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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 > Expat Focus

Expat Focus

Expat Focus Financial Update 06 June 2016




Demand for expat skills continues to grow

Despite the rise in technology to make global communications easier there is still a rising demand from employers for expats to fulfil overseas assignments.

Consultancy firm ECA International says that 10 years ago experts were predicting the demise of expats having to move overseas with the introduction of webinars and videoconferencing. In fact, the opposite has been the case.    more ...


Financial > Expat Focus

Expat Focus

Expat Focus Financial Update 30 May 2016




Where are expats moving to?

A new survey has revealed which countries expats are moving to - and where they are moving from.

The findings come from international relocation experts MoveHub, who analysed 180,000 client moves to find out who is going where, with some countries including the US, UK and Australia managing to make both lists.    more ...


Financial > Expat Focus

Expat Focus

The Best Countries For Expats According To The Personal Finance Index

(c) teegardin on Flickr

(c) teegardin on Flickr

The opportunity for expats to live and work overseas brings with it the opportunity to explore and experience new countries to live in, but how will they fare financially in their new homes?

The answer is, according to a survey of thousands of expats living around the world, that they will do very well indeed in most countries but not in all.    more ...


Financial > Expat Focus

Expat Focus

Expat Focus Financial Update 23 May 2016




Expats in Australia hit by lifetime allowance

British expats are among those living in Australia who could see their plans for retirement being derailed following legislation that limits how much they can save into their pensions.

That's because the Australian government has brought in a lifetime allowance cap for pensions of £250,000 or A$500,000. In comparison, the lifetime pension savings allowance in the UK is £1 million - it was, until last month, £1.25m.    more ...