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.

Tips on Singapore’s living costs for new expat professionals

Tips on Singapore’s living costs for new expat professionals
Given that Singapore always seems to feature high in the many cost of living surveys, is your reassignment paying enough? Singapore’s reputation as an extremely expensive destination for expat professionals is well deserved, but it has to be said the city-state as a destination is hard to beat for its uniqueness and diversity. It’s...

Cyprus real estate Golden Visas slammed by EU corruption watchdog

Cyprus real estate Golden Visas slammed by EU corruption watchdog
EU warns Cyprus over corruption, money laundering and crime risks due to golden visas. Although the Cypriot version of the controversial golden visa scheme has seen huge amounts of cash arriving on the island, the EU’s MONEYVAL watchdog is claiming links between luxury real estate purchases and money laundering or worse are a risk too...

Baniyas district now a favourite with expats in Abu Dhabi

Baniyas district now a favourite with expats in Abu Dhabi
If you’re about to relocate to Abu Dhabi and are looking for a home in an affordable, peaceful neighbourhood, Baniyas is a good choice. Although postings to the Gulf States are considered by many expats as the path to riches and an upscale lifestyle, those who’re not quite as fortunate as regards mega-salaries can still live in...

Is Thailand still an inexpensive expat retiree destination?

Is Thailand still an inexpensive expat retiree destination?
What’s the true cost of retirement in Thailand? For several decades, Thailand has been the retirement dream of would-be expats from a good number of world countries including the USA and the UK. The Southeast Asian country was celebrated as being a seriously cheap destination for Westerners looking to live an uncomplicated life with...

Buy to let properties now favourites with British expat investors

Buy to let properties now favourites with British expat investors
If you’ve decided to leave the UK before the Brexit transition period ends and have a mortgage-free property worth many times its original price, here’s what to do with the cash! Dumping the home country for a long-term stay in an unfamiliar land can be an adventure, but stashing your cash somewhere safe and profitable is not just a...

British expat couple in Spain win case against Rothschilds Bank

British expat couple in Spain win case against Rothschilds Bank
A British retiree couple in Spain have won their case against a major international bank, meaning they can keep their dream home in Benalmadena. In a familiar-sounding scam, British pensioners Marion and Barry Joyce were about to lose the life savings they’d invested in their Costa del Sol dream home as well as the house itself. The...

Expats with property in Australia urged to buy bushfire insurance

Expats with property in Australia urged to buy bushfire insurance
Newly-arrived expat house owners in Oz should take care to insure against bush fires. Given the recent devastating bush fires in Australia and the risks of similar conflagrations in other major expat destinations such as California, would-be expats looking for property should check the availability of suitable insurance. As huge areas in...

Expats warned to dump their British bank accounts

Posted on February 3, 2020 in Finance UK
STORY LINK Expats warned to dump their British bank accounts
Expats warned to dump their British bank accounts
If you’re preparing to expatriate from the UK whilst keeping on your British bank account, perhaps it’s time to think again about the right home for your money. Many would-be retirees are nervous about overseas banks, especially if they’re emigrating to a land where English isn’t valued as the world’s second language. After all,...

British expats in Portugal to lose their tax exemptions

British expats in Portugal to lose their tax exemptions
British expats living, working or retiring in Portugal are set to lose their tax-free status due to new government rules. As a result of a new amendment to Portugal’s 2020 budget, the foreign revenue brought in by British expats in the country will be taxed at 10 per cent. The new rule will not affect those who arrived in the country...

Brit expats in Spain furious over UK banks new overdraft charges

Brit expats in Spain furious over UK banks new overdraft charges
One of the most important aspects of emigration is setting up bank accounts in the new country whilst still retaining an account back home. For British expats heading for Spain, it’s the norm to keep a UK bank account as well as holding cash in a local Spanish bank, even although many Brits don’t exactly trust the Spanish banking...