expat network

Expats Relocate For Better Careers

Research has shown that 30 per cent of expats said that they relocated for better career opportunities and a quarter listed increased pay and benefits. A further 15 per cent relocated for an improved work/life balance. The research, by global healthcare provider AXA, also found that 14 per cent moved for a better environment to...

Ten Best Countries For An Expat Career

More than one in three expats mention their job or business as their most important reason for relocating. 15 per cent moved abroad because they found a job on their own, and 13 per cent were sent abroad by their employer. Not all destinations where expats are particularly satisfied with their individual career options are...

Should I Bill Through A Company Or Direct?

I’m working with a German contractor, billing it for my services through my UK limited company. I have heard that after two years contracting by German law they need to employ me direct. Is this correct? Nick Broughton of Capital-GES answered this enquiry. “If you are working in Germany on a contract for any...

Terrorism Disruption Cover Part Of New Travel Plan

Voyager Insurance Services has launched Voyager Plus Travel Insurance, which rebrands and replaces its former WEBroker Travel Insurance product with new features. The plan includes the following new features added for 2017: No upper age limit for single trips Emergency medical expenses increased to £20 million Ability to increase cancellation cover up to £10,000 Ability...

Saudi Arabia Collects New Tax On Expats

From July, Saudi Arabia is collecting a new tax from expats and their dependants, a move that is seen to boost the country’s revenues amid weak oil prices. The new fee will be 100 Saudi riyals (SAR) per dependant per month, around £21 or $27. The amount is expected to increase gradually every year until...

Sponsored: Is Employer Health Cover Enough?

When a person becomes an expat, there are many things to worry about upon arriving in a new home country. Fortunately for many, health insurance is often not among them, as employers will have a group insurance policy that an expat employee and their family can join. Are these group insurance plans all they’re cracked...

currency exchange

Expats: Consider The Basics Of Wealth Management

In managing your money you may wish first to consider your residence and tax situation before looking at the principles of investing. By Iain Yule First of all – where are you resident? If you are British, make sure you are truly UK non-resident, meaning you do not have to pay UK income tax (and...

Why Some British Expats Are Liable For IHT

You may not be aware as a British expat who pays no UK income or capital gains taxes that you can still be liable to inheritance tax (IHT). Your liability for UK IHT depends on if you are deemed domiciled in the UK, says Stuart Ritchie of expat financial advisory firm AES International. If you or your...

Top Savings Rates For Expats – June

Many expats can benefit from using offshore bank savings accounts. They are useful for working in different currencies and for gathering interest without deduction of taxes. By Iain Yule See the article ‘British Expats – Do You Need An Offshore Bank Account?’.   The best current offering for sterling offshore savers is Standard Bank’s 1.2%,...

Working In South Africa: The Tax Implications

South Africa is one of the expatriate jurisdictions where proactive planning makes a significant difference to the tax and exchange control implications of an international mobile employee. The primary reasons for this proactive planning are: Unlike most other countries, with good planning you only become ‘tax resident’ in the beginning of your sixth year in...

Will Care Visits To UK Affect Our Tax Status?

My wife and I have permanent residence in Bermuda. We are returning to the UK for maybe several months to assist with the care of my elderly father. Will we become resident in the UK at some point and subject to UK taxes? Jason Porter of expat financial advisory firm Blevins Franks answered this question. “Basically, if...

Malaria Poses A Risk To Contractors And Beyond

Protection form mosquito bites is not being taken even by professionals in the travel risk business, a new survey has found. Less than a quarter of organisations have pre-travel health programmes in place. Data from medical and travel security risk services company International SOS shows that malaria represents an increasing proportion of offshore medical and...