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Sponsored: Managing Your Currency Transfers In 2017

Now that 2017 is in full swing have your New Year resolutions gone by the wayside? Giving up on that musical instrument you’ve been meaning to learn, or missing a few – or most – of your planned visits to the gym is an annual tradition. But if reducing your expenditure was top of your list of good intentions, there’s every chance you fully intend s ...

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Sponsored: Your Currency Guide For 2017

2016 wasn’t the greatest year that we’ve seen in our life, with Brexit, Donald Trump’s surprise election win and the fall of the pound; expats everywhere were unsure what the uncertain future holds By TransferGo Of course, there are negatives to each of these events, there are also positives regarding Brexit and Trump and it’s important we take the bad with the good. So with these in mind, here ar ...

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British Expats With Sterling Incomes Feel The Pinch

Greater economic uncertainty has contributed to the pound declining in value against the majority of major currencies in the past year, according to latest research from Lloyds Private Banking. Over the past 12 months, the pound has fallen in value – to varying degrees – against 56 of the 60 currencies analysed. This followed a good year for the pound in 2015 when sterling gained in value ag ...

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Is Brexit An Expat Pensions Bonus?

With Brexit uncertainty and a range of options available, pensions can be a source of concern and confusion. For expats, however, there are opportunities on offer. Pensions are complex, yet often the cornerstone of a comfortable retirement. Today, with Brexit looming and more options than ever for what you can do with your funds, it is difficult to establish the best approach – there is no ‘one si ...

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Sponsored: Low-Cost Currency Transfers

Since 2009, CurrencyFair has been providing low-cost currency transfers, saving their customers up to 88% of the total cost involved, in a market which sees around $5 trillion transferred every single day. Having transferred over €4 billion to date, CurrencyFair is well positioned to increase consumers’ awareness of traditional banking practices (and fees!) in this area. Like all great ideas, nece ...

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Sponsored: Save On Your Currency Transfers

If you’re a British expat with an international money transfer requirement, save by using a currency specialist. The British expat community has grown exponentially in recent times – in total, more than 5 million of us currently live abroad; with an estimated 123,000 jetting off to pastures new last year alone. By Smart Currency So, where do the adventurous among us to tend to gravitate? Wit ...

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Tax On A Move Back To Canada?

I am a Canadian non-resident in the Czech Republic. I plan to return to Canada in two years’ time to finish working and eventually retire. I filed a T1 General form for 2015 as I had a small amount of interest income from a bank account I hold in Canada. Must I always report interest income? I also want to transfer money into a Canadian investment account. Michael Atlas of TaxCA.com answered this ...

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Tax And Residence Rules For British Expats

You can still be liable for UK income tax even if you think you are safely non-resident. Make sure you pass the statutory residence test, writes Iain Yule. The UK’s statutory residence test is a welcome development after the old system, say advisers at expat specialists Blevins Franks, and provides much more certainty. However for more complicated cases it can still be rather complex and it is imp ...

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