Expat Property Abroad News

Latest 10 news items tagged Property Abroad

13 Sep at 6 PM 2019

Urgent travel warning issued for expats and tourists as Spain’s extreme weather returns

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

Popular annual Amsterdam International Expat Fair scheduled for October 6

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

British independent schools now affordable for expat kids due to shrinking sterling

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

Ensuring the best outcome when investing in an overseas property

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 banks now competing for a share of the expat mortgage market

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

Treating unspent QROPs monies as part of your inheritance strategy

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

Brit expats buying into new build UK homes at risk of losing deposits

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

British expat scammed out of life savings by fake Benidorm bar owner

Expat would-be entrepreneurs in Benidorm are being warned over property scams. 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

Sharia compliant loans open to expat buy-to-let applicants

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

British expat single mother abused and intimidated by Cymergest administrators

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...