Expat Property Abroad News
Latest 10 news items tagged Property Abroad
11 Nov at 6 PM 2019
Homes for 20 rescued dogs are desperately needed after a Costa Blanca charity loses its premises.
The APAH pet charity in Pilar de Horadada was founded in the year 2000 by British expat Yvonne Colbyn and her friend, and has cared for abandoned and stray dogs ever since, rehoming as many as 2,000 dogs and cats. The cash to keep the shelter going is raised both by donations, fund-raising events and by two charity shops in Pilar and San Miguel de Salinas, and the shelter is also home to its two founders.
For the past four years, the...
8 Nov at 6 PM 2019
Newly promoted expats’ enemy Safa al Hashem hits out again at expat remittances.
Al Hashem, now the head of Kuwait’s National Assembly Financial and Economic Affairs committee, hit out yet again at expats living and working in the emirate by calling for government support on a draft bill imposing taxes on money sent back to the home country by expatriates. Lawmakers are expected to push the bill though its approval stage, giving more chance for it to be voted into Kuwaiti law. T
he controversial bill was first introduced by al...
6 Nov at 6 PM 2019
With worldwide property
investment still a favourite for expat professionals, Mauritius’s recent rule relaxation should prove of interest to those with spare cash.
Already well-received in the worldwide expat property
investment community, Mauritius’s recent relaxation of several rules governing property
and residency has resulted in a fairly dramatic surge in interest. As a result of the changes, the small Indian Ocean island and its 1.2 million population are now accessible to any expat with $500,000 to spare. For this amount,...
5 Nov at 6 PM 2019
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...
4 Nov at 6 PM 2019
New expat arrivals in the Netherlands are being warned to check out the credentials of real estate
agents when searching for accommodation.
The warning comes as one scam artist is remanded in custody on charges of ripping off 13 victims for a total sum of around €100,000 in order to finance his gambling addiction debts. In a procedural court hearing held last Wednesday, the fraudster admitted he’d scammed some 42 people by means of deposits and pre-payments for rental accommodation not actually for rent. No-one suspected his...
31 Oct at 6 PM 2019
Brit holiday home landlords with properties in Europe are in for an unpleasant tax shock once Brexit finally kicks in.
Many thousands of British would-be expats who’ve purchased holiday homes in preparation for retirement and are letting them out in the meanwhile are to be hit with increased property
taxes once the UK leaves the EU. Worst hit will be those with properties in Spain, the favourite destination for British visitors due to its laid-back lifestyle and established expat communities.
At present, British expats pay...
29 Oct at 6 PM 2019
Expats in Spain are now being warned over an increase in squatters knowledgeable about their legal rights.
The increase in illegal squatters is taking place in many areas popular with expat retirees, and is becoming a very real threat to their lifestyles and overall safety. It seems squatting in now becoming a well-organised racket led by belligerent illegals who’re fully aware of their rights and have crooked lawyers backing them up. Some areas are now almost no-go for expat home owners, with Alicante one of the worst affected...
22 Oct at 6 PM 2019
Brits in Spain are rushing to register as Brexit looms.
With just over a week to go before the threat of Brexit becomes a reality, the numbers of British expats registering with their local authorities has soared, but the numbers of Brits officially registered in Malaga province tanked from 76,931 in 2013 to just 47,193 in 2019. Since 2013, the value of sterling has been steadily falling, putting pressure on the none-too generous UK state pension, and rises in property
prices have also had negative effects on the Costa del Sol region...
22 Oct at 6 PM 2019
In spite of reports suggesting expat bankers in Hong Kong are in it for the long-haul, realtors are seeing a rush to invest in Australian property
Both expat professionals and Hong Kong’s wealthy elite are now hedging their bets on the outcome of the seemingly endless weekend protests. Although it seems no-one actually wants to leave, those with enough folding money are quietly investing in Australian property
as a hedge against a full Chinese military takeover of one of the world’s most important financial hubs.
21 Oct at 6 PM 2019
Following Saudi Arabia’s easing up of some regulations affecting expats, it’s now cracking down on so-called public misbehaviour offences.
‘Give a little, take a little’ seems to be the new Saudi attitude towards foreign visitors and its expat community, with the introduction of new laws against public behaviour. Ten new rules are now in the statute books, with fines of up to $1,333 to be levied on non-compliance. Starting with physical or verbal acts of violence or any other acts which cause fear, damage or threats to public...