Expat Moving News

Latest 10 news items tagged Moving

8 Nov at 6 PM 2019

Is China a long haul expat destination or just a stop on the road?

Most expats in China eventually face deciding whether they want to leave or stay. It has to be said that China is a unique world destination for expat professionals, whatever their expertise, but the vast majority aren’t in it for the long haul. However fascinating and challenging the stay in this unique country is, sooner rather than later it’s time to consider whether leaving isn’t a better option. For the majority, the factors which need considering are many, with the first usually connected to financial goals. Following...
7 Nov at 6 PM 2019

Online poll reveals British expats’ most-loved foodie treats

Moving overseas for a new life in a strange land can be an exciting and rewarding experience, but the downside could be missing familiar foods, drinks and culinary treats. A recent poll undertaken by an online store selling typically British favourites to expats all over the world has resulted in a comprehensive list of foods no self-respecting Brit can do without. At the top of the list is British-style tea, along with chocolate and, believe it or not, Marmite. Other essentials include Heinz salad cream, crumpets and IrnBru, British...
5 Nov at 6 PM 2019

Locals and expats fight illegal squatters in Basque town

Hundreds of furious local residents and expats living in the Basque town of Portugalete united to force an illegal squatter family out of a 94-year old’s home. Nonagenarian Victoria de Castro had returned from a visit to her sick 97-year old sister only to find her home had been illegally occupied by a family of squatters whilst she was away. The squatters had changed the locks and were flashing their backsides as well as waving a knife at neighbours attempting to get them to leave the house. Victoria contacted local police, but was...
16 Oct at 6 PM 2019

What’s forcing expat professionals to leave Dubai?

Once every expat professional’s dream destination, Dubai is fading fast at more and more top talents up and leave. ‘Sunny, no taxes and a top quality of life’ was the mantra quoted by expatriates eager to find jobs in the fast-growing Middle Eastern tropical paradise. Salaries their rivals could only dream about kept the legend growing and the land of milk and honey was everyone’s favourite location until the slump in oil process happened and the push to replace expats with locals began. Nowadays, the emirates including...
2 Oct at 6 PM 2019

Expats in Spain now threatened by forest fires after biblical floods

As if biblical floods and the loss of homes and possessions weren't enough, expats and locals in Spain’s Costal del Sol region are now under threat from a raging forest fire. The blaze broke out in the hills overlooking the popular region, with homes evacuated whilst helicopters, fire trucks and firefighters attempted to contain the flames. As night fell, the helicopters were forced to give up and return to base, leaving firefighters to do their best and the fire still blazing. The main MA -8300 was cut off by the blaze between...
26 Sep at 6 PM 2019

USA expat exodus soars as local retirement costs escalate

More and more American citizens are deciding to retire overseas as stateside costs escalate. In the past 10 years, the numbers of American citizens moving overseas after retirement has increased by 40 per cent, with the trend expected to continue. It seems the Baby Boomer generation is now beginning to realise the massive amounts needing to be saved to ensure a comfortable stateside retirement are simply not possible on an average salary. US media outlets are beginning to describe the phenomenon as being fuelled by ‘American...
25 Sep at 6 PM 2019

How risky is entrusting your savings to an expat IFA?

Safety and security are essentially important for newly-arrived expats, especially where pension pots and savings are concerned. Moving overseas for either work or retirement is the dream of many Britons seriously fed up with their homeland’s politics and weather, but keeping hard-earned funds safe isn’t as easy as it seems. For workers and retirees in the UK looking to invest their savings, laws are in place which remove the majority of risks and regularly inform about the rest, but the same isn’t true for expats overseas....
16 Sep at 6 PM 2019

HRMC QROPS tax windfall transfer charge flops

The British taxman’s cunning scheme to grab millions of pounds from British retirees transferring their pensions to an overseas QROPS is now officially an almost complete failure. When the tax-grabbing scheme was first announced, HMRC gave an estimated windfall figure of around £125 million, raised from estimates of transfers in the 2017-18 and 2018-19 tax years. In reality, tax income from the scheme raised just £760,000 from 24 savers last year, and £1.4 million from the 30 transfers made in the previous year. The total numbers...
6 Sep at 6 PM 2019

Paywalls preventing Brits in Europe from accessing reliable news

How many UK expat retirees struggling with sinking sterling can’t now afford to follow responsible media outlets due to paywalls, leaving them reliant on the often fake news and biased opinion in the tabloid press? In these trying times, it’s essential for British expat retirees to keep a very close watch on the day-to-day political shenanigans threatening to end their chosen lifestyles in Europe. It’s not just the unprecedented shambles in parliament, nor even the looming reality of Brexit, it’s also related issues such as...
5 Sep at 6 PM 2019

Ongoing UK political chaos sparks fears amongst British pensioners in Europe

Even although British expats in Europe have now been promised uprated state pension for three years post-Brexit, the present political chaos suggests the good times won’t last. Around half a million UK pensioners in Europe are being informed about the three-year uprate by text message, with a good few thankful for crumbs from the government’s table but the remainder still concerned about the parlous state of sterling and the short term of the increase. Politico/financial experts also have their concerns about the duration of the...