World’s Best Places For Retirement In 2018
What are the top ten places to retire to internationally? International Living Magazine has published its Annual Global Retirement Index, identifying the best places to retire in the world. They have looked at a wide range of criteria including the ease and cost of buying or renting property, the visa and residence options available, the cost of...
Implications of the Joint Agreement for British Expats
The recent breakthrough in the Brexit negotiations has given some clarity to the question of expat rights. Jason Porter of Blevins Franks commented, ‘A landmark agreement has been reached in Brexit talks which should cement the rights of UK citizens resident in other EU countries. The most important aspect is obviously the right to reside, but...
Tax On Return To The UK?
We are in the process of considering a return to the UK. We left in April 2015 and we are resident in the Philippines. If we return we plan to sell our property in the Philippines to use as payment for a property in the UK. The question is, will the money to be transferred...
Swap The Metropolis For Hidden Pleasures Of A Tiny City
There are many myths about expat life in Luxembourg, and one of these is that it is boring. David Charter of The Times sets out the hidden benefits of life as an expat in Luxembourg once you get to know your way around. This sponsored article is published in full here: www.thetimes.co.uk/article/swap-the-metropolis-for-hidden-pleasures-of-a-tiny-city Luxembourg is...
Pensions Apartheid Is Keeping Expats Trapped In The Past
Patrick Hosking, the Financial Editor of The Times, sets out the pensions anomaly faced by British expats due to the UK’s two-tier approach to indexation of pensions. Depending on where you retire to your pension may be ‘frozen’ and not have the benefit of the ‘triple lock’. This sponsored article is published in full here: www.thetimes.co.uk/article/pensions-apartheid-is-keeping-expats-trapped-in-the-past...
How Do I Land A Job In The Middle East?
I am looking for a job in the Middle East, ideally the UAE, and wondered if you might have some tips about how to go about this? I have experience in the finance, medical and engineering sectors. Rebecca Steele, from expat financial advisers AES International, based in Dubai, answered this. “Having been a job seeker...
Number Of Expat Workers Over One Million By 2021
The global trend for international mobility looks set to continue as smaller and medium-sized multinationals, in particular, drive growth and encourage greater movement of employees around the world. This is a key finding from a study by Finaccord, which reveals that the number of multinationals worldwide is on course to reach 13,900 by 2021 while...
Head East For Best Salary Increases
According to the latest Salary Trends Report by ECA International (ECA), UK employees in the private sector are expected to see a real salary increase of just 0.2 per cent in 2018, the equivalent of approximately £4.41 a month (£53 pa) for the average worker before tax. This keeps the UK at the bottom of...
New Mortgage Range For British Expats
Offshore bank Skipton International has launched a new range of mortgages for British expats. The Guernsey-based bank is offering two new fixed rates For borrowers looking for a remortgage of £300,000 or more, the rate is fixed at 3.99% for five years. Smaller loans between £100,000 and £300,000 come with the higher rate of 4.49%...
UK Expats: Does The Self-Assessment Tax Return Deadline Affect You?
Each year, countless people leave the UK for foreign shores, chasing a new life or career. Yet this break from Great Britain may not be clean in the eyes of HMRC, who could disagree with your ‘expat’ status. This article was written exclusively for Expat Network by SimpleTax Many non-resident Britons still face obligations when it...
Tax To Be Paid Twice On Overseas Earnings?
I left the UK for India on 5 March 2017 to work on a two-year contract. My salary is paid into an Indian bank account in rupees and I transfer funds back to the UK. I am thinking of returning to the UK early in December 2017, but I fear I may be taxed in...
Sponsored: Health Insurance Exclusions You Need To Know
Health insurance is an important consideration for every expat. A robust health policy offers extensive protection against a wide range of medical procedure costs, thus ensuring that the policyholder gets the treatment they need without breaking the bank. One thing to be aware of, however, is that health insurance plans won’t cover everything. To avoid...