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.

British expats warned again over dodgy IFAs

British expats warned again over dodgy IFAs
Over the past several years, the UK financial regulator has cracked down on IFAs offering investments which benefit them rather than their clients, causing many to move offshore and plague expat destinations. Fortunately for British investors and pension savers, most of the easily accessible financial advice firms are now regulated,...

Majority of USA expats resent IRS and FATCA

Majority of USA expats resent IRS and FATCA
A recent survey conducted by major American tax advisory firm has shown the vast majority of US expats are angry about their tax-related treatment by their home country. Out of an estimated nine million USA expats living across the world, only one third are content with the double-tax system and FATCA reporting rules as they are. The rest...

QROPs on the decline due to new 25 per cent transfer tax

QROPs on the decline due to new 25 per cent transfer tax
The latest round of statistics published by the UK’s HRMC has shown a significant drop in the number of QROPS transfers taking place. The March 2017 introduction by HMRC of a 25 per cent transfer tax on QROPS pension transfers is believed to be the reason why the numbers of such transfer have fallen. Basically, the tax has negated a...

How far will your money go in Asia?

How far will your money go in Asia?
Moving overseas is, for most expats, a leap in the dark as regards lifestyle and budgetary demands, made even more complicated if salaries and pensions are taken in the currency of the home country. An increasing number of expats are deciding on Asia for their next move, with China in particular attracting entrepreneurs to its booming...

Cambodian Bank wins praise for stability and sound assets quality

Cambodian Bank wins praise for stability and sound assets quality
Expats heading to Southeast Asia are right to be cautious over banking security, but one Cambodian bank is now being praised by an international credit rating agency. Developing countries in Southeast Asia are now popular with expats, especially retirees, but their banking systems and the banks themselves don’t usually operate to first...

Top ten best countries for expat professional high salaries

Top ten best countries for expat professional high salaries
A recent survey has revealed the ten countries in which determined expats can earn more than in their home country. For many expats, the single reason for leaving their country of birth is the chance to earn far more than they could at home. A recent survey has identified the ten best destinations offering high salaries to expat...

Brexit: Plunging British Pound Gives Expat Buy to Let Property Purchases in UK a Lift

Brexit: Plunging British Pound Gives Expat Buy to Let Property Purchases in UK a Lift
Successful buy-to-let investments, both in the UK and in Europe, depend on sterling devaluation If you’re planning on financing your expat retirement through buy-to-let investments, keep a sharp eye on the effects of the plummeting pound. Many soon-to- be retirees looking for the good life overseas are hoping to finance a comfortable...

Sleepless night for expat Scots ends with overwhelming No vote

Sleepless night for expat Scots ends with overwhelming No vote
For the last several months, the topic of heated conversation in every expat Scottish community worldwide has focused on the national independence referendum. The historic referendum had been slated to end over 300 years of English rule over the northernmost region of Britain, but finally resulted in a larger than expected majority voting...

Retired Aussies head for Southeast Asian expat hotspots

Retired Aussies head for Southeast Asian expat hotspots
As Australia’s cost of living continues to soar, increasing numbers of retirees are packing up and heading for cheap expat havens in Southeast Asia. A new book by Australian couple Stephen and Colleen Wyatt reveals the diaspora and explains that Australian pensioners can save around 80 per cent of their living costs by making the move....

Is Asian dream fading for expat financial professionals

Is Asian dream fading for expat financial professionals
Hong Kong and Singapore have long been dream locations for expats looking to further their careers in the international financial sector, but new rules and significant changes are seeing openings receding. Nowadays, the focus in Asia’s financial industry is shifting from the hiring of expat professionals to employing local staff with...