Expat Euro News

Latest 10 news items tagged Euro

20 Nov at 6 PM 2018

Is Shenzhen or Hong Kong best for expat entrepreneurs?

Shenzhen is the fastest growing city in the world, but how does it compare with neighbouring Hong Kong? Expats have flocked to Hong Kong to make their fortunes in an exotic environment for decades, but the mainland Chinese city of Shenzhen has overtaken the former British colony by concentrating on the tech boom. Nowadays, it’s known worldwide as Asia’s Silicon Valley and is breaking the accepted Chinese mould of copying - some say stealing - Western ideas by becoming a hub for innovation on a grand scale. The other, important for...
20 Nov at 6 PM 2018

Expats angry as Spain backs off Gibraltar deal

Spain is now refusing to support any Brexit deal unless it receives more assurances about Gibraltar. According to Spanish Foreign Minister Josep Borrell, the Spanish government in Madrid is demanding greater clarity on the Rock’s future status. Only when it receives the information will it offer its full support for any Brexit deal which may be agreed. Apparently, one article in the present document was only perceived to present problems in the middle of last week, and Spain now wants clarification as regards interpretation of the...
19 Nov at 6 PM 2018

Cuenca offers UK expat retirees everything at great prices

As popular European destinations become more expensive and less accessible due to Brexit, UK retirees are being urged to consider crossing the Atlantic and heading south! Whether it’s Brexit, diminished savings due to the financial crash or poorly-advised investments, an increasing number of British retirees are fearful their monthly pensions won’t cover their expenses in the UK or in Europe, especially should private healthcare insurance become mandatory. Dream retirements after a lifetime of work definitely shouldn’t include...
19 Nov at 9 AM 2018

House-hunting advice for UK expat returnees

British expats relocating to the UK in fear of Brexit are faced with shock property price hikes. A good number of Brit expats rented out their UK homes when they left for warmer climes, but the majority sold their properties in the UK in order to upgrade to beachside or poolside villas in the Spanish sun. Sadly, although the Spanish property market is now experiencing an upturn, decreasing numbers of newly arrived expats and an increase in British real estate prices across the board has left many UK returnees with renting as the only...
19 Nov at 9 AM 2018

British expats condemn withdrawal draft

British expatriates across Europe are again accusing Theresa May of totally ignoring their plight in her rush to leave the EU. As a result of May’s failed promises to protect the rights of UK expats in EU member states, two of the largest anti-Brexit protest groups have now merged in order to present a united front in support of their 35,000 expatriate members. British in Europe and the 3Million stated they and their members feel betrayed by May and her lawmakers, all of whom seem determined to throw several million UK expats under...
15 Nov at 6 PM 2018

Chinese cities evaluated on environment, economy and society

The annual ranking by the government of Chinese cities gives newly arrived expats the best idea where to go. The China Integrated City Index evaluates and analyses 297 Chinese cities based on environment, economy and society, with the top ten giving a great choice for expats in all sector and professions. The three top are Beijing, Shanghai and Shenzhen, all of which are popular destinations for expatriates looking for the most suitable home for their talents. The ranking takes place annually and was first done in 2016 by the...
15 Nov at 6 PM 2018

UK expats urged to guard against volatile pound

As the Brexit scenario becomes even more confusing and unpredictable, UK expats overseas as well as sterling investors are being urged to take precautions against currency volatility. As the wrangling in the British parliament increases and calls for a second referendum grow louder, the pound sterling is weakening by the day. At the beginning of the week, the pound fell to $1.286 against the US currency and €1.12 against the euro. More falls are expected as it becomes obvious that Theresa May is unlikely to get lawmakers’ support...
15 Nov at 6 PM 2018

EU promises Brits visa-free travel after no-deal

The European Commission has now promised visa-free entry to Britons wishing to take short trips to the EU after a no-deal Brexit. The offer, which must still gain agreement from the EU parliament and the EU Council, would allow British citizens to visit France, Spain or any other countries in the Schengen zone and stay for up to 90 days in any 180-day period without needing a visa. Several stages are involved in allowing a new EU law, but it’s expected the offer will pass. Should Brexit end with a no-deal exit, the new law would...
15 Nov at 6 PM 2018

New poll suggests over three million Leave voters want second referendum

Anti-Brexit campaigners and UK expats are awaiting further developments with bated breath, suggests new research. As UK expats in EU member states wait for the latest Brexit news, a new poll suggests 3.3 million people who voted to leave the EU would now support a second referendum which includes an option to remain in the EU. Anti-Brexit campaign group Best for Britain’s new poll adds to the last few weeks’ increasing momentum in favour of allowing theUK electorate to have the final say on any Brussels deal. Out of the 3.3...
12 Nov at 6 PM 2018

QROPS dilemma for UK expat retiree pensioners

Retiring in the sun is the dream of many older Britons, especially since the Brexit referendum. Expats past the age of retirement make up a sizeable percentage of British nationals living overseas, according to the Office for National Statistics. Portugal and Spain are major UK retirement hubs, with pensioners aged 65 and over accounting for 39 and 42 per cent of the total British expat population respectively in the two countries. In addition, 207,300 of the 784,900 UK-born nationals living in Europe are of retirement age or older....