Expat Property Abroad News
Latest 10 news items tagged Property Abroad
13 Sep at 6 PM 2019
British expats and holidaymakers in Spain are being urged to take note of the Foreign Office’s urgent travel warning.
Following on from the earlier ‘worst storms in over a century’ in Valencia, the Foreign Office is now warning tourists and expats over more outbreaks of extreme weather. Last week, Valencia and its region suffered biblical floods, massive storms, flash floods and damage to property
and vehicles, with the latest travel warning an indication there’s more of the same on the way.
Torrential rain is expected to...
12 Sep at 6 PM 2019
The 17th Amsterdam Expat Fair for Internationals is due on October 6th, and is expected to be the best ever.
The fair is a must-visit for all expats in the Netherlands as well as for those planning to arrive, and has grown in popularity as the country’s expat population has continued to increase. This year’s event will concentrate on expat essentials aimed at those who’re considering settling in the Netherlands, those who’ve recently arrived and long-stayers who’ve made the country their home. The focus is on three themes...
10 Sep at 6 PM 2019
Expat families from across the world are taking advantage of the shrinking pound to enrol their children in British independent schools.
Perhaps the only thing the UK is now famous for is its top quality independent education, available at a high cost to the children of expatriates as well as Britons. Right now, with sterling looking to crash still further between now and the end of the year, the cost of a first-class education and its help in gaining entry to a famous university will be far less than in the immediate past. At this...
9 Sep at 6 PM 2019
For expats buying a home overseas, it’s often a daunting prospect due to language difficulties and lack of knowledge of property
laws applicable to non-citizens.
Emigrating on a permanent or semi-permanent basis often includes buying a property
in the new country of residence, but it’s a challenge for new arrivals who don’t yet know their way around property
laws and the correct procedures. As a result, the first priority should be to seek legal advice from a totally independent property
specialist with no ties to any other...
3 Sep at 6 PM 2019
UK expats hoping to invest in a British property
after Brexit crushes house prices may now find better deals from mortgage lenders.
Competition between British banks has resulted in something of a price war, with casualties now either quitting or identifying new markets for their products. Either way, the development has simplified expat searches for the best buy-to-let or investment mortgage deals. The change in sentiment is thanks to the recent government-induced tighter laws aimed at reducing the risks of non-payment. Banks...
29 Aug at 6 PM 2019
Expats are now asking the question they don’t want to think about - what happens to money in their QROPS when they die.
Making a will is a necessity ignored by a high number of expat retirees, wherever in the world they’re located. Whist it’s not a subject expat retirees want to dwell on, it’s especially important to make sure money still in a QROPS goes to the intended person once its owner passes on, rather than to the home country's greedy taxman. It’s necessary to nominate the beneficiary by simply filling in the correct...
28 Aug at 6 PM 2019
British expats looking to purchase new-build property
in the UK are being warned over the risk of lost deposits.
UK expats thinking about investing in a new-build British property
are now being warned they risk losing their deposits should they need to pull out of the deal. Typically, 10 per cent deposits are now required on newbuild British homes, with strict rules on how or if at all deposits can be repaid should the deal fall through. Typically, if buyers are not able to proceed, some or all of their deposits are deemed...
23 Aug at 6 PM 2019
Expat would-be entrepreneurs in Benidorm are being warned over property
After a British expat lost her life savings to a fraudster, expats interested in buying a bar or restaurant are being warned to be on their guard. British expat Karen Wadrop came to Benidorm in order to make her dream of owning a bar in the popular Spanish beachside resort come true. In June this year, she was approached by a man who introduced himself as Ali and said he was looking to rent out his pub in the Rincon de Loix district. She agreed to take over...
23 Aug at 6 PM 2019
As British banks cut back on expat buy-to-let mortgages, there’s one lesser-known way to secure a loan.
As the number of British banks offering buy-to-let mortgages to British expats working overseas decline still further and those still in the market now cherry-picking applicants, getting a loan whilst still overseas is a tough task.
With only one or two high street banks still serving this niche market, the few lenders still operating are tightening their requirements and restrictions, thus excluding all but a privileged few...
19 Aug at 6 PM 2019
A British single mother is now fighting to stay in her Costa del Sol home despite being harassed by lawyers.
In the second case of this nature within several months, a single mother and her son are now suffering ongoing abuse by administrators of the development where she's living because she won her court cast against their sale of her home. Victoria Jenkins, her four-year old son and her husband left the UK to settle in Mijas in 2012, but her husband didn’t return after a business trip to Indonesia, leaving his wife and son Samuel...