Finance News - Emigrate UK Page 4

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Is buying an entire ruined Spanish village a good expat retirement decision?

Is buying an entire ruined Spanish village a good expat retirement decision?
If you’re still gambling on getting to Spain before Brexit wrecks your chances, buying an entire Spanish village at a knock-down price might be the answer! Spain’s ‘forgotten pueblos’ were once thriving local rural communities until their young people moved to the big cities and their elders gave up on their traditional way of...

Thailand no longer an inexpensive destination for expat retirees

Thailand no longer an inexpensive destination for expat retirees
Thailand’s former reputation for being an inexpensive destination for Western expat retirees as now shattered, according to a recent survey. The bad news came as part of a Numbeo report on Southeast Asian destinations, with Malaysian and Indonesian cities now less expensive than most of Thailand’s most popular visitor and expatriate...

China?s new tax laws causing expat confusion

China?s new tax laws causing expat confusion
How will China’s new individual income tax laws affect its expat communities? Introduced at the start of the New Year, China’s reform of its Individual Income Tax system is the most significant change to be announced for decades, with expats left wondering about its effect on their finances. The new rules on personal taxation have...

How to get a mortgage as an expat professionals in the UAE

How to get a mortgage as an expat professionals in the UAE
For expats who’ve settled into their new UAE jobs and enjoy their lives, it’s possibly time to consider buying a property. Buying a home as an expatriate professional in a vastly different land is a big decision, although finding the perfect place to hang your hat is the easy part as there’s plenty of choice in the UAE. It has to be...

Expat controversy over new Thailand visa rules now includes rising baht

Expat controversy over new Thailand visa rules now includes rising baht
Unforeseen issues with Thai immigration’s new retirement visa rules now include currency fluctuations during deposits and monthly transfers. As if the new retirement visa rulings and their interpretation by immigration officers aren’t unclear enough, a new problem has arisen for those who choose the financial option of a transfer from...

British expats in the Netherlands now have no-deal Brexit relief

British expats in the Netherlands now have no-deal Brexit relief
Expats in the Netherlands still can’t quite relax and let Brexit do its worst. With a no-deal Brexit creeping closer every day and no end in sight for those Britons living, working and retiring in Europe, lawyers are doing their best to clarify the present situation. For UK expatriate professionals working in the Netherlands as well as...

British government releases financial facts of thawing expats frozen pensions

British government releases financial facts of thawing expats frozen pensions
An official notice by the British government has revealed the estimated cost of thawing 500,000 British expat frozen pensions. According to the UK’s Department of Work and Pensions, the cost of uprating 500,000 expat frozen pensions by a measly 2.5 per cent for five years would cost £3 billion. In response, one 94-year old British...

Digital nomads and expat freelancers more likely to use cryptocurrency

Digital nomads and expat freelancers more likely to use cryptocurrency
If there’s one thing which cryptocurrency isn’t, its boring. Scarcely a week goes by without cryptocurrency being mentioned on several or more expat-aimed websites, with specific reference to its use by wandering tech specialists, digital nomads and freelancers across the planet. This would suggest conventional means of payment as...

Malaysia hikes expat minimum wage threshold

Malaysia hikes expat minimum wage threshold
Malaysian lawmakers are investigating raising the expat minimum wage threshold in order to open up more jobs for local graduates. In a bid to create more jobs for suitably qualified locals, the Malaysian government is looking into raising the minimum wage threshold applied to expat hirings. The move is expected to regulate the number of...

IFAs in the Gulf States complaining about lack of expat interest in their products

IFAs in the Gulf States complaining about lack of expat interest in their products
In spite of the Middle East’s reputation for massive salaries, it seems some 66 per cent of expatriate professionals leave with less cash than when they arrived. According to a well-known Middle East IFA firm, almost all expatriates working in the region aren’t setting by any money against their retirement needs. Almost half of expats...