Expat Visas News

Latest 10 news items tagged Visas

20 Sep at 6 PM 2018

Will the UAE’s new retirement visas solve the real estate slump?

Long-stay, wealthy expats in Dubai are mostly pleased at the introduction of ‘retirement visas’, but is the move enough to stimulate the emirate’s fading real estate market? One thing’s for sure, the new visas are welcome for expats who’ve spent most of the their working lives in the UAE and don’t fancy starting again overseas after they reach the average retirement age of 55 years. The move is also likely to encourage younger expat professionals to commit to the emirates for the foreseeable future, thus putting down...
17 Sep at 6 PM 2018

New UAE long term residence law stabilises expat life

Expatriates living and working long-term in the UAE are welcoming the emirates’ new long-term residence option. The thought that UAE law forces long-term expat professionals to leave their adopted country once they’ve reached retirement age has long been a painful thorn in the sides of those who’d given the best years of their life to helping the UAE develop to its present-day form. At best, it seemed ungrateful, and at worst it causes distress to expats who literally have nowhere else to go after leaving their friends and...
14 Sep at 6 PM 2018

China opens up Chinese stock trading to expats

China is to allow expats to trade in Chinese stocks from Saturday 15th, but it seems very few are in a rush to buy. From Saturday, most expats living and working across China will be permitted to open brokerage accounts for trades in yuan-denominated A shares, but many are in wait-and-see mode, quoting China’s reputation of rushing in where only fools dare to tread. One expatriate pointed out the volatility of the market, adding there will be mistakes needing to be corrected by brokerages and regulators before he’ll take the...
12 Sep at 6 PM 2018

Massive Chinese building spree in Phnom Penh worries expat community

Chinese money is changing Cambodia’s capital Phnom Penh beyond recognition. The city of Phnom Penh, formerly famous for its French colonial villas as well as its New Khmer Architecture modernist structures, is now becoming unrecognisable due to massive investment by Chinese developers. Over 200 investors arrived along with Chinese President Xi Jinping in October 2016, with the subject under discussion the Chinese Belt and Road Initiative. As a result, billions of dollars were committed for the construction of towering high rise...
11 Sep at 6 PM 2018

Scots expat business owners in Spain fear for the future

Scots expat business owners on the Costa del Sol are fearing for their post-Brexit futures. Even although the Spanish government has reassured expat businesses they can continue as normal post-Brexit, many are afraid the knock-on effects of losing the EU’s right to free movement will result in a dearth of British customers. Another concern is the effect of the falling pound on the number of visitors as well as on expat pensioners for whom a cheaper cost of living is a must. Visitor numbers in favourite Spanish coastal locations are...
10 Sep at 6 PM 2018

Expats in the Maldives face new tax on remittances

For many expats, living and working the Maldives is a dream come true, but finances may be getting trickier. The Maldives government is now exploring the possibility of amending the labour law to include imposing a three per cent tax on expat remittances as well as forcing payment for expat workers to be deposited in Maldives-based banks. The devil would seem to be in the detail as proposed by MP Mohamed Ameeth, who’s urging that allowances and monthly salaries of all expat workers holding work permits should be deposited in accounts...
7 Sep at 6 PM 2018

Expats returning to Dubai after summer break warned over drinking alcohol on flights

Tourists as well as expatriates returning to Dubai after the summer break are being warned not accept an alcoholic drink during their flight. The warning comes after a Swedish expat living long-term in London with her partner and children was arrested and imprisoned for drinking a glass of red wine offered to her by a stewardess. British consulates across the UAE issued the advice via a Facebook post after the story made news worldwide, with many responses asking why airlines are still serving alcohol on flights heading for Dubai as...
29 Aug at 6 PM 2018

Reactions to Kuwait ban on expats over 60 years old

Kuwait’s decision to suspend work and residency permits for expatriates over 60 years of age is drawing heavy criticism from economists as well as expats. Kuwaiti economics experts are warning the ban will cause problems in the private sector as employers will lose highly experienced expat professionals who cannot be replaced by young Kuwaitis. In addition, the decision violates the regulations of a free economy, and long-stay expats who’ve built their lives in the emirate and have no wish to either stop working of leave are...
29 Aug at 6 PM 2018

EU expats in UK in trial applications to stay after Brexit

Whilst UK expats in EU member states still fear for their rights to remain, EU citizens in the UK are starting their 'settled status' applications. A Home Office trial of the ‘settled status’ post-Brexit settlement given to EU citizens living and working in the UK is now underway in the north-west, with NHS workers as well as students and staff from Liverpool University invited to apply. The trial is expected to take several months, and the results are due to be announced in time for a full roll-out of the process in late...
16 Aug at 6 PM 2018

Is The Rock at risk due to Brexit?

British long-stay expatriates in Gibraltar are concerned no-one’s listening to them about the Brexit effect on their unique location. Nowadays, Gibraltar is more British than Britain, having belonged to the UK for 300 years and still displaying red phone boxes, letter boxes and Union Jacks. It’s a mini version of the best of Little England set just off Spain’s Andalusian coastline and is home to 30,000 people as well as its 300 famous Barbary apes. Sadly, the monkeys may get the best deal out of Brexit as no-one is asking them...