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Financial

Financial > Expat Focus

Expat Focus

Expat Focus Financial Update June 2019




UK is the most expensive country to send expats

The UK has overtaken Japan as the most expensive destination to send expat employees, a survey reveals. The findings from ECA International reveal that while salaries have remained static, costs have increased with higher tax and housing costs.    more ...


Financial > Expat Focus

Expat Focus

Expat Focus Financial Update May 2019




HMRC warns expats 'time is running out'

Taxpayers and expats with offshore accounts are being warned by HM Revenue and Customs that ‘time is running out’ to declare their interests.In addition, all financial advisers who have referred a client to an overseas financial institution or helped them to find offshore advice and services must declare this to HMRC by the end of May.    more ...


Financial > Expat Focus

Expat Focus

Expat Focus Financial Update April 2019




Expats are not saving enough for retirement

A survey has revealed that most expats working in the United Arab Emirates have ‘no realistic plans’ when it comes to securing a comfortable retirement lifestyle. The survey was carried out by Friends Provident International, who found that less than half of expats save regularly for their retirement, despite the fact many of them expect to stop working at the age of 55.    more ...


Financial > Expat Focus

Expat Focus

Expat Focus Financial Update March 2019




HMRC unveils offshore tax evasion crackdown

A new strategy that will see HM Revenue & Customs cracking down on offshore tax evasion has been published. In his Spring Statement, Chancellor Philip Hammond unveiled the new strategy entitled 'No Safe Havens 2019'.    more ...


Financial > Expat Focus

Expat Focus

Expat Focus Financial Update February 2019




Fewer expat retirees heading to EU

Brexit has led to a fall in the number of British expats heading to the European Union to retire. According to research from EasyMoney, using data from the Department for Work and Pensions, the number of British expat retirees living in the EU fell by 6,110 last year to 468,790. It's the first year that the number of pensioners retiring to the EU has fallen since 2007.    more ...


Financial > Expat Focus

Expat Focus

Expat Focus Financial Update January 2019




British expat pensions after Brexit

Fears that the expat pensions for British expats in the European Union will be frozen have been dispelled by the UK government.

Previously, the government said it would maintain its 'triple lock' for pensions if this was reciprocated by the EU but this led to widespread worry in the expat community. Now, the government says that the UK state pension will be uprated for those who are living in the EU in 2019/20.    more ...


Financial > Expat Focus

Expat Focus

Expat Focus Financial Update December 2018




UK expats face EU pensions freeze post-Brexit

Around 500,000 British expats who live in the European Union are facing the prospect of their state pensions being frozen should there be a 'no deal' Brexit. The Brexit secretary, Stephen Barclay, has published a policy paper saying that the government is currently planning to preserve a UK national’s state pension rights when they live in the European Union.    more ...


Financial > FC Exchange

FC Exchange

Five Things To Consider If You’re Moving To France




If you’re considering moving to France, there are plenty of things to consider before your move. Our currency partners Global Reach highlight five things to think about before you make the leap abroad.


Healthcare

If you’re moving to France, you’ll need to take out mandatory health insurance. Healthcare is also somewhat funded by compulsory sécurité sociale (social security) payments that are taken from wages, and the government also offers some subsidy. On average, around 80% of your trip to the doctor should be reimbursed.    more ...


Financial > FC Exchange

FC Exchange

Christmas Traditions Around The World




Whether you’re living across the Channel or are moving around the world to live Down Under, there’s plenty of different ways of celebrating Christmas in different cultures. You might swap your roast dinners for BBQs or find some new festive traditions to get involved with in your new home. Our currency partners Global Reach discuss some of the traditions expats can enjoy abroad.

   more ...


Financial > Expat Focus

Expat Focus

Expat Focus Financial Update November 2018




Expats head to the US for career and money

A boost to income and a better quality of life continues to drive expats to take up career opportunities in the US, a survey reveals.

The new Expat Explorer survey published by HSBC found that more than half of those questioned said they had lived in the US for more than five years and have enjoyed career development.    more ...