Expat Property Abroad News

Latest 10 news items tagged Property Abroad

17 Jan at 6 PM 2020

Kampot to host full China/Cambodia military exercises in March

Expats in the Cambodian city of Kampot are being warned of an upcoming Cambodia/China military exercise in the locality. The so-called Golden Dragon Military Exercise will take place in March and will involve some 2000 military attendees as well as an impressive selection of weapons of war. Held at the province’s Techo Sen Chum Kiri Military Institute under the odd title Counterterrorism and Humanitarian Relief, the drill will be the fourth in the province over the past four years. According to local media, the training...
17 Jan at 6 PM 2020

For wealthy expats, Moraira is Spanish heaven

For those with unlimited cash, this smaller, exclusive Costa Blanca municipality is the place to be. Spain is mostly rated amongst would-be British expats as a cheap-as-chips hideaway featuring inexpensive accommodation, British food and endless sunshine. For those who can easily afford to be more selective, the jewel in the Costa Blanca crown is the small conurbation of Moraira. This sun-baked little town now has the highest secondhand home property prices in the entire region at around €2,800 per square metre. For those...
15 Jan at 6 PM 2020

Bad news gets worse for scammed expat investors

A further 100,000 pension savers are expected to have lost around £10 billion due to scams, with few realising they’re bereft of all or most of their retirement cash until it’s too late. At the present time, it’s believed over 100,000 pension savers have lost all or most of their investments after falling for smooth-talking IFAs, and it’s not just those resident in the UK who’re suffering. For several decades, British expats either working or in retirement in destinations ranging from European member states to as far away...
14 Jan at 6 PM 2020

Protecting your French home during the winter months

Although France’s hot and sunny summers are a major attraction for British expats escaping the UK’s dull, wet days, not all new arrivals realise the French winter can be very cold. From France's northern region to the sunny south is quite a distance, causing significant differences in temperature, especially from the last week of January to early March. As a result, French homes need preparation before the chill sets in, especially if expat owners are leaving them empty for a while. Just as in the UK, frozen or burst pipes are...
10 Jan at 6 PM 2020

Expats in Amsterdam urged to watch out for rental scams

Dutch public prosecutors are recommending an Amsterdam court should jail a conman accusing of scamming foreign students and expats. Amsterdam’s prosecution department are now aware of a further 41 complaints against a fraudster who was first arrested two years ago for the same scam. Posing as a real estate rental agent, Mohammed Malik offered rentals via Facebook using many false names, taking expats on viewings and demanding a deposit, commission and one month’s rent. Victims were later informed the rental couldn’t be done just...
9 Jan at 6 PM 2020

Expats warned over budget prefab homes on rustic land in Mallorca

Expats arriving in Mallorca are being warned about erecting or purchasing prefab homes on rustic land. Mallorca may not be as famous as its neighbour Majorca with established and would-be British expats, but circumspection and double-checking are recommended on both when buying a budget-priced home on rustic land. Rustic lands are those legally protected by local authorities and any moveable property found will be removed unless the area has been officially authorised by urban planning departments. To date, Mallorcan authorities...
9 Jan at 6 PM 2020

Telling it like it is for post-Brexit Brits in Spain

Expert advice is laying out the post-Brexit situation for British expats living and working in Spain. Of all the concerns felt by British business-owners and expat employees in Spain, taxation post-Brexit is a major issue. On the positive side, the UK’s geo-political position on the continent itself is very unlikely to change, meaning businesses including the tourism sector will continue as usual after the end of this month. The one difference is that the UK is about to become a ‘third country’ as regards customs, imports and...
2 Jan at 6 PM 2020

British expats in Spain warned over staggering increase in knife crime

As if the huge increase in drug-related gun violence in many popular Spanish retirement havens wasn’t enough, the region is now experiencing a sudden rise in knife-related violence. Along with the threat of Brexit and the huge increase in mob-related violence, British expats living in Spain are now seeing increasing reports of knife attacks taking place all across the country. According to media reports, incidents of knife crime have seen a significant rise over the past three years and are especially related to gangs of youths....
31 Dec at 6 PM 2019

Purchasing your expat dream home can be a nightmare

If you’ve had enough of Brexit, the weather, floods, rising prices and the UK government’s antics over the past three years, buying a property overseas might well be the answer. For the vast majority of non-working expats, two issues form the spur for leaving the UK on a permanent basis – the rising cost of living and the fall in an acceptable lifestyle. Moving overseas isn’t a panacea for curing all ills, but it can provide a bolt-hole for those who get it right. Given that Brits are, reputably, a nation of homeowners, it’s...
31 Dec at 6 PM 2019

Expat investors concerned over property fund suspension

Expat investors are showing concern over the recent suspension of the M&G Property Portfolio fund. Following a surprise block on expat investors attempting to withdraw from the troubled fund, financial giant Prudential locked the entire £164 million portfolio, with a spokesperson stating the company had been lowering its exposure to British property across the board since January last year. He added that, early last year, charges were reduced and the objectives of the fund were altered, allowing sales of property in order to...