Expat Money News

Latest 10 news items tagged Money

6 Jul at 6 PM 2020

Expat retirees in Spain warned over cold calling internet scam

British expats living in Spain are at risk from scamming cold-callers originating in Indian call centres. Yet another internet scam is targeting British expats living, retiring or working in Spain’s Costa del Sol region. The cold-calling crooks pretend they’re from Microsoft as regards fixing a non-existent computer issue. Many thousands of expatriates are receiving the calls, which either claim the recipient’s Windows programme is an illegal copy or it’s infected with a computer virus. The expat recipients, mostly elderly...
30 Jun at 6 PM 2020

Expat charity shop owners urge VAT tax relief on their sales

Expat charity shop owners in Spain are fighting to end VAT taxation. The expat owners of two charity shops on Spain’s Costa Blanca are taking on the Spanish government in an attempt to cancel the charge of 21 per cent VAT on all sales. According to David Young, the new president of the Reach Out charity in Torrevieja, the government is raping charitable concerns through its ridiculous Value Added Tax law. The Help at Home charity shop, run by Carmen Perez, is also calling for VAT relief on all sales, and both are urging all Spain’s...
26 Jun at 6 PM 2020

UAE expats on reduced salaries can survive by spending sensibly

Redundant or cash-strapped expats in the UAE can still get by if they adjust their payment habits. Whether you’re affected by redundancy or by your employer’s latest cost-saving measures including pay cuts , a few adjustments can get you through the hard times. Firstly, rental charges in the UAE are usually the major expense for expats, but an exploratory meeting with your landlord and a plea for clemency might just get you a rent reduction until you can find a new, better-paying job. If your landlord isn’t impressed, the next...
25 Jun at 6 PM 2020

Expats arriving in Cambodia are due for an unpleasant surprise

If you’re thinking of heading to Cambodia for a short break or for business reasons, this might be the time to delay your trip! According to a statement by the Cambodian government, all travellers entering the Southeast Asian country must pay a $3,000 deposit either by card or in cash. The money will be used for Covid19 service charges, and new arrivals will also require travel insurance cover of no less than $50,000. In addition, arriving passengers will be charged $5 for their transportation to a local testing centre plus a $100...
25 Jun at 6 PM 2020

British expat presents petition to help jobless starving elephants

One concerned British expat living in Thailand has petitioned the government over the plight of jobless elephants. It’s not just human workers in the Thai tourism sector who’re suffering from the lack of visitors due to the pandemic, it’s also the thousands of elephants from the now closed attractions so popular with visitors. From the northeastern provinces’ elephant camps through Chiang Mai’s many elephant-based shows, no tourists means no money and no food for the elephants and their handlers. Those concerned about...
25 Jun at 6 PM 2020

Thais and expats scammed by Hua Hin British property developer

Expats and Thais scammed by illegal British housing estate developer. Thailand’s Department of Special Investigation is examining five Moo Baan housing estates developed by an illegally working British expatriate. The developer was claiming ownership of the housing complexes in the popular beachside town of Hua Hin via a Thai nominee, but was in violation of Thailand’s foreign business laws and evading taxes by failing to obtain a special permit. The investigation was the result of complaints by at least 18 foreign and Thai...
25 Jun at 6 PM 2020

Redundant British expat professionals forced out of Dubai

Is this the end of the Dubai dream for expat professionals? Prior to the pandemic, Dubai was the dream destination for expat professionals looking to earn big money and enjoy the glittering city’s luxury lifestyle without financial worries. Nowadays, it’s a totally different story as the same expats, now unemployed, are holding fire sales of their possessions and planning a fast repatriation to the home country. Due to the lockdown, everything’s for sale including cars, subscriptions to gyms, furniture, electrical goods and...
8 Jun at 6 PM 2020

Expats worldwide should take up the banner of anti-racism

It seems the fight to end black xenophobia in the USA is now being mirrored in other countries worldwide. The massive and much-needed outbreak of anti-racist protests in the USA has been long in coming and there’s, as yet, no way of predicting whether or not it will be successful, at least until a hopefully new president is elected in November. America’s war against what used to be called ‘colour prejudice’ has been going on for several hundred years, ever since the horrors of slavery were acknowledged by the few and finally...
29 May at 6 PM 2020

Low cost airlines attracting expat fury over delayed refunds

British expats on Spain’s Costa del Sol and Costa Blanca are furious three low-cost airlines are making them wait for refunds. As the British government is being urged to help the many thousands of passengers get refunds for their cancelled flights, outrage is spreading across the Spanish Costas. A Which survey has revealed only 14 per cent of easyJet passengers were sent refunds within a seven day period, with some 63 per cent still waiting for their money. British Airways clients fared slightly better, with 23 percent of...
29 May at 6 PM 2020

Locals and expats in Venice rejecting a return to mass tourism

Expats and locals in Venice are hoping the city doesn’t revert to wall-to-wall tourism. Along with other world favourite tourism destinations, the historic Italian city of Venice is almost deserted as the pandemic runs its deadly course. Tourists are banned and the streets are almost empty, showing the glorious, ancient buildings in all their magnificence. As in so many other cities all across the world, life in a dedicated tourism hub has caused many expats and residents to flee to either the outskirts or other nearby small towns....