Expat Money News

Latest 10 news items tagged Money

17 Feb at 6 PM 2020

N26 online bank dumps 200,000 British expat clients due to Brexit

Expats in Spain face the closure of their digital N26 UK bank accounts due to Brexit. Several hundred thousand British expats living in Spain but banking in the UK with the digital N26 bank are being forced to close their UK accounts and are struggling to find suitable alternatives. Based in Germany and operating as an online banking service for expatriates, N26 has only operated within the British expat community for 18 months. The service became very popular within the UK expat community as its money transfers were easy and...
12 Feb at 6 PM 2020

Tips for expats selling their Spanish properties

If you’re thinking of selling your home in Spain, what’s the best way to get the best price? Whether you’re selling your Spanish property in order to move back to your home country or simply because you need a change of scenery, getting the best price can be tricky. Resident expats in Spain’s Costa del Sol are aware that selling takes time as the region basically caters for those wanting a holiday home rather than a long-term base, whilst real estate agents in the region often recommend taking the first offer, providing it...
7 Feb at 6 PM 2020

Expats slam British government over unsatisfactory response to Wuhan coronavirus

British expats’ anger over the UK’s unsatisfactory response to the Chinese coronavirus epidemic is growing day by day. Given that the general opinion about Britain’s consular help for its overseas citizens is considered unsatisfactory on a good day, it’s no surprise that expat reactions in China are now bordering on fury after reading the UK government’s suggestions as regards leaving the heart of the infection. Many long-stay expats now have Chinese wives and young children, and have been left to decide whether they should...
7 Feb at 6 PM 2020

Iceland dumps gender gap pay rates

How does the gender gap affect female expat pay scales? The gender gap as regards average pay and benefits for male as against female employees is a present-day scandal unlikely to be solved soon, but how does it affect expat women looking to further their careers overseas? Relocating abroad to an unfamiliar country is a huge decision on its own merit, without having to consider affordability on a salary that’s lower than its male equivalent. One major expat survey recently released its findings on this thorny question, stating that...
4 Feb at 6 PM 2020

New Year new rules for expats in Germany

For British expats already settled in Germany and those about to arrive in their new country, each New Year invariably brings in new rules. Most European countries seem to start the new year with a raft of new or amended laws, but expats whose German is rudimentary at best might find the German versions difficult at best and indecipherable at worst. Some are simply minor changes, but a few could cause issues if ignored. For example, Germany’s Bahncard 100 already saves expats' money on travel, and has been 10 per cent cheaper...
23 Jan at 6 PM 2020

Thai international school donates to Filipino evacuees after volcanic eruption

Expat and local pupils as well as their teachers at a Bangkok-based international school are getting together to encourage donations to help the Filipino communities evacuated due to the Taal volcanic eruption. Thailand has its own versions of natural calamities, but has luckily been spared the fatal attention of the dozens of volcanoes located along the Pacific Ring of Fire. Even so, hearing of the evacuations of so many Filipinos due to the Taal volcano’s eruption, both Filipino teachers and their multinational pupils got together...
16 Jan at 6 PM 2020

Expat driving licenses and Kuwait residency permits now automated

Following the successful introduction of online driving permit renewals, Kuwait is planning to extend the facility. According to a source, since the programme’s launch in November last year, a total of well over 17,000 residents including expats have applied online, been accepted and have collected their licenses from machines set at two malls and the Ministry of the Interior’s service centres. Fines for violation can also be cleared at the locations, and a similar service is set to offer new licenses, licenses for learner drivers...
13 Jan at 6 PM 2020

Support for Royal Family wanes amongst UK expats in Spain

UK expats in Spain are calling for a referendum vote on the British monarchy. Even although they’re no longer living in the UK, British expats all along the Spanish coastline are dismayed and angry about the current state of the British monarchy. Headline, online and TV media news items have captured expats’ attention ever since the recent sex scandal involving Prince Andrew’s connection with convicted paedophile Geoffrey Epstein. Both supporters of the monarchy and those who deride the institution well remember the bad...
6 Jan at 6 PM 2020

Japanese managers stressing out over expat professionals

If you’re working as an expat in Japan, you may be stressing out your Japanese manager. Over the past several decades, the numbers of Western expat professionals working in Japan for local companies have seen a significant increase.Japan’s relaxation of its formerly strict visa rules for skilled foreign professionals was originally aimed at combating the country’s falling birth rate and resulting shortages of labour. However, it seems encouraging Western immigration is having a less than positive effect on the Asian tiger’s...
27 Dec at 6 PM 2019

Spanish police warn lone expat females over online romance scam

British expat women living in Spain are being warned over an online social network scam. Spanish National Police are warning women expats in the country about a scam targeting Facebook users. Over the past few months, police have become aware of multiple cases of an online-based scam aimed at single female expats as well as local women. To date, thousands of euros have been lost to the same gang of tech-savvy criminals based in the country. The gang’s modus operandum is to target vulnerable females and establish romantic online...