Expat Property Abroad News

Latest 10 news items tagged Property Abroad

16 Aug at 6 PM 2018

How to get a quick sale for your home in Europe

If you’ve given up on any positive Brexit news for UK expats and need to sell your home in Europe prior to returning to Britain, showing your property at its best isn’t difficult. As March next year creeps closer with no sensible solution for UK expats anywhere in sight, for some the only way forward is to sell their property and relocate elsewhere, either to the home country or to another expat haven. If you’re in a hurry, three easy ways to maximise the viewing experience for potential buyers take little time and can be highly...
11 Aug at 6 PM 2018

Is Dubai the new crime hub for tax fraud

Expat tax fraudsters are flooding to Costa del Dubai The futuristic desert city of Dubai is being used as a refuge by fraudulent tax evaders from the UK. Loved by the ultra-wealthy and famous, Dubai is now being nicknamed ‘ the World’s new Costa del Crime’ in a reference to the Southern Spain region formerly a refuge for UK criminals and fraudsters. Data leaked from the normally watertight government agencies show a high number of wanted and suspected criminals have purchased luxury mansions in several of Dubai’s most upscale...
9 Aug at 6 PM 2018

Expat favourites for retirement relocation to Spain

For Brits dashing to get settled in Spain before the Brexit door slams in their faces, choosing a favourite location is the first priority. According to the UK’s Office for National Statistics, almost 50 per cent of the 300,000 Britons living in Spain are retirees over the age of 65. They’ve arrived for the warm climate, the lower cost of living and the security blanket of established British expat communities in favourite destinations. In addition, Spain’s healthcare system is rated in the world’s top ten, living costs are 20...
9 Aug at 6 PM 2018

Saudi work permits now linked to house rent contracts

Issuance or renewal of expats’ work permits In Saudi Arabia is now linked with the authentication of rental contracts. The publishing of the new rule is a consequence of implementation by Saudi’s Council of Ministers’ February 2017 decision not to allow the issuance of work permits to expats without authenticated, registered property rental contracts. Final implementation is due next month, and an awareness campaign will be launched by the ministries involved to ensure the linking process is successful. All rental contracts...
30 Jul at 6 PM 2018

Is Dubai really cheaper for expats nowadays

For a generation of expat professionals, Dubai has been a 21st century icon and a source of comparative wealth. The futuristic city balancing between water’s edge and desert sands is a glittering playground for the wealthy and famous as well as supposedly presenting an opportunity for expat professionals to join in its endless entertainments and luxurious lifestyle. Shopping till you drop isn’t just a buzz-word here, it’s compulsory. However, beneath the glittering surface, things aren’t quite what they used to be as the...
25 Jul at 6 PM 2018

UAE Property sales and rentals slated to keep falling

In spite of an anticipated stimulus, Abu Dhabi residential prices are expected to fall further over the next 12 months. Abu Dhabi real estate investors and landlords expecting a swift response after the crown prince’s stimulus package are about to be disappointed, according to professionals in the sector. Leading real estate agents are stating the major effects of the reforms will concentrate on developers as well as on the promotion of public and private entity partnerships. In addition, companies operating within the city’s free...
20 Jul at 6 PM 2018

Real estate purchase rules in China discouraging expat investors

Foreigners wishing to buy an apartment in Beijing or other major Chinese cities are being warned the process is anything but straightforward. For expats who’ve arrived in Beijing, found a job or started a business and are now thinking of buying an apartment, the process is tricky, complicated and takes a very long time, even although previous regulations regarding a stay of a year before an application will be considered are now removed. It seems the bureaucracy involved is putting off the vast majority of long-stay expats from...
19 Jul at 6 PM 2018

Buy to let curse hits Amsterdam property market

Along with a number of other global cities, Amsterdam is asking the UN to help with the issue of investor purchases of local properties. With the Dutch housing market at its highest level ever and demand exceeding supply, the Amsterdam authorities, together with New York, London, Barcelona and Paris, is begging the UN to help deal with the worsening situation. The problems are being caused by ever-increasing numbers of international investors buying up real estate in order to flip or rent at high prices unaffordable either by locals...
17 Jul at 6 PM 2018

Dutch property prices now at record high

House prices across the Netherlands are now at record levels, with the boom expected to continue. Long-stay expats who had the foresight to purchase a home several years ago are more than pleased with the house price rises over the last year or so. Figures for this year’s second quarter revealed a 10.4 per cent increase over the same period in 2017, although actual sales have declined considerably over the past year. At the present time, the average cost of a home in the Netherlands is around 288,000 euros, with a further increase of...
16 Jul at 6 PM 2018

Brit expat jailed in UAE for social media comment now released

A British expat jailed in the UAE for sending an electronic insult has now been released and is in a desperate state of health. Christian Wilke was accused of sending an ‘electronic insult’ via Facebook and was jailed as a result, but no-one seems to know why he was arrested in the first place and what Facebook post contained the alleged insult. After he’d spent nine full months behind bars, his mother Christine Wilke-Breitsameter managed to arrange for his freedom, announcing it on Facebook yesterday. Christian is a former head...