Finance News - Emigrate UK

This is the category page for all Finance news here on emigrate.co.uk, where you can view all the Finance emigration news.

Sterling crash sees massive discounts for expat purchases of upscale London properties

Sterling crash sees massive discounts for expat purchases of upscale London properties
For international private investors as well as British expats biding their time until retirement, British property is now at bargain prices. UK expat professionals on contract overseas and looking at a safe return for their spare funds need look no further than back in the home country. Even in normal times, carefully chosen property...

Taking early retirement as an expat brings inner peace

Posted on September 25, 2019 in Finance
STORY LINK Taking early retirement as an expat brings inner peace
Taking early retirement as an expat brings inner peace
If you’re saving every last cent against an early retirement as a mobile expat in exotic destinations, careful planning is essential. It’s almost every expats’ dream to travel the world without having to worry about the salary, the office, the boss and all the other aspects of growing a career. In order to realise this dream,...

Paying UK tax on your buy-to-let investment whilst living overseas

Paying UK tax on your buy-to-let investment whilst living overseas
If part of your expatriation plan was to purchase a buy-to-let British property and use the rental income to supplement your pension, you need to factor in the UK taxman’s share of your good fortune. It’s beginning to seem that, wherever in the world British expats settle, there's no escaping from the claws of the HMRC For expats...

Accidental Americans chased by FATCA may lose British bank accounts

Accidental Americans chased by FATCA may lose British bank accounts
Unaware accidental Americans are still risking closure of their UK bank accounts due to FATCA. Many thousands of British citizens who were born in the USA but left when they were still young children are now at risk of losing their UK bank accounts due to the US Foreign Account Tax Compliant Act – FATCA. Most of those affected are...

Recession or not, is offshore the way to go for UK expat funds?

Recession or not, is offshore the way to go for UK expat funds?
As Brexit chaos gets even worse, sterling drops still further and a UK recession looms on the horizon, it’s time for expats to take stock of their UK based assets. Political maneuvering and grandiosity on the part of the UK’s very own version of Trump are set to force the sterling exchange rate still lower, causing concern for expats...

How to make the best of your financial situation in the UAE

How to make the best of your financial situation in the UAE
With all the advantages or a reassignment to the UAE, expats can easily be carried away by their new, luxury lifestyle. Generous salaries, low or no taxation, a high standard of living and year-round sunshine are all highlights of the UAE lifestyle for expats who’ve made the move to Abu Dhabi or Dubai. However, it’s easy to get...

Credit card provision for newly arrived expats in Singapore

Credit card provision for newly arrived expats in Singapore
The vast majority of new expat arrivals in Singapore are fully aware about the high cost of living in the city state, but actually coping with it successfully may need practice as well as credit cards. It’s a sad but true fact that absolutely everything needed to live as an expat in this amazing city is expensive, with those on less...

Keeping or letting go of your home country bank account

Keeping or letting go of your home country bank account
Should British expatriates lose or keep their UK bank accounts? Deciding whether to keep your British bank account open depends on two things – your circumstances and whether your UK bank will allow you to! The majority of Britons living, working or retiring overseas would prefer not to close their British bank accounts, for reasons...

When and how to claim back inheritance tax paid to the UK taxman

When and how to claim back inheritance tax paid to the UK taxman
If you’ve recently moved overseas after inheriting a London property, you may be in for a pleasant financial surprise. British expats as well as UK residents who’ve inherited property may not be aware that, as London’s property prices have lost a considerable amount of value over the past year, they may now be entitled to claim an...

Expats returning home and needing a mortgage should use a broker

Expats returning home and needing a mortgage should use a broker
If you’re an expat thinking of returning to the home country and purchasing property via a mortgage, a recent survey claims many are missing out by going directly to a lender. Repatriating is a big decision for any expat who’s lived overseas for a long period of time, and it’s easy to lose touch with new laws relating to home...