Expat Focus Financial Update January 2022

US expats face double taxation threat American tax specialists in the UK have highlighted a potential issue for US expats lurking in President Biden’s Build Back Better bill, if it is passed as currently written. Countries such as the UK, India, Australia and New Zealand, which have a tax year that is not in sync … Read more

Expat Focus Financial Update December 2021

DeVere comes under fire for ‘loss of expats’ money’ Financial firm deVere is in the spotlight this month for allegedly losing large quantities of expats’ money. Wealthy expats, NHS staff working abroad, and expats working for construction companies all say that they took tax advice from the firm after receiving a number of cold calls. … Read more

2021 UK Tax Changes To Pensions

Covid-19 has caused the UK Government to re-examine pension finances and to roll out certain reforms. These types of reforms, aimed at reducing costs, were inevitable in most European economies. In this article, we will look at four key topics: The UK Government’s new formular for paying out state pensions The freeze on the lifetime … Read more

UK Expat Tax – Indonesia And Thailand

Are you a British expat moving to or living in Indonesia or Thailand? Do you understand how the tax system works, and what reliefs are available? We are delighted to share with you a new video from Expat Focus partner and Founder of Global Expatriate Tax Services (GETS), Oliver Heslop, offering tax advice for expats … Read more

Covid And Expat Tax – An Advisor’s View

Expats around the world have suffered a variety of inconveniences as a result of Covid-19. From halting relocation plans to trapping people abroad, the pandemic has certainly made its presence felt among the expatriate community. In this article, we’re going to focus on the impact it’s had on expat tax. My name is Oliver Heslop, … Read more

Expat Focus Financial Update November 2021

Hong Kong “increasingly isolated”, experts warn Financial experts warned in early November that HKSAR is becoming ‘increasingly isolated’ as a result of the city state’s draconian policies. We have regularly reported on this issue throughout the latter stages of the Covid-19 pandemic. There is now what news hub Al Jazeera and the Financial Times report … Read more

Expat Focus Financial Update October 2021

Expats return to the UK – to get divorced A change in the rules has led to expats returning to the UK to obtain a divorce, the Financial Times reported this month. Law firm Expatriate Law says that the post-transition period of Brexit has made this more alluring (if one can say this about the … Read more

Expat Focus Financial Update September 2021

Expats return to Dubai The Financial Times reports this month that expats are returning to Dubai, driven by attractive new visa deals and high Covid-19 vaccination rates. The local economy has been hit hard by the pandemic, especially as around 11% of Dubai’s economy is fuelled by tourism, which has seen an obvious crash. Tourist … Read more

Expat Focus Financial Update August 2021

American financial clients lose out Despite J P Morgan having recently acquired the UK’s largest digital wealth manager, Nutmeg Saving & Investment Ltd, the fund is now allegedly telling American clients that they will have to leave and that their accounts are being closed. J P Morgan is said to regard Nutmeg as its biggest … Read more

Expat Focus Financial Update July 2021

Expat drift from Singapore continues to gather speed A desire to leave the city state continues to grow among Singapore’s expats, according to a Financial Times report in July. We’ve reported on this before, and it continues to be an issue. ‘Jabs, jobs and travel restrictions’ are the reasons behind the discontent, the paper says. … Read more