Expat Money News

Latest 10 news items tagged Money

22 May at 6 PM 2020

Expats in Mexico are opening hearts and wallets to help locals

This is happening all across the world in expat hubs – humanity is getting together to do the right thing whilst the politicians play their games. Expats in Mexico are the latest foreign community to open their hearts and wallets to help those struggling to survive following pandemic-linked job losses. As governments use xenophobia to blame strangers for the spread of the pandemic, expatriate groups band together to ensure their local neighbours have enough food and medical care. Self-quarantine, shutdowns and curfews make life...
14 May at 6 PM 2020

Phishing cybercriminal network in Spain now busted

An internet scam investigation which took two full years has now been concluded with the arrest of a group of phishing cybercriminals. The investigation began when police received a large number of complaints from expats as well as Spanish nationals duped into transferring money to fund a ‘confidential financial operation’. The scam became known as the ‘CEO sting’ due to the gang’s habit of targeting high-level executives in large companies. The crooks’ modus operandum was the same every time, involving targeting...
8 May at 6 PM 2020

Singapore expats look to rent cuts as salaries shrink

As Singaporean employers are tightening their money bags and cutting expat salaries, landlords are receiving rent cut requests. Once known as a hub for sky-high expat salaries, the effect of the coronavirus pandemic on Singapore’s economy is forcing employers to cut wages across the board. As a result, affected expatriate professionals are petitioning their landlords for a rent cut. Real estate agents in the city state are reporting a number of such requests, although only four were successful. One female expat originally from...
5 May at 6 PM 2020

Expats in Spain happy with easyJet refund vouchers

British expats as well as holidaymakers happy with easyJet’s new voucher and refund offer. Following expat fury as refunds were refused for cancelled flights and holidays, easyJet’s new Covid19 Help Hub is proving a success. Given that the low-cost airlines serving Spain and other European expat and visitor hubs weren’t responsible for the mass cancellations of already paid-for flights, the overall refusals to refund much-needed money caused fury amongst paying customers across the region. EasyJet’s new response is cooling...
21 Apr at 6 PM 2020

Expats planning to sue Ryanair for ticket price refunds

Expats in Spain’s favourite expat havens are gearing up to take Ryanair to court. Expats living along Spain’s Costa del Sol and Costa Blanca regions as well as visitors trapped following the coronavirus outbreak are preparing to start legal action against low-cost carrier Ryanair. Passengers whose flights were cancelled due to the virus outbreak are furious over the airline’s policy of issuing credit notes with 12 months’ validity rather than cash refunds. Those who accept the credit notes could be forced to wait for their...
17 Apr at 6 PM 2020

Is it time to reconsider the expat dream?

Expats who’re living through the consequences of the worst threat to humans and the world economy for many decades may now have time to evaluate their choice of destination and even their careers as a whole. Without a doubt, the 21st century’s two decades to date have witnessed a rush by would-be expatriates across the world to uproot from their home countries and settle in largely unknown destinations. Some were in it for the money, others for the adventure and older Westerners saw the move as a chance to explore the exotic...
16 Apr at 6 PM 2020

Brit expats in Spain rush to donate to WWII veteran’s NHS appeal

A British WWII veteran’s NHS appeal has crashed a Costa del Sol expat newspaper’s website and raised 10 million pounds to date. Brit expats living in the Spanish Costas crashed a popular online newspaper’s website during a rush to donate to his NHS charity appeal. Captain Tom Moore, a 99-year-old WWII veteran, had set out to raise money for the NHS by promising to walk 100 lengths of his 25 metre garden by the time of his 100th birthday on the 30th of this month. Using the Just Giving website, he’d aimed to raise £1,000 for...
15 Apr at 6 PM 2020

Expats and citizens urged to help Phuket’s famous Soi Dog Foundation

Phuket’s Soi Dog Foundation is hoping to avoid the devastating effects of the holiday island’s coronavirus lockdown by bringing in huge quantities of dog and cat food. Dog and cat lovers both in Thailand and in many other world countries including the USA all admire the dedicated efforts of the Soi Dog Foundation to rescue, care for and re-home as many as possible of the country’s stray and abandoned dogs and cats. As with the many other pet rescue charities across the country, its much-needed revenues mostly come from the...
7 Apr at 6 PM 2020

Dublin charity gets €20,000 worth of masks from Irish expats in China

An appeal by an Irish expat living and working in China has resulted in donations totalling €20,000 being used to send protective equipment to the home country. Fiona Sheahan, an expat teacher at a Shanghai primary school, also heads up an Irish community group holding traditional cultural events such as St Patrick’s Day, cancelled this year due to the pandemic. Intending to raise money for essential personal protection items desperately needed back home, she posted on WeChat calling for donations. Much to her amazement, over four...
2 Apr at 6 PM 2020

Cancellation of cruise leaves Cyprus-resident expat seniors in UK limbo

A group of British expat retirees living in Cyprus are trapped in their former home country after their cruise ship was sent back to its British port. Passengers from the ship told Cypriot media reporters the dream Caribbean cruise had started from the UK but was caught up in the chaos due to the pandemic and was instructed to immediately head back to its British home port. Once the Cyprus-based passengers had arrived, they were told they would be repatriated the following day, but they later learned there were no flights available....