|
|
|
EXPATNETWORK
25 YEARS OF EXCELLENCE
|
Expat Money Newsletter - March 2016
Your Latest Free-To-Use Money News & Resources
Welcome to the Expat Money Newsletter for March. We are once again focusing on the personal financial issues that matter to you as an expat, or would-be expat.
In this month’s edition we feature the property market, whether you are buying overseas or renting out your house back home. We also cover a new health insurance plan just for expats and guidance on doing business effectively wherever you are in the world.
There’s also a new bank at the top of the offshore savings best buy tables.
I hope you enjoy this newsletter. I welcome your thoughts on other topics you would like us to cover. Or do you have your own tale to tell or question to ask about expat money? Let me know.
Iain Yule
Editorial Director
Expat Network
iain@expatnetwork.com
| |
|
|
|
Property: Buying Overseas? Do it Right!
That dream home abroad may turn into a nightmare if you do not follow precisely the right local rules for property purchase. Expat Network’s property expert has compiled guides to many of the property location hotspots, to lead you through the different processes in each country.
|
|
|
Property: Getting A Mortgage On Overseas Home
Despite the tricky financial climate, many Britons are still taking the plunge and emigrating, or buying a second home abroad. But if you want to raise a mortgage to buy an overseas property there are many different obstacles you can come up against.
| |
Property: Tax Changes For Expat Landlords
Landlords, or those who rent out a property in the UK while living overseas, have tended to enjoy tax breaks when it comes to rental profits. If you have a property which you rent out, or plan to rent out in the future, it is worth being aware of some upcoming changes to the rules.
| |
|
New Health Insurance Plan Just For Expats
The new plan is aimed at the ‘traditional’ longer-term expat who is looking for a cost-effective solution to medical insurance. It offers three plan options across three areas of cover and is available to new applicants of any age. Cover can be taken out for short-term assignments as well as long.
| |
Doing Business Effectively Around The World
An online service aims to make it easier for you to conduct business effectively as an expat in different parts of the world. GlobeSmart is a resource to assist you to fit into unfamiliar business environments.
| |
Most Expats Have No Plans To Return ‘Home’
If you want a better life you should consider moving abroad, with over half of expats saying they have no intention of going home, according to research by AXA PPP International.
| |
|
Best Savings Rates In Expat Banking
The best offering for sterling offshore savers is Standard Bank’s 1.4%, if you have £10,000 and can give 196 days’ notice of withdrawals. For dollars, Standard Bank pays 1% for $10,000 or more, with 196 days’ notice. Nationwide International is best for euros, paying 0.65% for €25,000 or more, with instant access.
The only way to beat these rates is to lock your money away for longer. If you can leave at least £5,000 untouched for two years then 1.6% annual interest is on offer from Nationwide International.
| |
Read Your Free Expat Living Magazine
The Winter edition of Expat Living magazine is now available to read completely free of charge. You can learn about relocating to Canada and France, the property markets of Spain and Portugal, and much more about the expat experience.
|
|
Remember To Register!
Sign up for free at the Expat Network to enjoy the following benefits: access the latest overseas jobs; get help with writing winning CVs and social media profiles; and upload your CV so that our unique network of recruiters and employers can find you.
You will also find expert answers to the most frequently asked expat questions and receive regular news bulletins on contract awards and other expat news. Registration is free of charge – and you can unsubscribe at any time.
| |
|
The Expat Network
Expat Jobs, Money & Tax, Insurance and News for Contractors Working Overseas. Click Here. | |
|