Expat Working Abroad News
Latest 10 news items tagged Working Abroad
24 Dec at 6 PM 2018
The latest financial scam perpetrated on expats living in Spain is estimated to have lost the victims millions of euros.
The scam, run by Palma-based GWD Forestry and involving investment in so-called agro-plantations, is the latest of its type to trap unwary expatriates living and working overseas
. So far, some 40 victims have registered with UK-based legal and law enforcement consultants Carlton Huxley, with the total amount invested believed to be around €3.5 million. GWD Forestry is being accused of the mismanagement of...
24 Dec at 6 PM 2018
Irish expats are uncertain about repatriation due to high taxes and a failing health service.
Following an appeal from the Irish government urging expats to return home and fill the skills shortage, Irish professionals working abroad
are listing the reasons why they’d rather stay overseas. Key barriers include Ireland’s high levels of income tax and lack of necessary investment in its healthcare services, with the shortage of suitable housing and the Republic’s ageing infrastructure also mentioned.
The comments were made as...
14 Dec at 6 PM 2018
Expat eco-warrior Nila lives in Dubai and is getting by very well without using plastic or any of its derivatives.
Nila is committed to proving plastic isn’t necessary for life a we know it, and she’s a magnificent example of the way to lead a totally sustainable lifestyle in the midst of Dubai’s luxurious ambience. As a child living in Africa, she was taught by her Peace Corps father never to waste anything and to always respect the environment, and she sticks by her convictions to this day. She told the media she’d been...
12 Dec at 6 PM 2018
As the old year staggers to a close, where are the best destinations for fulfilling your New Year resolutions?
New Year resolutions almost always mirror deficiencies in the previous year’s performance, whether in health, love, money, business, social life and relationships or the lack of them. From expat professionals through retirees to digital nomads, entrepreneurs, students and even trailing spouses, everyone who’s living overseas or planning to emigrate pledges to improve at least one aspect of their lives in the New Year....
5 Dec at 6 PM 2018
The week Australian dollar along with the Brexit and Trump effects are being projected to merge into a perfect storm of upscale property purchases by wealthy expat Aussies.
According to top-of-the-range real estate agents, the surge has already begun, with enquiries about prestige properties from Australian citizens living and working overseas
now at a higher rate that at any time in the past five years. According to one, since the Oz dollar fell below 80 US cents, potential buyers are looking at an effective 30 per cent discount on...
18 Sep at 6 PM 2018
American expatriates living and working in Canada are being urged to vote in the mid-terms in order to thwart Trump.
US Democrats are attempting to rally the 200,000 US citizens living in Vancouver to vote in the upcoming US mid-term elections, citing their belief that Democrat expat voters could swing the balance in a number of tightly contested battles for state governors, seats in Congress and the Senate. According to campaigner Tammy Flynn Seybold, only a miserable two per cent bothered to cast their votes in the close-called 2016...
18 Sep at 6 PM 2018
Thousands of Brit expats living and working overseas
have been caught illegally claiming British social security benefits.
Millions of pounds’ worth of social security benefits have been fraudulently claimed by British expats living and working overseas
, according to the Department for Work and Pensions. An investigation by the department along with international fraud specialists has resulted in a record amount of £1.1 billion being reclaimed, with expats living and working in Alicante and Madrid featuring strongly amongst the...
12 Sep at 6 PM 2018
Safety and the excessive cost of living and healthcare are wrecking potential expats’ American dream.
Once the dream destination for untold numbers of aspiring expats, the USA is now lagging behind 46 other world countries as shown in the recent Expat Insider survey. Respondents to the survey have to be expats living and working overseas
as part of a corporate reassignment, so don’t include retirees or entrepreneurs looking to start new businesses. Of the 187 countries surveyed, 68 are chosen by their placings in a number of...
28 Aug at 6 PM 2018
The Australian government is preparing to debate changes to the capital gains exemption rule for expats selling their home country properties.
Over 100,000 Australian expats living and working overseas
will be hit by a ruling removing the exemption of capital gains tax on sales of their home country properties. If the ruling is accepted by lawmakers, experts believe it will lead to a rush to sell before the law is brought in. The change is expected to slow a trend whereby wealthy expatriates are buying into luxury properties due to a...
1 Aug at 6 PM 2018
In spite of rumours about tax avoidance, offshore banking gives a number of advantages for expat professionals.
The vast majority of expat professionals working overseas
are paid in their local currency, with many having financial liabilities such as mortgages in the home country. Most are planning to either move elsewhere for work or retirement or even return home at some stage in their professional lives. For those concerned about banking security and ease of transferring money in various currencies, offshore banks are the sensible...