Moving abroad can be a long process with a never-ending to-do list – buy a house, find a job, learn a new language, find the kids a new school, transfer savings overseas – the checklist can be daunting to say the least. One of the most important things you can research before you go is your new destination’s currency and what causes it to fluctuate.    more ...

World First recently ran a survey of expats from 66 countries. Could you give us an overview of the project and its aims?

World First help thousands of expats transfer money around the world every year and we believe that there is a story behind every transfer. We embarked on the ‘What Expats Really Reckon’ survey to better understand the journey of an expat moving to Australia and hear first-hand expat stories about what life was really like down under.    more ...

British expats facing potential tax penalties

As part of a worldwide drive to bring about financial transparency, HM Revenue and Customs is to receive financial data about British expats living overseas.

This means that thousands of British expats could now be at risk of financial penalties for having undeclared savings accounts.    more ...

Had enough of Brexit and fancy a change? Maybe you’re tired of the political squabbles between parties, referendums, and surprise snap-elections? If you’re looking to escape Britain and head somewhere different, there are loads of places you can relocate to that cater for those seeking culture, new adventure, and political diversity.    more ...

QROPS questions for jurisdictions

British expats need to be aware that HM Revenue and Customs (HMRC) is to ask financial centres around the world whether they are breaking the UK’s pension rules.

This follows media reports in Gibraltar that HMRC is asking for offshore pension jurisdictions to reaffirm that they comply with UK pension legislation that covers British and foreign pension savers moving their pension pot overseas without incurring a tax bill.    more ...

One of the largest attractions for heading overseas to work as an expat is for the lucrative opportunity such an assignment will bring, which means understanding how to invest while living abroad will help you to enjoy the best returns.

There are a wide range of strategies that are potentially available to help an expat capitalise on investment opportunities outside of their home country.

However, many expats will simply decide to invest in their home country because that's an investment environment that they already know and can appreciate.    more ...

Call to unfreeze expat pensions dismissed

Hopes that UK expat retirees may see their pensions being unfrozen have been dealt a blow.

Richard Harrington, the pensions minister, has revealed that there are no plans under changes to Social Security benefit rules that will see state pension payments being unfrozen.    more ...

Saudi remittances fall

The struggling economy in Saudi Arabia has seen a steep fall in the amount of money being remitted to other countries.

Expats in the Kingdom sent home $2.87 billion (£2.25) in February, which is 15% less than was sent home in February last year, according to the country’s monetary authority.

Financial experts say the fall in remittances is down to the Kingdom's lower level of economic growth, including a fall in the activities of the country’s small and medium-sized enterprises, and suspended government projects.    more ...

Most British expats in EU fear for their future

A survey of British expats living in the European Union has found that 80% fear they will be deprived of the right to live in their new country.

The survey of 5,000 citizens was undertaken by the Liberal Democrats and reveals that the expats’ automatic right to work in another country is their number one issue.    more ...

Number of EU citizens wanting work plunges

A survey has revealed that the number of citizens from the European Union looking to work in the UK has plunged this year.

The findings from Indeed reveal that there's been an 18% fall in the number of citizens who are looking for work online since January in the UK.

This is the sharpest fall of EU workers looking for jobs in Britain since the Brexit referendum vote last June.    more ...