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Financial

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 ...


Financial > Expat Focus

Expat Focus

11 Common Money Mistakes Made By Expats




This simple list of some of these financial errors made by expats will help prepare an expat for their new life experience.

Moving costs

Most expats will need to pack up and move most of their personal belongings to their new home and will need to put together a budget and stick to it.    more ...


Financial > Expat Focus

Expat Focus

Expat Focus Financial Update 25 January 2017




Expats' offshore bank accounts closed

Expats who have accounts with an offshore bank are being contacted and informed their accounts will close this summer.

The move by Nationwide International could affect thousands of British expats around the world.    more ...


Financial > Expat Focus

Expat Focus

Five Finance Tips For First-Time Expats




Money makes the world go round, or at least it did at one time. Years ago, most people made the decision to work in a foreign country mainly because of the financial benefits that came with it. A majority of them then chose to return home when they had accumulated a significant amount and could lead a comfortable life.    more ...