Expat Canada News

Latest 10 news items tagged Canada

9 Sep at 6 PM 2019

Hong Kong expats mull leaving as protests continue

Hong Kong’s popularity a an expat hub is mostly due to its position as one of the planet’s major commercial and financial hubs, but the desire for freedom from China’s oppression may change its face for the future. Last week, a major ratings agency downgraded the city’s credit rating due to the ongoing protests, stating its belief that public discontent is likely to continue. The announcement came in spite of chief executive Carrie Lam’s withdrawal of the vastly unpopular extradition bill which started the protests three...
3 Sep at 6 PM 2019

British expats suffering more every week from crashing pound

As the British parliament reassembles for the fight of its life, expats and holidaymakers get slight relief as sterling temporarily stabilises, albeit at a low rate. Ever since the so-called ‘election’ of Boris Johnson as the UK’s latest prime minister, the slide of the pound against the euro and a host of other currencies has continued amidst doom-laden projections of its final fate after a no-deal Brexit. It seems as if every time Johnson makes yet another upper class-accented statement, more British expatriates get less...
30 Aug at 6 PM 2019

Expat investor fraud is the new financial threat for Brits overseas

Both at home and overseas, British investors are still falling foul of financial scammers. Although the risk of so-called ‘pension liberation’ scams is now receding as government interventions kick in, the number of scams based on the value of investments is about to hit an all-time high. It seems government action as regards pension-linked fraud, including the cold-calling ban made law on January 9 plus a massive public awareness campaign, has finally taken effect. However and as always, fraudsters are one step ahead of...
27 Aug at 6 PM 2019

Is Thailand seeing an expat exodus to Vietnam?

For more than a decade, Thailand has been a favourite destination for Western expats looking to enjoy better weather than in the home country, a more laid-back lifestyle and a lower cost of living. For expat retirees in particular, Thailand was the top choice for many years, but a recent change in attitude by the military-run government and its immigration department has caused a good number to consider relocating to friendlier shores. Another reason for this decision is the combined effect of inflation and the overly strong baht on...
22 Aug at 6 PM 2019

Brexit chaos ruining would-be British expat retirement plans

A recent survey suggests Brexit is wrecking overseas retirement plans for British citizens. The survey was carried out by Canada Life and involved 1,006 Britons over the age of 50 who were considering moving overseas after retirement. The results weren’t encouraging, as almost half of respondents who’d been planning to retire overseas were now reconsidering and resigning themselves to staying in the UK. Others believe the threat of Brexit and the difficulties of retiring in Europe without freedom of movement is causing them to...
16 Aug at 6 PM 2019

Hong Kong expats now heading home in a hurry after travel warnings

As the protests continue and the risk of Chinese military action increases, expats in Hong Kong are looking for an exit strategy. Political turmoil resulting in safety concerns is spurring expatriate professionals to consider finding safer havens for their talent. Earlier this week the Canadian government issued a travel warning for those thinking about visiting the beleaguered city, with Canadian nationals already living and working on its main island seriously considering moving on before the seemingly-inevitable arrival of the...
13 Aug at 6 PM 2019

Expats in UAE considering online gaming as an alternative career

As the UAE jobs market shrinks due to nationalisation, expats wanting to stay in the region are considering online gaming as a full-time job. Esports are the latest fad as well as a potential money-maker due to the esports tournaments paying out as much as millions of dirhams in prize money to successful players. The industry is now flourishing in the Gulf States, attracting a growing number of events as a result. One organisor, YaLaEsports, has garnered a massive amount of funding from investors and now has 50 players taking part in...
9 Aug at 6 PM 2019

Boris plans new immigration rules for brightest and best science talents

If you’re one of the world’s brightest and best expat scientists, Boris Johnson wants you! As a counter-measure to a post-Brexit cut-off of EU research funding and the loss of European researchers, Boris Johnson is planning a new visa aimed at encouraging the brightest and best expat brains in the tech, engineering and general science sectors to up sticks and migrate to the UK. The new visa won’t depend on an existing job offer and will also allow applicants’ dependents to seek work. The availability of the so-called ‘Tier 1...
2 Aug at 6 PM 2019

Expats in Hong Kong join anti-government protests

Expats are now joining Hong Kong protestors in a fight to save the special administrative region’s autonomy. Originally intended as a protest against new and now suspended litigation to allow extradition to China, demonstrations are now in the eighth week and Hong Kong residents aren’t showing any sign of giving up. For decades, the city has been an all-time favourite for expat professionals, many of whom are now concerned about their and the former British colony’s futures. Over the past two months, the issue has broadened to...
31 Jul at 6 PM 2019

Brit expats in UAE taking advantage of sterling crash to repatriate savings

Due to the unprecedented fall in the sterling exchange rate, a good number of UAE-based Brit expats are sending money back to the UK. British expats living and working in the UAE are now moving savings and spare cash back to the UK, thus taking advantage of the worst exchange rate in a decade or more. As sterling sinks ever lower on the threat of a broken economy due to a no-deal exit from the EU, increasing numbers of British expatriates are cashing in on the once-in-a-lifetime opportunity. For British professionals who arrived in...