Expat Australia News

Latest 10 news items tagged Australia

13 Jul at 6 PM 2018

Dubai expat blocked from remittance due to suspected fraud

Expats living and working in the UAE are being warned by bank officials over transferring money to people not known to them. Armenian expat Donara Sanamyan faced serious difficulties after she’d attempted to help a friend from her home country who’d come for a visit. The friend needed to transfer money back home in a hurry, so Donara agreed to do the transfer for her through her regular transfer agency MoneyGram. The transaction was refused, with no reason given. A few days later, Donara tried to send her regular transfer to her...
12 Jul at 6 PM 2018

Expat exodus from Saudi prompts hiring crisis

The Saudi crown prince’s efforts to drag Saudi Arabia screaming into the modern world are laudable, but seem to be leading to an economic crisis of confidence. Many in the Kingdom see the programme as ambitious but unrealistic, especially those business owners affected by the Saudization plan responsible for a mass exodus of expat labour. Since the end of 2016, some 800,000 foreign employees have left for good and it’s proving almost impossible to get local citizens to fill the job vacancies. It seems the scheme to provide around...
11 Jul at 6 PM 2018

Ensuring your financial plan for retirement is all it needs to be

If you’re planning to retire overseas, making sure your financial plans are adequate is essential. More and more older people are opting for a retirement in a warm, sunny, cheaper destination after having spent their lives working and waiting for an excuse to get up and go. For many, Brexit is that excuse, and increasing numbers of Britons are now heading for popular European expat hubs. Hopefully, the majority have made financial plans for their retirement, as the British state pension isn’t exactly generous. Nowadays, planning...
9 Jul at 6 PM 2018

Expat investors discover Brisbane real estate

Following a tough time in the sector, Brisbane’s real estate market is surging due to demand from expat investors. Over the past year, the Queensland capital has recorded a significant increase in the number of expat property purchasers attracted by bargain prices. Demand has risen by 6.7 per cent over the past 12 months, with real estate agencies reporting the vast majority of purchasers were expatriates. Houses in the upscale districts of Paddington, Indooroopilly and East Brisbane proved the most popular, with those looking for...
4 Jul at 6 PM 2018

China green cards for 12 more top talent expat professionals

Another twelve expats living and working in Shanghai have been given permanent residency green cards. The twelve expatriates awarded permanent residence in China brings the total numbers of green cards given out to outstanding foreign professionals to 85. The scheme began in December 2016 and applies to high-level expat professionals who’ve been nominated by the city’s administrative commission. All 12 are working in the field of semiconductors and comprise seven US citizens along with Australian, Malaysian, German and Canadian...
3 Jul at 6 PM 2018

Kuwaiti government drops plan to tax expat remittances

The proposed remittance tax to be applied to expats sending money abroad has now been rescinded. Much to the relief of Kuwait’s huge expat community, the government has announced it’s dropping the controversial remittance tax scheme believed to be yet another example of Kuwaitization at the expense of the vast majority of expat workers. Sources say the proposed tax would have been harmful to the emirate’s economy by forcing an exodus of much-needed manpower and working as a deterrent for foreign investment. The government is now...
29 Jun at 6 PM 2018

Squatters moving into expat second homes in Brittany

Expats with second homes in Brittany were horrified to hear squatters are moving into their unoccupied properties. The controversy over British expats’ second homes in Brittany is accelerating after activists promised to force Britons to sell their holiday and second homes. The protestors have promised an entire summer of what they call ‘spectacular actions’ and seem to have started already by plastering posters bearing their message ‘’Brittany is not a second home - villages in ruins – young people leaving’ all over...
28 Jun at 6 PM 2018

Linking your expat work experience with an ongoing career back home

At least a third of Australian expats returning to the home country are having difficulty finding suitable employment. Recently released research indicates some 33 per cent of expatriate Australians who’ve headed back home can’t find suitable jobs, with many forced to take work at a lower level than their qualifications suggest. Given that many expats leave the home country to further their careers, coming back and downsizing job-wise as a necessity is depressing at best and an unsubtle invitation to get straight back on the next...
27 Jun at 4 PM 2018

Asian cities now most expensive for expats

Given the latest survey on costs of living in popular expat professional hubs, those looking to relocate to Asian cities might do well to renegotiate their salaries. The recent Mercer survey identified Hong Kong as, again, the world’s most expensive city for expat life, with Tokyo, Singapore and Seoul not far behind. The Hong Kong result isn’t much of a surprise, considering that a parking space can set you back some $760,000, and the average expat professional aiming for Asia wouldn't be much better off in Shanghai or Beijing....
25 Jun at 6 PM 2018

Retired British couple murdered in Jamaica

The burned bodies of a retired British couple living in Jamaica were found late last week. According to local media, the charred bodies of Charlie Anderson and his wife Gayle were discovered in separate Mount Pleasant locations, with local police now treating their deaths as a double murder. The former Manchester residents also had wounds to their faces and necks and Gayle was found with her hands and feet tied, with her husband reported to have sustained gunshot wounds. The couple had recently lost £50,000 in a credit card scam....