Expat Euro News

Latest 10 news items tagged Euro

14 Dec at 6 PM 2018

Brit expat community in Mijas forms Brexpat association

British expatriates living in Mijas, Spain, have started a Brexpats group with regular meetings aimed at discussing their concerns and fears. In the Spanish Costa del Sol town of Mijas, almost 20 per cent of residents are British expats, drawn to the region by the sunshine and the dream of a peaceful retirement – at least until the Brexit referendum result shattered their plans. Expat resident Meryl Elmusrati purchased her property in 2015, but just as she felt she’d settled in to her new life, the referendum result changed...
12 Dec at 6 PM 2018

Would-be expat couple lose everything due to minor mistake

One easily-made financial error has wrecked a retired would-be expat couple’s dream. Even with warnings plastered across expat-aimed online media sites about the risk of losing pension pots to financial scammers, it seems it’s also far too easy to lose a lifetime’s savings to a company fully registered with the UK’s Financial Conduct Authority. One retired couple hoping to relocate to Portugal found this out the hard way after making just one small but crucial error. The now defunct and infamous FCA-approved online...
12 Dec at 6 PM 2018

Where to go to make your expat New Year resolutions succeed

As the old year staggers to a close, where are the best destinations for fulfilling your New Year resolutions? New Year resolutions almost always mirror deficiencies in the previous year’s performance, whether in health, love, money, business, social life and relationships or the lack of them. From expat professionals through retirees to digital nomads, entrepreneurs, students and even trailing spouses, everyone who’s living overseas or planning to emigrate pledges to improve at least one aspect of their lives in the New Year....
11 Dec at 6 PM 2018

Expat and British top talent leaving the UK in droves due to Brexit concerns

In spite of May’s rights guarantee to EU expats in the UK, record numbers are exiting Britain due to the continuing uncertainty. Expat workers in the UK are giving up on hoping for a miracle and voting with their feet by quitting their jobs and leaving. Many came to the UK hoping to settle down and progress in their careers, but are now giving up and finding uses for their talents in companies based outside the UK. Net immigration to the UK is now at its lowest ever point, and sterling is continuing to fall, even whilst Theresa May...
10 Dec at 6 PM 2018

British expats in Europe given new hope by EU court decision

The decision rendered Monday by the European Court of Justice states unequivocally that the UK can unilaterally end the formal process leading to Britain’s exiting the EU. The ECJ sided with advice given by its leading legal officer, who told the media late last week he believes Britain has the right to stop Brexit without referring to the 27 EU member states for their agreement. According to the UK’s Press Association, article 50 can now be crushed before Theresa May’s withdrawal agreement comes into force. May is not expected...
7 Dec at 6 PM 2018

Fouchet files appeal on dismissed Shindler case, asks for expat support

The French barrister whose Schindler court case was dismissed by the EU’s general court has now filed an appeal. Fouchet’s argument that disenfranchised British expats unable to vote in the Brexit referendum are already being strongly affected by Brexit was rejected by the EU court, which took the position that, as Brexit hasn’t yet happened, it isn’t possible for Brit expats subject to the 15-year rule to feel any negative effects as their rights are still being conferred. Fouchet told local English language media he’s...
7 Dec at 6 PM 2018

New warning estimates hundreds of thousands of returning British expats will wreck the NHS

Government officials are warning a no-deal Brexit will result in hundreds of thousands of British expats flooding back to the home country. According to the UK’s Office of National Statistics, some 800,000 British citizens are living in European Union member states, with 25 per cent over retirement age and around 60,000 aged 15 or younger. A recently-released policy statement from the UK’s Brexit department stated all returnees would be entitled to welfare payments, schooling and housing as are all British citizens living in the...
6 Dec at 6 PM 2018

Omanization bites as expats leave, but Golden Visa scheme unlikely to succeed

The introduction of Oman’s visa ban and its recent extensions seems to have encouraged unemployed locals to get jobs, but Oman‘s new Golden Visa scheme doesn’t allow expat citizenship. The aim of the expat visa ban was to vastly increase available jobs for Omanis as the emirate’s unemployment figures were at an all-time high. Since the visa changes were announced, the expat labour force has shrunk by four per cent, with the majority of drops seen in the financial, engineering, manufacturing, industrial and construction...
6 Dec at 6 PM 2018

Is medical tourism worth the hassle for expats?

Given that private healthcare almost anywhere is far cheaper than in the USA and often a deal cheaper than in the UK’s failing NHS, is it really worth shopping around for necessary operations? In the USA, commonly-performed operations such as knee transplants cost between $35,000 and $50,000, with the UK equivalent costing from around £12,000 to £15,000, still a hefty charge for pensioners and those earning basic wages. Websites offering medical tourism at a far lower price are tempting, but often the hype doesn’t match the...
6 Dec at 6 PM 2018

Multiple Golden Visas now essential for the ultra-wealthy

Is global citizenship now a must-have for wealthy expatriates? Paying anything from a reasonable amount to a small fortune for a second passport, residency and citizenship in a country you’ve never even visited now seems to be the must-have accessory for expats as well as wealthy nationals of slightly politically unstable world countries. So much so that multiple Golden Visa passports are more desirable than just one as they brand the owner as worldly, interconnected and a contact to be cherished by those less fortunate. Practically...