Expat Moving News

Latest 10 news items tagged Moving

18 Apr at 6 PM 2019

San Miguel financial fraud loses expats up to a million dollars

Yet another sad tale of expats being scammed out of their retirement funds shows the issue is still a problem worldwide. The expat community in Mexico’s San Miguel retirement hub is seething with fury as the story of how they were scammed by a well-known personal banking representative breaks. Representative Marcela Zavala Taylor, well known and liked in the community, was the local agent for Grupo Financiero Monex Bank in the region, with her clients trusting her with their pension pots and savings due to her promised high...
16 Apr at 6 PM 2019

UK expat professionals warned to check their occupational pensions LTA limits

British expat professionals in the UAE may be at risk of breaching pensions tax LTA limits. Warnings are being sent out to the estimated quarter of a million expats living and working in Gulf states that their occupational pensions may be in breach of the UK taxman’s LTA limits. Those likely to be affected are in receipt of generous pension schemes such as are offered in the construction, oil and gas and aviation sectors, with those in the energy sector most at risk. According to upscale IFAs in the region, many in the oil and gas...
15 Apr at 6 PM 2019

Planning your financial needs after expatriation

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...
8 Apr at 6 PM 2019

Healthcare insurers taking full advantage of the rise in expat numbers

It seems the much-derided ‘nanny state’ in first world countries is now being replaced by the rapacious private healthcare industry in just about every popular expat destination. 'Private healthcare insurance' is the new buzzword for greedy insurance companies looking to profit from the expat diaspora gathering speed in countries across the world. Private hospitals are springing up like mushrooms in the most unlikely places, staffed by the same medics formerly constrained to public medical facilities dealing with expats as well as...
26 Mar at 6 PM 2019

Is Brexit chaos breeding expat mental health issues?

Leading psychotherapists are concerned the constant confusion over Brexit may impact vulnerable UK expats’ mental health. British expats who took advantage of the EU’s freedom of movement directive to live, work or retire in their preferred European country are first in line for mental health problems, according to several experts in the field. Prolonged uncertainty, a total lack of control and the prospect of being forced to return to the UK after years away can trigger a perfect storm of mental health issues, especially in the...
19 Mar at 6 PM 2019

Bangkok now expat hub for online professional poker players

In spite of the fact that gambling is mostly illegal in Thailand, Bangkok is now being celebrated as a world hub for online poker-playing professionals earning enough money to keep themselves in a manner other expats can’t quite manage. According to media reports, moving to Thailand in order to play poker for a living is the latest fad amongst the expat professional poker-playing community. US pro players choose Thailand due to the sad fact their own country only has three states in which playing for money online is legalised,...
1 Mar at 6 PM 2019

Brit expats in Spain slam May for uncaring healthcare stance

British expats living in Spain are furious with Theresa May for her total lack of concern over post-Brexit healthcare. With just 29 days to go until the UK leaves the EU, British residents in Spain suffering chronic medical conditions are voicing their fears and disgust at the British PM’s attitude. With a no-deal Brexit still a strong possibility, May’s warning that British nationals may need to pay for their medications and treatment after March 29 has caused a storm of fury from those who may be affected. Although the...
13 Feb at 6 PM 2019

EU expats prefer Scottish cities over anywhere else in Europe

In a recent survey of European expats’ most liveable cities, Edinburgh and Aberdeen came out on top, with not a single English city featured in the global top 20. Scotland’s capital just made it into the top 20 at 19th position, whilst Aberdeen just missed, coming in at 21st. For both Scottish cities, their liveability ratings were boosted by high levels of personal security and less air pollution, but the main reason for their success was their existing expatriate communities.It’s well-known that would-be expats find adjusting...
31 Jan at 6 PM 2019

Hints on helpful websites for new expat arrivals in France

Becoming an expat is a challenge, especially as regards the twin hurdles of bureaucracy and total confusion as regards getting everything sorted. France has always been a favourite destination for British expats, drawn by the culture, the cuisine, the clement weather and the laid-back lifestyle, all of which combine to confuse brand new arrivals however tempting they may sound. Fortunately, especially when dealing with French bureaucracy, the internet is every newly-arrived expat’s best friend with its literally hundreds of online...
30 Jan at 6 PM 2019

How will EU expats in the UK cope with a post-Brexit world?

What’s in store post-Brexit for EU expatriates living and working in the UK? Whilst the media focus of Brexit effects has centred on the needs of British expats living in EU member states, Britain’s divorce from the EU will also affect European expats in the UK. For those who haven’t already left or are planning to relocate once Brexit is a done deal, the future could well be as fraught as that experienced by UK expats in Europe. In addition, the immediate disruption caused by Brexit is likely to discourage Europeans from...