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Financial

Financial > Expat Focus

Expat Focus

American Living Abroad? Here's How To File Your Tax Return




The taxation process can seem highly complicated even to those of us who have been filing our tax returns for years. Unfortunately, becoming an expat does not make things any easier for you. In fact, when you become the resident of a foreign nation, it is imperative that you familiarize yourself with and adhere to the taxation policies of both the places.    more ...


Financial > Expat Focus

Expat Focus

Where Do The World's Highest Paid Expats Live?

(c) ByCosaPhotography on Pixabay

(c) ByCosaPhotography on Pixabay

Data recently published by HSBC Holdings Plc. shows that expats living in Switzerland are the highest paid in the world, with incomes that are nearly twice the global average. Expats living in the home of UBS Group AG, drug maker Novartis AG and commodity trader Glencore Plc earn an average salary of $188,275 a year. This was also the second year that Switzerland was ranked number one in the expat career rankings. In addition Switzerland was rated highly for financial and personal wellbeing.    more ...


Financial > Expat Focus

Expat Focus

Expat Focus Financial Update 08 March 2017




London becomes a cheaper city for expats

The Brexit vote has led to London becoming much cheaper for expats to live and work in, says a study.

While London has topped the lists for the most expensive place to live in for several years, it's now lagging behind New York and Hong Kong, according to real estate firm Savills.    more ...


Financial > FC Exchange

FC Exchange

5 Reasons to Move to the Glittering Shores of Cyprus

Will Hewitson, FC Exchange

Will Hewitson, FC Exchange

Bright blue waters, world renowned clean sandy beaches, and a Mediterranean lifestyle – it’s no wonder Cyprus is an alluring destination for many expats hoping to live life in shorts and a t-shirt. There is a myriad of reasons to relocate to the sun-soaked island and any one of them might be enough to see you booking a one-way ticket to paradise—whether it’s to spend your days out on the water or your evenings enjoying quality time with delicious local delicacies. If you’re more economically minded, you may choose to move for the strengthening economy with falling unemployment. Here are a few of our favourite reasons to relocate to sunlit Cyprus.    more ...


Financial > Expat Focus

Expat Focus

Expat Focus Financial Update 01 March 2017




Plans for EU expats in UK

Another week brings more confusion for EU expats working in the UK with one national newspaper saying a new multi-year visa will be brought in after Brexit.

More worryingly, the cut-off date for EU migrants to be considered under any future agreement about their rights within the UK could be just a few weeks away while the EU wants the cut-off date to take place after the Brexit process is invoked.    more ...


Financial > Expat Focus

Expat Focus

Expat Focus Financial Update 22 February 2017




How US expats can calculate expenses for a new country

For those who would like to become an expat in another country but have concerns over how much they will need to earn, help is at hand.

The Earth Awaits website will enable a potential expat to get a financial picture of the money they will need to live overseas. The information is also useful for non-US expats too, though the information is given in dollars.    more ...


Financial > Expat Focus

Expat Focus

Expat Focus Financial Update 16 February 2017




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 ...


Financial > FC Exchange

FC Exchange

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

Will Hewitson, FC Exchange

Will Hewitson, 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 ...


Financial > Expat Focus

Expat Focus

Expat Focus International Finance Update 08 February 2017




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 ...


Financial > Expat Focus

Expat Focus

Expat Focus Financial Update 02 February 2017




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 ...