Expat South America News

Latest 10 news items tagged South America

12 Jun at 6 PM 2018

Peaceful Portugal triumphs again in Global Peace Index

The recently published Global Peace Index 2018 again rates Portugal as one of the planet’s most peaceful countries. In an increasingly troubled world, finding a peaceful place to live seems like a challenge at best and impossible at worst. The Global Peace Index covers almost all the entire world population, and uses 23 quantitative and qualitative indexes to calculate its results based on Ongoing Domestic and International Conflict, Societal Safety and Security and Militarisation. Whilst the results of the 2018 study show world...
24 May at 6 PM 2018

Expats love South African life but fear for their safety

In general, the majority of expats in South Africa are happy with their lives, but they don’t feel safe. The results of a recent survey reveal expats arriving from the USA, Britain and Germany are happy with their choice of destination, but day-to-day safety remains an issue for the vast majority. On the plus side, there’s a vast choice of places to spend the large chunk of cash they’re earning. The results calculated from respondents in the expat community saw the country high on the list for its ease of settling in and family...
2 May at 6 PM 2018

Brit millionaire causes chaos in Magaluf after crashing his Rolls Royce

Proof that money doesn’t buy driving skills or common sense was displayed in a Mallorca street by an expat British millionaire who wrecked his Roller by reversing it into a large plate glass window. Jody Sanders and his two bikini-clad South American passengers weren’t expecting to have to do a runner during their trip around Magaluf in the millionaire playboy’s luxurious Rolls Royce. Formerly resident in the upscale English county of Warwickshire, Jody was well known in the resort for his social media boasts about his wealth,...
30 Jan at 6 PM 2018

Portuguese Golden Visa attracts long stay Chinese and their families

Although Portugal saw fewer Golden Visa applicants during 2017, more of those already holding the visa are bringing in their families. Portugal’s Golden Visa is an investment tool for the comparatively wealthy, with the majority of successful applicants arriving from China. Amongst other requirements, an investment of over €500,000 is mandatory, and is usually used to purchase an upscale property. According to president of the League of Chinese in Portugal Y Ping Chow, visa holders arrive first, stay alone for a while and make...
23 Jan at 6 PM 2018

Expat investors urged to buy now as Spanish property market soars

Would-be expats who’ve been sitting on the fence as regards committing themselves to a Spanish property are being urged to buy now as the market soars. Local property reports are forecasting yet another year of property price increases, with at least a six per cent rise by the end of 2018 following on the increases over the past four years. The Spanish real estate market is one of the EU’s success stories for the speed at which it recovered from the 2008 financial crash’s subsequent several years of plummeting prices. Over the...
18 Jan at 6 PM 2018

Husband of missing British mother arrested for boiler room fraud

Paul Muldoon is to be extradited to face boiler room fraud charges after being detained by police using a European Arrest Warrant. The abusive husband of missing British mother Rebecca Muldoon is to be extradited to the UK under a European Arrest Warrant for running a boiler room investment scam which defrauded British pensioners. Before he was arrested by British investigators, Muldoon was one of the UK’s most wanted financial scammers and had been on the run for over a year. He and his accomplices had been accused of running a...
15 Jan at 6 PM 2018

Expats account for a quarter of all Portuguese property purchases

Portugal is as popular as ever with expats, who’ve accounted for 25 per cent of 2017 property purchases. Foreign buyers are becoming even more active in Portugal’s property market, with data showing a 30 per cent increase in 2017 sales over the same period in 2016. Some 152,000 homes found buyers from France, Brazil, the UK and China, and the figures may be even higher as the figures only show the total of properties sold via real estate agencies. According to Portugal’s realtor association, the number of sales in 2018 is...
20 Dec at 6 PM 2017

Expats in Catalonia solidly against independence

According to a recent local survey, expats living in Catalonia are firmly opposed to independence, whatever the referendum result says. The survey, conducted by the expat owner of a Catalonian real estate company, involved almost 500 expat respondents, the vast majority of whom were firmly against the drive for independence by local separatists. In addition to the survey itself, although they weren’t included, economic migrant groups from Morocco, Pakistan, China and the Philippines were also approached for their opinions. Almost...
18 Oct at 6 PM 2017

What the Trump tax reform bill may mean to US expats overseas

Although the mystery surrounding Trump’s latest attempt to cosset his supporter base won’t easily be revealed to tax-paying mere mortals, one thing’s for sure – the UK tax code won’t ever be the same again. US expats overseas aren’t exactly waiting with bated breath to hear whether or not residence-based taxation will replace the vastly unpopular citizen-based taxation, as most are cynical enough to know the likely answer. As it stands at present, the nine- page initial draft doesn’t address either the citizen-based...
8 Sep at 6 PM 2017

US expats heading to Ecuador for retirement

As it becomes increasingly difficult to fund an enjoyable retirement in the USA on the average pension or social security payment, older would-be expats are looking to exotic yet affordable locations such as Ecuador. Many are finding they can enjoy luxuries as well as plan a comfortable budget for necessities, and there’s lots to see and do in this rapidly developing country. Ecuador is a small country set on South America’s northwest coast, with its citizens enjoying a relaxed pace of life unknown to almost anyone living in...