Expat Focus Financial Update 16 February 2017


Financial - Expat Focus

US expats give up passports in record numbers

The number of US tax taxpayers giving up their passports or green cards has reached record levels, according to the Treasury Department.

In 2016, 5,411 US expats surrendered their passport which is a 20% increase on 2015’s record figure of 4,279.   more ...

  Destination Canada – All The things You Need To Know If You’re Emigrating To North America


Financial - FC Exchange

Sprawling forests, epic mountains, glass lakes, tumbling rivers and sunny cities are just some of the reasons why Canada’s landscape is so fantastic. The country is sparsely populated with friendly locals and there are plenty of French speaking regions to give you a chance to flex your language skills. Canada spans 9,984,670km and is so large it has six time zones, not to mention laying claim to the world’s longest coastline with a distance of 202,080km.   more ...

  Expat Focus International Finance Update 08 February 2017


Financial - Expat Focus

US expats face travel ban

US expats who have not paid their taxes may lose their passport and the right to travel under a law that was approved by Congress.

Known as the 'Revocation or Denial of Passport in Case of Certain Tax Delinquencies', tax code Section 7345 is not restricted to criminal tax cases but can be used if the Internal Revenue Service (IRS) believes an expat is about to flee the United States and wants to restrict their movements.   more ...

  Expat Focus Financial Update 02 February 2017


Financial - Expat Focus

700,000 expats lost their jobs in the GCC last year

A report has revealed that 2016 was a tough one for expats working in the Gulf Cooperation Council's (GCC) six-nation community, with around 700,000 expats losing their jobs.

The findings come from Hayes Group International who say that 4% of the region's 17 million-strong expat workforce lost their jobs.   more ...

  11 Common Money Mistakes Made By Expats


Financial - Expat Focus

This simple list of some of these financial errors made by expats will help prepare an expat for their new life experience.

Moving costs

Most expats will need to pack up and move most of their personal belongings to their new home and will need to put together a budget and stick to it.   more ...

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