Expat Working Abroad News
Latest 10 news items tagged Working Abroad
20 Nov at 6 PM 2013
As part of his Autumn Budget Statement the UK Chancellor is expected to announce that overseas nationals and British expats will be charged capital gains tax on UK property sales.
The tax raid due to be announced by George Osborne was revealed by Deputy PM Nick Clegg, and was originally aimed at wealthy foreign buyers of luxury London properties, a trend which has seen house prices rocket amid fears of a housing bubble. Thousands of expats who live abroad but have kept their UK homes are expected to be caught in the tax net should...
13 Nov at 6 PM 2013
According to a major investment bank, the traditional expat life for senior executives abroad is shrinking fast as assignment become shorter and perks are cut.
Investment experts at Coutts Asia and Middle East are having to deal with executive-level clients’ complicated tax planning as assignments diminish from decades to a few years and rewards are slashed. Shorter contracts are now the norm, with countries such as Singapore now preferring to employ domestic staff.
Expats working abroad
are increasingly unable to commit to a...
16 Oct at 6 PM 2013
Most children of expats working abroad
are sent to local international schools, but boarding schools in overseas location may have their advantages.
Wherever in the world you’re living, expat life gives you a unique chance of becoming a true global citizen, but deciding on the best education system for your children can be a strain. Many expat workers on shorter-term contracts in exotic locations prefer to send their youngsters to boarding schools in their home countries, especially if the location is less than safe or very remote...
11 Sep at 6 PM 2013
Expats planning on returning to the UK after a working stint overseas are falling foul of lenders who refuse to grant mortgages until they’ve been home for several years.
The mortgage companies’ stance is connected with the fact that expats who’ve been abroad for number of years no longer have a financial track record in the UK. It’s bad news for British citizens who’ve chosen to work abroad
in order to save a large enough deposit to enable them to climb onto the housing ladder.
Mortgage lenders invariably check...
3 Jul at 6 PM 2013
A statistical survey by Immigration New Zealand has shown that the number of UK applicants for its working holiday visa has soared by 13 per cent.
During the first five months of 2013, a 13 per cent increase over last year in the number of young people applying for the 23-month visa has resulted in over 4,400 people receiving the coveted working holiday entry permission. The visa allows travelling, working and living in New Zealand, giving an opportunity to test the waters and even find a permanent job and sponsor.
1 May at 6 PM 2013
According to figures issued by Spain’s National Statistics Institute, the total population of the country has fallen for the first time in 150 years.
As Spanish unemployment soars to over 26 per cent and the country’s economy staggers, a total of 206,000 residents have given up and left. According to the figures, the entire drop represents foreign residents leaving the country.
From the year 2000, Spain experienced a rapid rise in its immigrant population, mostly fuelled by migrants from Spanish-speaking countries in South...
1 May at 6 PM 2013
HSBC Expat, the compilers of the largest expat survey in the world, are calling for expats from all over the globe to take part in their 2013 survey.
Commissioned by HSBC Bank International, the survey covers just about every expat experience of living and working overseas
. It paints a global picture of expat life in all its stages, pointing out the difference and diversity of the hundreds of expat destinations across the planet.
The results are a compilation of expat views on quality of life, raising a family overseas and all...
7 Mar at 6 PM 2013
Many UK expats working abroad
intend to return home after their contracts end, but are unable to do so due to banks and building societies refusing their mortgage applications.
Mortgage brokers are snowed under with applications from expat workers wishing to buy into a UK home once their contracts are finished. Enquiries have doubled due to traditional mortgage providers refusing loans to applicants who have no recent financial history in the UK.
CEO of Springtide Capital Henry Knight is surprised that so few lenders will consider...
1 Mar at 6 PM 2013
Following on the success of Canada’s Irish-Canadian Immigration Centre, Moving2Canada is introducing a job-search agency to connect Irish would-be immigrants with Canadian employers.
The service will be aimed at migrants over the age of 35 and families who are ineligible for the Working Holiday one-year visa and need to secure employment before arriving in the country. Applications from workers with engineering or construction backgrounds will be especially welcome.
Moving2Canada’s website encompasses Toronto, Calgary, Fort...
1 Feb at 6 PM 2013
The expanding expat community in Manila and other popular Philippine immigrant destinations has lead to a boom in real estate and the construction of huge numbers of condo blocks.
In Manila, the call for expat-style condo blocks is transforming the city’s skyline, with property investors jumping on the bandwagon and a surge in foreign company start-ups and expansion. Gerry Lane, CEO of Lane Archive Technologies, says his company is investing in industrial as well as residential property as the country’s recent economic performance...