Expat Exchange Rates News

Latest 10 news items tagged Exchange Rates

21 Jun at 6 PM 2018

Tips on selling your Spanish home if relocation is your answer to Brexit worries

For expats giving up and returning to the UK before Brexit, selling your Spanish home isn’t as straightforward as it seems. Selling a property in Spain is tougher as regards bureaucracy than the process of purchasing. The easy part is finding a buyer, especially nowadays as the number of Brits buying property and emigrating before Brexit kicks in ensures a steady flow of interest usually leading to a quick sale. It’s essential for sellers to have the help of experts in the legal process, but there are several ways in which the...
8 May at 6 PM 2018

Is Bitcoin a financial best friend for expats

It’s fair to say Bitcoin is now a huge topic of interest amongst the worldwide expat community as well as an investment for the adventurous. First created and launched in 2009, the cryptocurrency concept was designed to become a universal method of payment achieved through secure, automated transactions. In fact, the design itself was the groundwork for a totally new monetary system. From the start, it was used as an investment as well as a currency, leading to the amazing 2017 rise in its value from $1,000 to $19,000 over a short...
6 Apr at 6 PM 2018

Expat and local businesses fear downturn as Andalusia tourism slumps

British expat businesses as well as Spanish owners of tourism-related enterprises are worried about an unexpected drop in visitor numbers over the past several months. Whilst other regions in Spain are still seeing increases in visitor numbers, Andalusia’s total fell for the first time since the middle of 2016 by 3.1 per cent. At the same time, its rival regions of the Canaries and Catalunya saw 2.8 per cent and .8 per cent more visitors than in February 2017. British visitors make up 30 per cent of Andalusia’s tourist numbers,...
5 Mar at 6 PM 2018

Unanswered Brexit financial questions still worrying Brit expats in EU

Putting aside the problems of getting residency for long-stay British expats in EU member states, it’s the continuing financial uncertainty that’s causing increasing concern. It’s almost unbelievable that almost 20 months have passed by without any real clarification of the rights of both EU and UK expats, leaving just 16 months for negotiators to come up with concrete, acceptable proposals to safeguard the lives of the millions caught up in the chaos. Even now, the effect of the referendum on the value of sterling has caused...
26 Jan at 6 PM 2018

Golden destinations for expat retirees golden years

Retiring overseas rather than fighting inflation in the home country is now a practical financial option for many pensioners living in first world countries. Even if there’s no gold-plated pension waiting at the end of your working life, it’s still possible to enjoy a much more satisfying retirement lifestyle by emigrating to a less expensive location overseas. Your choice of destination may well be dependent on your country of origin’s state pension, but choosing carefully will allow you to eke out your monthly cheque without...
5 Dec at 6 PM 2017

Wealthy expats fleeing Britain in fear of post Brexit tax status

Reports show over 12,000 non-domiciled expat professionals have left the UK over the past year, with another 55,000 planning to leave. The mass exodus is focused on the City of London financial district with its specially orchestrated non-dom tax rules, introduced to encourage top financial talents to take temporary assignments in the UK. With Brexit looming, the privileged few aren’t hedging their bets after an announced new crackdown on long-term non-doms. Changes in the law will mean non-doms will need to have been resident...
6 Oct at 6 PM 2017

Design and décor do’s and don’ts for a quick property sale

Selling your home is one of life’s most stressful experiences but, by making sure you’ve the most marketable chunk of real estate in the area, getting a higher than expected price makes it all worth while. For most of us, having our own home gives the chance to indulge our personal tastes by decorating and furnishing according to our own individual take on home décor. According to new research by the housing sector’s trade body, some aspects of décor and design considered desirable by individual home-owners might actually...
6 Sep at 6 PM 2017

Brit expats in Europe in no rush to repatriate

In spite of predictions of a mass exodus from Europe, expats living in European Union states seem to be in no hurry to up and leave. A report for the UK’s Office of National Statistics, (ONS), has stated the number of UK expat pensioners leaving the UK for sunnier climes is still rising despite the uncertainties caused by Brexit. In contrast, recent media reports suggest the exodus is going the other way, with increasing numbers of EU citizens working in the UK deciding to either repatriate or find suitable jobs in EU states....
30 Aug at 6 PM 2017

UK expats in rural Spain afraid of losing their peaceful lives

Not all British expats in Spain choose the noisy, tourist-heavy Costa beach resorts, with more than a few living peaceful, rural lifestyles in small, mountainous towns. The small conurbation of Baza perches high on a plateau edging Spain’s Granada province and is home to a different style of British expats happy to live a rural lifestyle away from the crowds and noise of the Costas. The stunning mountainous setting, inexpensive property prices and genuine Spanish lifestyle have attracted a steady flow of incoming expatriates, many...
9 Aug at 6 PM 2017

UK expat retirees urged to do homework before emigrating

Spain’s position as an all-time favourite retirement haven for older Brits seeking sunshine and sangria is still unrivalled, but France, Italy, Portugal and Far East destinations such as the Philippines and Thailand are still getting attention. A recent survey of Britons approaching retirement has revealed the main attractions of quitting the UK are better weather, a cheaper cost of living and a more relaxed lifestyle. In the initial excitement of planning a new life in an unfamiliar new country, it’s easy to forget realties such...