Expat Australia News

Latest 10 news items tagged Australia

18 Jul at 6 PM 2018

Brexit job losses may result in soaring emigration

Will Brexit see increased numbers of Brit moving overseas for work? As next March creeps closer and governmental chaos ramps up still further, an increasing number of industries are now planning their exit strategies. Sadly, the ‘green’ sector is one which is convinced leaving the UK is the only way forward in spite of the spectre of massive job losses for its UK workers. Should the worst happen, where in the world will the jobless decide to go? At the present time, the top three most popular destinations for expat job-seekers...
18 Jul at 6 PM 2018

Brit expat arrested at airport for 2004 burglary

A Brit expat convicted of burglary 14 years ago was arrested on his return to the UK for his uncle’s birthday bash. Some 14 years after the burglary and now married with a child as well as his own construction business in Australia, Lloyde Walmsley decided to fly back to the UK to attend a surprise birthday party given for his uncle. On arrival at the airport, his past finally caught up with him and he was arrested by West Midlands police. Sentenced to 12 months’ community service, he was told he could not return to his family in...
18 Jul at 6 PM 2018

Saudization versus statistics confuses Saudi jobs market

Saudi lawmakers’ attempts to strengthen and streamline the labour market are failing. New rules and regulations have failed to solve problems and are unsupportive of the much-publicised drive towards full Saudization, with different measures required if new job opportunities are to be created for local workers. A new approach is needed, focused on on-the-job training as well as ensuring Saudi nationals’ rights to employment and their fitness for the job. Employment security and opportunities for promotion are also essential, and...
17 Jul at 6 PM 2018

Global expatriate totals to hit at least 87 million by 2021

By 2021, the total number of expatriates scattered across the world is expected to reach over 85 million. Expatriation in the present day is a far cry from its 19th century origins, when various wealthy empires sent their representatives to keep the natives down whilst plundering the resources of their lands. Huge numbers of present day expats also have money on their minds, whether it’s to send home to their families or to work overseas for a salary they could only dream of back where they came from. However, becoming an expat...
13 Jul at 6 PM 2018

Dubai expat blocked from remittance due to suspected fraud

Expats living and working in the UAE are being warned by bank officials over transferring money to people not known to them. Armenian expat Donara Sanamyan faced serious difficulties after she’d attempted to help a friend from her home country who’d come for a visit. The friend needed to transfer money back home in a hurry, so Donara agreed to do the transfer for her through her regular transfer agency MoneyGram. The transaction was refused, with no reason given. A few days later, Donara tried to send her regular transfer to her...
12 Jul at 6 PM 2018

Expat exodus from Saudi prompts hiring crisis

The Saudi crown prince’s efforts to drag Saudi Arabia screaming into the modern world are laudable, but seem to be leading to an economic crisis of confidence. Many in the Kingdom see the programme as ambitious but unrealistic, especially those business owners affected by the Saudization plan responsible for a mass exodus of expat labour. Since the end of 2016, some 800,000 foreign employees have left for good and it’s proving almost impossible to get local citizens to fill the job vacancies. It seems the scheme to provide around...
11 Jul at 6 PM 2018

Ensuring your financial plan for retirement is all it needs to be

If you’re planning to retire overseas, making sure your financial plans are adequate is essential. More and more older people are opting for a retirement in a warm, sunny, cheaper destination after having spent their lives working and waiting for an excuse to get up and go. For many, Brexit is that excuse, and increasing numbers of Britons are now heading for popular European expat hubs. Hopefully, the majority have made financial plans for their retirement, as the British state pension isn’t exactly generous. Nowadays, planning...
9 Jul at 6 PM 2018

Expat investors discover Brisbane real estate

Following a tough time in the sector, Brisbane’s real estate market is surging due to demand from expat investors. Over the past year, the Queensland capital has recorded a significant increase in the number of expat property purchasers attracted by bargain prices. Demand has risen by 6.7 per cent over the past 12 months, with real estate agencies reporting the vast majority of purchasers were expatriates. Houses in the upscale districts of Paddington, Indooroopilly and East Brisbane proved the most popular, with those looking for...
4 Jul at 6 PM 2018

China green cards for 12 more top talent expat professionals

Another twelve expats living and working in Shanghai have been given permanent residency green cards. The twelve expatriates awarded permanent residence in China brings the total numbers of green cards given out to outstanding foreign professionals to 85. The scheme began in December 2016 and applies to high-level expat professionals who’ve been nominated by the city’s administrative commission. All 12 are working in the field of semiconductors and comprise seven US citizens along with Australian, Malaysian, German and Canadian...
3 Jul at 6 PM 2018

Kuwaiti government drops plan to tax expat remittances

The proposed remittance tax to be applied to expats sending money abroad has now been rescinded. Much to the relief of Kuwait’s huge expat community, the government has announced it’s dropping the controversial remittance tax scheme believed to be yet another example of Kuwaitization at the expense of the vast majority of expat workers. Sources say the proposed tax would have been harmful to the emirate’s economy by forcing an exodus of much-needed manpower and working as a deterrent for foreign investment. The government is now...