Expat South America News
Latest 10 news items tagged South America
11 Oct at 6 PM 2018
Portugal’s Golden Visa programme has now benefitted the country by around four billion euros since its 2012 inception.
The term ’Golden Visa’ tends to raise blood pressures in Portugal’s everyday expat communities and invariably attract negative comments, but they’re a great way for a country to fill its coffers with cash, wherever the funds originate and however they arrived in the country. A total of 6,500 second passports and residency rights have been granted, and the cash investment required has been mainly used to...
20 Sep at 6 PM 2018
A distant relative of the common bed bug is on the rise in the USA and Europe and is transmitting a killer disease through its saliva.
Known in Spain as the ‘chinches del beso’ (kiss bug), the insect bites its human victims around their mouths or on their facial skin, defecating adjacent to the bite and infecting the bite with a deadly disease formerly confined to South America
. Chagas disease, as it’s known, causes severe intestinal and cardiac complications, with most of the bug’s victims not even aware they’ve contracted...
12 Sep at 6 PM 2018
Safety and the excessive cost of living and healthcare are wrecking potential expats’ American dream.
Once the dream destination for untold numbers of aspiring expats, the USA is now lagging behind 46 other world countries as shown in the recent Expat Insider survey. Respondents to the survey have to be expats living and working overseas as part of a corporate reassignment, so don’t include retirees or entrepreneurs looking to start new businesses. Of the 187 countries surveyed, 68 are chosen by their placings in a number of...
12 Jun at 6 PM 2018
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
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
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
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
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
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
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...