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.

Mexican lakeside haven is affordable expat retirement hub

Mexican lakeside haven is affordable expat retirement hub
If you’re looking for a retirement hub outside the EU, you could start by investigating these two Mexican lakeside cities already popular with US expats. Chapala and Ajijic are both bordered by Lake Chapala, Mexico’s largest freshwater lake and are just a 45 minute drive to Guadalajara, the country’s second largest conurbation. The...

Taking care of the practicalities before you retire overseas

Taking care of the practicalities before you retire overseas
If you’re looking to spend your retirement abroad, a certain amount of advance planning will make the transition far easier. Wherever you’re heading, the first priority is getting the correct visa for your needs, whether your dream is lazing on a beach, volunteering or even starting a blog or online business. Right now, Britons can...

Tax breaks and added perks aim at attracting City bankers to Europe

Tax breaks and added perks aim at attracting City bankers to Europe
If you’re a financial services professional planning to relocate to Europe either before or after Brexit, you’re likely to keep more of your salary than your UK counterparts. New analysis has shown bankers and financial services professionals will benefit from certain personal tax sweeteners after their employers have relocated to new...

UK expat retirees advised to transfer personal pensions before Brexit

UK expat retirees advised to transfer personal pensions before Brexit
British expats overseas who’ve left their personal pension back in the UK are being advised to transfer it before Brexit kicks in. The advice is aimed not just at UK expats already living abroad, but also to those planning to emigrate in the near future. It’s being spurred by increasing concern over the viability of company pensions...

Mexico wins out on low cost expat locations

Mexico wins out on low cost expat locations
For would-be expats turning their backs on EU member states due to Brexit, Mexico may well be the answer. For many aspiring expats, including retirees and budding entrepreneurs, the cost of living is a major factor in their choice of destination. Building a new life in EU member state favourites such as Spain is now risky due to Brexit,...

Getting to grips with Brexit induced currency movements

Getting to grips with Brexit induced currency movements
If you need to send money overseas for any reason, you should take into account the Brexit effect on currency exchange rates. It was obvious from day one after the referendum result was announced that the pound sterling was about to suffer a lasting negative effect, as it dropped immediately against the euro and other major currencies...

Expats hit by increase in UK passport postal applications

Expats hit by increase in UK passport postal applications
As part of a Home Office campaign to shift the cost of UK passport processing to users rather than having it partially subsidised from tax revenues, the charge for a postal application is set to soar. The move is expected to hit hard on British expats as well as citizens living outside the London area, with the fee increase being passed...

New expat arrivals in Dubai warned over fraudulent IFAs

New expat arrivals in Dubai warned over fraudulent IFAs
A Scottish IFA has been convicted in a Dubai court of running an unauthorised financial advice business, thus allowing his expat victims to sue to recover their losses. The judgement is being recorded as a landmark decision as it’s one of the first convictions of its kind in any expat destination which allows clients who’ve lost money...

British expat starts online petition against QROPS offshore pension transfer tax

British expat starts online petition against QROPS offshore pension transfer tax
British expats planning to relocate their pension offshore are mounting a petition against the recently-introduced massive tax on their savings. Beginning in March last year, expats and recent retirees planning to emigrate outside the EU and a few other countries have been forced to give up 25 per cent of the full value of their savings...

Online banks are the digital solution for wandering expats

Online banks are the digital solution for wandering expats
Expat mobility is far greater now than in previous decades, with the new alternative world of finance and banking making it far easier to control your cash. Until recently, international banking for the average mobile expat was little more than an expensive nightmare, but the new world of online banking alternatives is reducing stress...