Expat Working Abroad News

Latest 10 news items tagged Working Abroad

3 Dec at 6 PM 2019

New studies show Switzerland as world’s safest expat destination

As the political world becomes more and more unstable, expats considering relocation are concentrating on countries regarded as safe, secure and likely to stay that way. It’s not just political instability which threatens expat prospects and even their lives, as worldwide crime rates are on the upswing, terrorism is affecting countries worldwide and infectious diseases are running rampant in many areas of the planet. The risks of travel, both in the home country and overseas, are higher now than ever before, and are affecting expat...
22 Nov at 6 PM 2019

Boris plans double stamp duty for all UK expat property purchases

Expats planning to grab an inexpensive buy-to-let bargain will need to do so quickly in case the Boris party wins the UK election. Property investors with an eye to the UK’s buy-to-let market are in for a shock should the Tory party win the UK’s upcoming election. In yesterday’s announcement, the UK’s answer to Trump promised a new surcharge on investors from overseas who, he believes, are fuelling the country’s housing crisis. Should he get his way and stay in No.10, increased stamp duty rates will apply to all residential...
21 Nov at 6 PM 2019

Expat property investors scouring the UK for buy to let bargains

Expats on basic UK state pensions and living the simple life have been badly hurt by the slump in sterling, but their wealthier counterparts couldn’t be more pleased. Put simply, wealthy expats living and working overseas are cashing in on lower-priced buy-to-let properties in the UK. For British estate agents, the fall in the pound is a dream come true as the numbers of non-resident landlords increases month by month. At this point in time, overseas landlords make up just over one in ten of property investors, a four per cent rise...
19 Nov at 6 PM 2019

British building society to allow foreign currency deposits on expat mortgages

A British building society is now accepting deposits on expat mortgages made in foreign currencies. The Ipswich Building Society’s latest move may well be of interest to UK expats living and working overseas whose savings are held in the foreign currency of their present locations. Previously, only the pound sterling was acceptable, closing off the use of expatriates’ savings to purchase a UK property, especially if their present countries of residence have inconvenient currency regulations. British nationals living and...
18 Oct at 6 PM 2019

New home care service for elderly parents of expats opens in Kent

Expats living and working overseas with elderly parents still in the UK can now access a dedicated homecare service for their loved ones. Award-winning care provider Seniors Helping Seniors has just launched its services in West Kent, offering help around the home, overall care and compassionate companionship for elderly parents whose offspring are now expats living, working or retiring overseas. Peace of mind comes as standard, along with the knowledge that relocating overseas hasn’t threatened the well-being of loved ones. Run...
14 Oct at 6 PM 2019

Expats urged to protect against new-build deposit loss

British expats living overseas and investing in a new-build UK property are being warned they may lose their deposits. Whether the purchase is for investment purposes or because the buyer is returning to the UK after living overseas, expats are at risk of losing their initial deposits if they’ve decided on a new-build property. Typically, developers will expect a 10 per cent deposit linked to strict rules as to how or even if the deposit can be redeemed should the sale not go ahead. Nowadays, increasing numbers of would-be expat...
19 Sep at 6 PM 2019

Is renouncing US citizenship the only way expats can fight FATCA?

It’s official – more than 20 per cent of American expats are planning on giving up their US citizenship and quoting FATCA as the reason. The disclosure came as a result of an expat survey by a major USA tax consultancy firm and reaffirms what every American expat believes – double taxation is a burden which needs to be cancelled outright. Citizenship renunciation is a hard decision to make, but complying with FATCA’s onerous laws is even harder and certainly more expensive in the long run. Most believe change is necessary, but...
9 Sep at 6 PM 2019

Thailand thrashed by Vietnam in recent expat survey

Thailand is now at a new low in this year’s Expat Insider survey. Once a favourite for expat professionals as well as Western retirees, this year’s survey saw it fall by seven places over the 2017 result to 25th out of the 64 countries represented in the study. To make matters worse, its next door neighbour Vietnam soared, winning out as the world’s second most popular expat destination. Respondents to the survey are asked to score various aspects of their present location by rating 48 factors, with the results condensed into...
6 Sep at 6 PM 2019

Expats in Greece experience extreme weather phenomena

As reports continue to come in about worldwide extreme weather phenomena, are expats in Greece wondering if their choice of climate should be reconsidered? Awareness of the fact of climate change is now growing as extreme weather reports coincide with scary analyses of melting polar ice, soggy permafrost and other previously unreported manifestations of climate instability. Amongst recent headlines were massive flash floods due to hailstorms in Spain, record-breaking temperatures across Europe, Hurricane Dorian’s destruction of much...
30 Aug at 6 PM 2019

British expats overseas warned to prepare for snap election

Johnson's proroguing attempt to negate parliamentary efforts to stop a no-deal Brexit may result in a snap election if justices rule its use is unconstitutional. Just as expats on both sides of the English Channel thought things couldn’t get any worse – they did, due to Boris Johnson’s proroguing of the parliamentary procedure, thus shutting the House of Commons down for a protracted period of time. The move caused rage in MPs of all persuasions, as did his involvement of the Queen as a ‘backstop’ against parliamentary...