Expat Working Abroad News
Latest 10 news items tagged Working Abroad
8 Mar at 6 PM 2019
In spite of its condemnation by several panels of experts, the South African government is determined to go ahead with its controversial new expat tax laws.
As the rules stand today, South African nationals working overseas
for over 183 days – 60 of which must be consecutive – ar exempted from paying home country taxes on their earnings. Once the new amendment are enacted, South African expat professionals in high-salaried positions overseas must pay home country taxes of up to 45 per cent of their earnings once they exceed 1...
20 Feb at 6 PM 2019
Foreigners and expats are queuing to buy luxury London properties, helped along by innovative mortgage products.
According to a report from an upscale London-based real estate agency, over 50 per cent of the prime properties sold between July and December last year were snapped up by overseas-based buyers. Foreign investors are taking full advantage of the weakened pound sterling, keeping business booming for high-end realtors. In real terms, a luxury home costing one million sterling in 2016 now costs £124,000 less due to currency...
18 Feb at 6 PM 2019
Expat and foreigner home owners of prestige properties are rushing to get them sold before Oz’s new tax exemption laws kick in.
Expatriate and foreign owners of a selection of Sydney’s most upscale real estate are besieging property agents with demands their homes must be sold before June 30 this year, the date on which they will no longer be able to claim capital gains tax exemption on capital appreciation. The new law covers both Australian nationals living and working overseas
and expats from other nationalities who’ve bought...
28 Jan at 6 PM 2019
Britain is now worse off for qualified general practitioners than Estonia, Romania and Malta.
In the past five years, over 1,000 GPs have left the UK, with many deciding to practice overseas as expats. Shortages of general practitioners in the UK have been made even worse by a report which revealed 40 per cent have left the NHS for private practice. The shocking figures are taken from official statistics in which the UK was rated 16th out of 21 world countries for GP coverage.
The statistics showed an average of 76 GPs for every...
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...