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Expat Pension Transfer News
Latest 10 news items tagged Pension Transfer
20 Jul at 6 PM 2020
Expat retirees in Thailand still scared of more rule changes
Chaos still rules in Thailand’s immigration requirement for long-stay expats. Whilst tourists and other visitors are now covered until late September by the junta government’s latest edict, other sectors of the expat community may be left out in the cold. Having made a sensible decision based on helping trapped visitors on tourist visas, the government seems to have left out other expat sectors which continually contribute to the country’s economy. The decision to allow another amnesty, for want of a better description, was...
16 Jul at 6 PM 2020
British expat retirees urged to ignore financial sharks
British expats across the world are being urged by sharks to shore up their finances before Brexit finally hits. Given that mitigating the financial aspects of Britain’s looming divorce from the rest of Europe is dependent on the final outcome, taking action now might well make things worse should a no-deal drop off the cliff become the final outcome of four years’ wrangling. The Brexit trade discussions don’t seem to be going well, and the vast majority of expat concerns about their post-Brexit financial health are concentrated...
15 Jul at 6 PM 2020
Expat Brits in Spain finally have guaranteed post-Brexit rights
After long periods of silence unappreciated by British expats living and retiring in Spain, the UK Ambassador is urging all to register as residents. Although the message conveyed had already been a central focus of expat media outlets, Britain’s man in Madrid took it on himself to point out there are only 25 weeks to go before the transition period ends and the UK is all alone in the dark. At present, according to social media, both British residents and British expats in Europe are now fearing a governmental rush to compromise as...
29 Jun at 6 PM 2020
Expat dogs get good news but expat Brits not so much
Brexit’s potential is still confusing UK expats in EU member states, but it’s good news for dogs. A recently published article is attempting to clear the fog around British expats' post-Brexit rights. Posted by Europe Street, it attempts to clarify the real deal for British pensioners via an analysis of statements made by both the British government and the EU authorities. Worryingly, it suggests British pensioners living in EU member states will not be entitled to much in the way of benefits one the deal is done. At the...
29 Jun at 6 PM 2020
Longterm British expats still angry over losing their rights to vote
How are long-term British expats feeling now they’re still not allowed the vote? British expats scattered across the modern world have been fighting long-term for their rights to vote after they’ve lived overseas for more than 15 years, but in spite of occasional governmental comments nothing has been done. One of the scandals of the Brexit poll was that those likely to be worst affected by the result were those unable to vote, with many long-stayers convinced the result would have been different should the government have allowed...
25 Jun at 6 PM 2020
Expat pensions versus straightforward interest rate-linked savings
If you’re planning to live your working life as an expat, making financial provision for retirement is the sensible option. Given the huge number of horror storied about dodgy IFAs leaving their unfortunate clients with worthless investments or, even worse, scamming them into losing the lot, it’s a surprise that potential expats are even thinking about retirement income! If you’ve not yet won the lottery, thinking a about the long-distant future may sound strange, but much can go wrong if this aspect of emigration is ignored....
10 Jun at 6 PM 2020
Expat retirees in Thailand faced with tricky choices
Expat retirees who chose Thailand as their new home from home are now faced with difficult decisions. Although the expat presence in Thailand’s capital Bangkok is mostly composed of professionals with established jobs, hotspots all across the country still have their own share of foreign residents. Retired expats in particular have been given a rough ride over the past few years as regards changes to visa regulations, all of which have caused worry and fear that another relocation might be the only option. Foreign communities of...
3 Jun at 6 PM 2020
Brit expats in Spain urged to register for residency to protect their rights
British expats in Spain are being urged to ensure they’re legally registered by the end of this year. A message from the British Embassy has been sent to all UK expats living, retiring or working in the popular destination as a reminder that only the civil rights of registered residents will be guaranteed after the end of this year. Registered Britons will be able to continue living and working in Spain, and British retirees on state pensions will be allowed access to Spanish healthcare. In addition, the UK state pension paid to...
2 Jun at 6 PM 2020
SIPPS to replace QROPS as the way forward for expat pensioners
QROPs is no longer the default option for retired expats. Qualifying Recognised Overseas Pension Schemes, better known as QROPS, came in some ten years ago and were subsequently glorified as the best option for Brits determined to retire overseas. They were also welcomed with open arms by the army of expat independent financial advisors lurking in every favourite retiree destination from Spain to the far reaches of Southeast Asia. However, it seems the days of QROPS as the best option may now be numbered as several legislation changes...
26 May at 6 PM 2020