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Financial

Financial > Expat Focus

Expat Focus

Common Expat Investment Scams And How To Avoid Them

(c) Government of Zimbabwe

(c) Government of Zimbabwe

Investment firm AES International issued a warning to British expats living in Spain to be wary of potential financial fraud after scammers targeted them because Brit savers now have access to their pension pots at the age of 55.

The firm's head of pensions, James McLeod, said: “There are many unregulated and unqualified advisers working in Spain who see the pension eligibility rules as an opportunity for swindling hard-working people out of their life savings.”    more ...


Financial > Expat Focus

Expat Focus

Expat Focus Financial Update 08 August 2016




UK pensions 'triple lock' under threat

There are 1.2million British pensioners living in the European Union who have no idea of how the UK's leaving the EU will affect their pension payment.

Their fears have been made worse after a Sunday Times report that the 'triple lock' may be scrapped.    more ...


Financial > Expat Focus

Expat Focus

Expat Focus Financial Update 01 August 2016




Most expensive countries for expat packages revealed

The most expensive country for expat packages in the world's top 40 financial hubs has been revealed as the UK, according to a survey.

ECA International says this is the second year running that the UK has topped its charts, with the average cost to an employer paying an expat middle manager adding up to $390,000 a year.    more ...


Financial > Expat Focus

Expat Focus

A Guide To International Bank Accounts For Frequent Relocators

(c) SteveHopson.com

(c) SteveHopson.com

For many people, choosing a current account from one of the leading providers is fairly straightforward and is based on criteria such as branch locations, how much of an overdraft they will let a customer have, and what free gifts or incentives they give for opening an account.

However, when an expat relocates overseas - whether that's for a long-term or short-term working assignment - then the limitations of many international bank accounts become very apparent.    more ...


Financial > Expat Focus

Expat Focus

Expat Focus Financial Update 25 July 2016




Best locations for expats revealed

For expats who are looking for entrepreneurial opportunities or who are simply wanting the best place to move to, a new report has revealed which cities offer the best opportunities.

The report from accounting firm BDO says that entrepreneurs should head to Hong Kong with London following closely in second place, while the best places for expats with families are Luxembourg and Vienna.    more ...


Financial > Expat Focus

Expat Focus

A Short Expat Guide To International Bank Accounts




For those thinking of moving regularly while overseas, an international bank will be the best financial solution for their needs.

While they may consider retaining their existing bank account, they will soon appreciate when they withdraw local currency that their transaction costs will begin to mount through currency conversions. However, with an international account they can save money on these charges.    more ...


Financial > Expat Focus

Expat Focus

A Guide To The New Rules For Expat Contractors In The UK




British expat contractors working in the public sector who have their own company for tax purposes in the UK may be in for a financial surprise next April when new laws come in which could see their status changed.

The rules also apply to expats working in the UK public sector who have formed their own company but not to expats working in the private sector.    more ...


Financial > Expat Focus

Expat Focus

Expat Focus Financial Update 18 July 2016




Expats in UK express fears for future

The fallout from the Brexit vote for the UK to leave the European Union continues, with reports of growing concerns among expat workers living in the United Kingdom.

Their fears grew after Theresa May was questioned during her campaign to be Conservative leader and she refused to guarantee the immigration status for millions of Europeans who currently live in the UK.    more ...


Financial > Expat Focus

Expat Focus

Expat Focus Financial Update 06 July 2016




Brexit impact rumbles on for expats

A settlement for British expats living in the European Union will be a key issue in the upcoming Brexit negotiations after the UK government said European nationals can continue to live in the UK.

However, the Foreign Secretary Philip Hammond said the announcement was 'absurd' without arranging a similar commitment from European governments for British expats settled in their countries.    more ...


Financial > World First

World First

If The UK Votes To Brexit, Will That Make Me A Brexpat?


World First

If The UK Votes To Brexit, Will That Make Me A Brexpat?

Whilst there is very little consensus about what a Brexit might mean for the 1.2 million UK expats living in the EU, World First’s Chief Economist, Jeremy Cook, gives his view on life after June should our expats become Brexpats.

First Things First, How Likely Is It That The UK Will Vote To Leave The European Union?

It depends on who you listen to!    more ...