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Financial

Financial > Expat Focus

Expat Focus

Expat Focus Financial Update October 2018




Expats boost income by £16,000 by moving overseas

The annual HSBC Expat Explorer survey has revealed that when expats head overseas they add an extra £15,967 ($21,000) on average to their annual pay.

The best paid expats are in Switzerland, the US and Hong Kong, the bank says. Of those who replied, 45% of expats said they earned more money by moving abroad to do the same job, while 28% said they were handed a promotion for moving.    more ...


Financial > Expat Focus

Expat Focus

Expat Focus Financial Update September 2018




British expats can transfer pensions post-Brexit

Fears that British expats will not be able to transfer their pensions post-Brexit have been allayed - even if the UK crashes out of the EU without a deal.

The promise has been made to Parliament by Pensions Minister Guy Opperman, who says that the rights of British citizens and their pensions will remain unchanged. He said in a statement: "The EU and UK have agreed the terms of implementation already lasting until the end of 2020."    more ...


Financial > Expat Focus

Expat Focus

Expat Focus Financial Update August 2018




Post-Brexit pensions issue highlighted

A worrying situation for paying British expat pensioners who are living in the European Union needs to be tackled as a matter of urgency, MPs have been told.

Under current rules, payments of life policies and pensions affecting around 38 million policyholders in the European Union could be illegal if the UK leaves the EU without a deal that includes this protection.    more ...


Financial > FC Exchange

FC Exchange

Five Things You Didn’t Know about New Zealand




Are you looking to move Down Under to one of the most beautiful places on the planet? New Zealand is full of zest, culture, and bucket-list places to visit, meaning many expats choose it as their dream destination. If you’re considering making a move to the Trans-Tasman, here are five interesting things you might not know.

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Financial > FC Exchange

FC Exchange

Moving Overseas? Tick These Items Off Your Checklist




Moving abroad can be a busy time in your life, to say the least – there’s plenty to organise, time seems to tick by quicker than ever, and a few extra pairs of hands wouldn’t go amiss! It can be quite a stressful time, but as the final layers of tape go on to seal the boxes, and you’re checking and double checking your passport is in your carry-on, it can be easy to relax and forget something. Our currency provider partners FC Exchange have written a handy checklist for you to tick off, so you don’t forget some of the most important things to do ahead of your move.

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Financial > Expat Focus

Expat Focus

Expat Focus Financial Update July 2018




The world's most expensive city for expats

Expats who are sent overseas by their employers on assignment will find that Hong Kong is the most expensive destination for them to live in, research reveals.
In Mercer's'= annual Global Cost of Living survey they found that the landscape for global business is undergoing change - as are the types of jobs that will be critical in the future.    more ...


Financial > FC Exchange

FC Exchange

Brexit Update: How to Navigate Your Money Transfers Around Political Change




The Brexit vote was a monumental event for the UK, and the divorce has been a messy process so far, with plenty of debate on who gets what in the aftermath. One of the main problems is the UK government can’t decide exactly what it wants. As the Conservative Party debates whether to remain in or out of the customs union, the EU looks on, waiting for some solid answers as the days tick by. Currency specialists FC Exchange discuss some of the things to watch for as Brexit continues and the UK’s departure from the EU looms closer.

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Financial > FC Exchange

FC Exchange

A Closer Look At Europe – Some Of The Best Cities To Move To In 2018




If you’re looking to make a leap abroad and aren’t sure where to head, why not consider some of the wonderful cities Europe has to offer? Currency specialists FC Exchange take a look at the best cities to move to in 2018 to give you some inspiration.

   more ...


Financial > Expat Focus

Expat Focus

Expat Focus Financial Update June 2018




Where can expats earn the most money?

With most expats heading overseas to enjoy lucrative pay packages, a new survey reveals the best countries for earning.

ECA International says that expats heading to Japan will enjoy the best expat pay packages for middle managers at £269,332 ($356,224). This figure consists of a base salary worth £62,765 ($82,996) with benefits adding £94,614 ($125,111).    more ...


Financial > Expat Focus

Expat Focus

Expat Focus Financial Update May 2018




HNW expats need more from financial advisors

Wealth managers who succeed are those who offer tailored products to their high net worth (HNW) expat clients in an increasingly competitive sector, says analytics firm GlobalData.

They say a one-size-fits-all approach will not meet the demands from these clients, particularly for the lucrative Chinese market and also with non-resident Indians.

The firm says that the global high net worth expat market has risen from 2014’s figure of 1 million to reach 1.2 million people last year.    more ...