Expat Jobs News

Latest 10 news items tagged Jobs

20 Jul at 6 PM 2018

Real estate purchase rules in China discouraging expat investors

Foreigners wishing to buy an apartment in Beijing or other major Chinese cities are being warned the process is anything but straightforward. For expats who’ve arrived in Beijing, found a job or started a business and are now thinking of buying an apartment, the process is tricky, complicated and takes a very long time, even although previous regulations regarding a stay of a year before an application will be considered are now removed. It seems the bureaucracy involved is putting off the vast majority of long-stay expats from...
18 Jul at 6 PM 2018

Saudization versus statistics confuses Saudi jobs market

Saudi lawmakers’ attempts to strengthen and streamline the labour market are failing. New rules and regulations have failed to solve problems and are unsupportive of the much-publicised drive towards full Saudization, with different measures required if new job opportunities are to be created for local workers. A new approach is needed, focused on on-the-job training as well as ensuring Saudi nationals’ rights to employment and their fitness for the job. Employment security and opportunities for promotion are also essential, and...
13 Jul at 6 PM 2018

New job new country new pension plan

If you’re switching jobs for more money and an expat lifestyle overseas, don’t ignore your pension pot. Next to property, a pension is possibly the most valuable asset the majority of people will have but, just like a home, it needs to be looked after. In the excitement of taking on a better job with a higher salary in a new overseas location, it’s not difficult to overlook the next move for your pension. If your new company has a pension scheme, checking its details against your present scheme’s benefits is a good start....
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

Are Dubai falling house prices a correction or a reduction

One of the major topics of conversation amongst expats working in Dubai is the emirate’s falling property prices. Some believe it’s a long-awaited correction in the expensive city, with others maintaining it’s simply a reduction which will reverse itself in the near future. Either way, it’s supposedly good news for potential expat property owners. Potential reasons behind the move downwards range from oversupply through lack of demand, a jobs market which is now struggling or difficult economic times. However, real estate...
9 Jul at 6 PM 2018

Trailing spouses risk depression and divorce

Are you risking divorce if you move overseas with your husband or partner? Although divorce rates vary from country to country, it’s estimated that some 50 per cent of modern marriages fail. Tracking divorce rates amongst the international expat community worldwide is a statistical nightmare, but experienced marital therapists believe the rate could well be at an all-time high. One of the main reasons for separation and divorce is trailing spouse depression caused by the wife giving up her life and career to follow her husband....
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

EU expats shunning the UK due to Brexit

During 2017, net annual migration figures for EU nationals coming to work in the UK have fallen by a shocking 75,000. Annual net migration is now at 244,000, with the numbers arriving from outside the European Union rising to 205,000. At the present time, more expats are arriving in the UK, but numbers arriving from Europe are at their lowest for six years. Figures from the Office for National Statistics suggest a 58,000 drop in EU citizens coming to work in the UK, the majority of whom are skilled workers. Worryingly, it seems...
28 Jun at 6 PM 2018

Expatriate renters in Abu Dhabi to pay more municipal property tax

Over 2.3 million expats in Abu Dhabi will pay more to rent their homes due to increases in municipality taxes. Expat professionals living and working in Abu Dhabi will now receive increased monthly bills from their local municipality in addition to the usual electricity and water bills. Notification of the new municipality tax was sent out in February this year but the collection of the tax was put back to the end of May. According to the company charged with tax collection on behalf of the Department of Municipal Affairs, the monthly...
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...