right priorities...
20 Mar at 6 PM 2017

US expatriates urged to embrace political involvement

In this unique and hopefully brief period of American political history, US expats living and working overseas could be forgiven for thinking their democratic rights are valueless as no-one wants to know about their fears and feelings. Moving overseas for work or retirement is no reason to simply abstain from exercising your rights and giving your opinions about today’s unfamiliar state of the nation. However powerless US expatriates may be feeling, this is definitely not the time to close your eyes and shut your ears to what’s...
9 Mar at 6 PM 2017

Female expats may find Malta disappointing

Although it’s popular with male expats as regards its employment opportunities, Malta is underwhelming a good number of expatriate female professionals. The results of the recent InterNations expat survey awarded Malta 11th place in the countries listings, but the historic island is slower to tick the boxes for female expats. Although both sexes are reasonably content with the island’s lifestyle, job security and overall career opportunities, many female expatriates seemed unhappy with their work/life balance. Respondents of both...
22 Feb at 6 PM 2017

Didi to offer expat aimed English language ride sharing app by summer

Expats in China who were devastated when Uber removed its English language interface after its sale to Didi can take heart that ride-sharing will again be a reaiity in the near future. Some three months after Uber was taken over by Didi Chuxing, its English language interface, ability to work overseas and option to pay with credit cards issued by foreign banks were all removed from the app. Expats in China were left with no option but to struggle with the Chinese language whilst getting lost courtesy of Chinese taxi drivers or local...
22 Feb at 6 PM 2017

Expat property investors routinely rejected by UK mortgage brokers

At a time when sterling is falling against a basket of foreign currencies, British expats wishing to invest in UK property are being routinely refused mortgages. The recent sharp rise in interest in UK properties by British citizens working overseas is being fuelled by the falling pound and is resulting in increased interest in cheaper areas outside the capital. However, the opportunity to invest is being stymied by the difficulty of obtaining mortgages for buy-to-let real estate in the UK. Enquiries from overseas buyers including UK...
2 Feb at 6 PM 2017

Irish construction boom prompts pleas for expat workers to return home

Following its forecast of a building boom between now and 2020, the Irish Construction Industry Federation (CIF) is urging expat construction workers to return. During the 2008 financial crash, Ireland saw a mass migration of teachers, medical staff and construction workers seeking new jobs, new lives and higher wages in destinations across the world. New Zealand was a favourite for construction professionals, especially during the still-ongoing rebuild of Christchurch after the devastating earthquake in 2011. The CIF’s...
9 Jan at 6 PM 2017

Expats and retirees paid in sterling feel exchange rate pinch

The shocking decline in the value of the pound sterling against major currencies is hitting UK expat pensioners as well as expats working overseas and being paid in sterling. The majority of UK expats are either retirees drawing pensions originating in the UK or professionals working on overseas contracts including sterling payments. Both groups are now being hard hit by the pound’s spectacular fall against a basket of major currencies. Overall, the currency has dropped 11 per cent over the last two years, but its fall post-Brexit...