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Top Savings Rates For Expats – March

Here are the latest expat savings rates. 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. See the article ‘British Expats – Do You Need An Offshore Bank Account?’ The best current offering for sterling offshore savers (with n ...

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Why Does Your Expat Health Insurance Premium Go Up Each Year?

So this is the time of the year. You receive your health insurance bill and are frustrated to find that you need to pay more this year. As a matter of fact, health insurance premiums seem to increase so naturally each year that you may stop asking why. But have you ever wondered, other than inflation, what are the other factors that affect the cost of health insurance globally? This article was wr ...

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Migrants To Australia To Be Banned From Melbourne And Sydney

Australia has announced that it plans to bring in new rules to help to reduce the number of new immigrants choosing to settle in its biggest cities, Sydney and Melbourne and alleviate pressure on housing, schools, healthcare and public transport.  With immigration likely to be an issue in the next election and the coalition of Prime Minister, Scott Morrison, trailing in the polls this is seen as a ...

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How To Renounce US Citizenship, The Costs And Implications

Reports consistently point to the increasing numbers of Americans considering renouncing their US citizenship with the burden of citizenship-based taxation as the major driver.  Up until 2009 there were less than 750 people renouncing their US citizenship annually.  This increased to 1,500 in 2010 and continued to grow peaking in 2016 at 5,409 with a marginal drop to 5,132 in 2017.  The numbers ar ...

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UK Expats: Do I Need To File A UK Self Assessment Tax Return?

If you no longer live in the UK, you may still be required to file a Self Assessment tax return with HMRC even if you’re a non-resident. This article was written exclusively for Expat Network by Go Simple Tax   Tax rules for UK residents and non-residents can be different – one of the first requirements will be to determine your tax residency status in the UK. An important factor is to rememb ...

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Hong Kong Priciest For City Centre Apartments

The average price of a two-bed city centre apartment in Hong Kong is £1,280,000, more than 11 times as much as the US average (£111,000) and almost £1,000,000 more than in Europe (£131,000). This makes Hong Kong the priciest country in the world to purchase a city-centre apartment. This data comes from new research provided by personal finance comparison website finder.com London is the second mos ...

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The Australasia Energy Sector – Market Outlook

What is the market outlook for the Australasia energy sector? Matt Underhill, MD of the Asia Pacific Region at energy recruitment firm NES Global Talent offers his view on the future outlook for vacancies and talent in the Australasia region.   Australian Energy Export Market The Australian energy export market endured a turbulent 3 years from the oil downturn in 2014 however the past 12 mont ...

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Energy Sector “Hotspots” – Asia Pacific 2018

What are the energy sector hotspots in the Asia Pacific region in 2018? Matt Underhill from NES offers his view on the future outlook for vacancies and talent in the energy sector in the Asia Pacific region.   This article was written exclusively for Expat Network by Matt Underhill, MD of the Asia Pacific Region at NES Global Talent   Shoots of recovery According to Underhill, the Asia P ...

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A Step-by-Step Guide to Filing US Expat Taxes Late

Filing US expat taxes late – if you’re behind on your taxes, you aren’t alone. The 2018 US Expat Opinion Survey, which gathered the opinions of over 3,800 expats worldwide, found that nearly 7% of expats were behind on their taxes. Becoming compliant on expat taxes might be easier than you think! Just follow the step-by-step process outlined below. This article has been written exclusively f ...

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What Are The Consequences Of A No Deal Brexit For British Expats?

With Theresa May’s Chequers plan firmly rejected by Donald Tusk, President of the EU as well as by her fellow leaders within the EU where does this leave us now?  Many are predicting that there will inevitably be a ‘no deal’ Brexit focusing attention on the contingency plans announced in August.  Others cling to the hope that there will be a second referendum where people will call a halt to Brexi ...

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