Expat Emigration News
Latest 10 news items tagged Emigration
9 Aug at 6 PM 2019
As British property prices fall due to the threat of a no-deal Brexit, many UK expats might be tempted to invest in a buy-to-let as a backstop for future residence if they’re kicked out of their present locations.
One worry for those who’ve led a less than organised life prior to emigrating
is the possibility of a prerequisite for a UK credit history as part of their mortgage application. The simple answer is a reassuring ‘no’, although a good credit record might be of use in getting a better deal as regards interest rates,...
28 Jun at 6 PM 2019
John and Kathy Elliot’s charity drive from southwestern France to the Derbyshire town of Buxton in a vintage tractor has been a total success!
The pair’s 900-plus km journey in their reconditioned vintage farm tractor was undertaken to raise money for research into Motor Neuron Disease after a close friend died of the distressing condition. Their 1957-vintage tractor has a top speed of around 15 miles per hour, with the journey taking 78-year old John and his 76-year old wife two full weeks of travel at an average of 100kms a day....
26 Jun at 6 PM 2019
Only one in every three British expatriates living and working in the UAE have the intention of eventually returning to the UK.
As the result of a survey based on British expat intentions regarding a return to the UK shows, the message is now loud and clear – no way! Almost 75 per cent of Gulf-based respondents are either somewhat or very concerned over the effects of Brexit on the UK economy and the lives of its resident citizens. The conclusion is obvious – a good selection of Britain’s brightest and best is more than happy...
25 Jun at 6 PM 2019
For those looking to become expats, one of the first and most important issues is the cost of living in the chosen country.
Nowadays, social media and the internet in general is crammed with articles aimed at would-be expatriates, with most if not all extolling the virtues of this, that or another country based on its cost of living. Few mention the fact that costs of living depend on just one thing – the desired lifestyle of those emigrating
. The decision on how to live, not on how much will be needed to live like you’ve just won...
11 Jun at 6 PM 2019
South Africa’s new tax laws are forcing expats to cut financial ties with the home country.
Reports that financial emigration
has risen by 30 per cent in the past two years have confirmed the effect on high earning South African expats of the new tax rules about to be brought in. From March next year, South African expats working overseas will pay up to 45 per cent tax on annual earnings of over one million rand. The first announcements of the upcoming change started the financial exodus as South African expat professionals rushed...
10 Jun at 6 PM 2019
An Irish expat couple who first emigrated to Australia 10 years ago are about to be deported because their three-year old son has cystic fibrosis.
Anthony and Christine Hyde came to Australia in 2009 and settled in Seymour, Victoria, where their son Darragh was born. At the time of his diagnosis of cystic fibrosis, the couple were applying for permanent residency, but were refused as his potential treatment would represent a burden for the state’s taxpayers. His parents appealed the decision, with a hearing last month finding the...
6 Jun at 6 PM 2019
US expats living in France who were born in the USA and emigrated as young children are up in arms and demonstrating against FATCA.
Some 300,000 ‘accidental Americans’ as they’re now known, live and work in France, and are all liable for US taxation, even if they left their place of birth as tiny babies. Protest groups are now forming across Europe as well as in France, in protest against the sheer unfairness of FATCA and its affect on their lives. A recent report by French lawmakers demanded more should officially be done to...
21 May at 6 PM 2019
It has to be said that not all British expat retirees want the stress of learning Spanish and adjusting to a different culture.
Expat retirement for many UK citizens isn’t about a totally new language and lifestyle, it’s simply about a better climate enjoyed amongst other like-minded Brits in a supportive community. As a result, a number of Spanish towns and villages have found themselves becoming Little Britain, a home from home for a sizeable number of expats. Whether or not more conventional expatriates agree with this stance...
18 Apr at 6 PM 2019
Of all the expat diasporas going on at the moment, perhaps that of the ‘filthy rich’ tells the most tales.
Much is written and read about the reasons behind the ever-increasing expat diasporas, with reasons given including a cheaper cost of living, better weather, more career opportunities, a comfortable retirement or just a wish to see the world. A recent survey focused on the preferences of the one group which rarely gets a mention – the planet’s 14 million high net worth individuals often referred to as the ‘filthy...
15 Apr at 6 PM 2019
Managing money as an expat can be totally different than the same task back in the home country.
More than ever before, emigration
is now the goal of professionals looking to catapult their careers into the top echelon with financial benefits to match. In addition, digital nomads are indulging their dream of travelling the world, using their online expertise to pay the bills as they go. Even retirees are now choosing far-flung destinations with cheaper costs of living and far better weather than at home. All three expat categories...