Politics News - Emigrate UK Page 14
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Cold calling scammers get more time to con emigrating retirees
Financial fraudsters are stepping up their efforts to con would-be expats out of their pension savings as the UK government’s cold-calling silencing plan is put on the back burner. The British government’s promise to crack down on cold-calling by pension scammers has now been shelved for at least a year, due to ‘legal issues’...
Expats need more reliable info on pension options
Experts in the field of expat finance are now realising clients are being short-changed by their providers once they stop paying in to their pension funds. Debates over the rights of deferred members who stop contributing to their pension but still have a fund are hotting up in the trade after research revealed under a third of providers...
Rerun of dementia tax could cause post Brexit problems for expats
A throwaway comment by a UK government minister about raiding property to pay long-term care bills could prove problematic for UK expats. The hated, and at present discontinued, so-called ‘dementia tax’ which forced the sale of property owned by Britons in care homes could soon be re-established. The government’s Care Minister...
Expats warned over post Brexit problems with financial services, insurance and pensions
Expats and those planning to relocate to Europe are being warned over potential difficulties with insurances, pension payments and financial services post-Brexit. UK Chancellor Philip Hammond is warning of post-Brexit legal uncertainties over existing cross-border pensions, financial services and insurances should no agreement be reached...
Brit expats in Europe freed from threat of post Brexit frozen pensions
The announcement that all British pensioners living in the European Economic Area as well as EU retirees resident in the UK will continue to receive the annual cost of living adjustment post-Brexit is good news for the thousands of retired British expats already struggling to get by since the fall in the value of sterling. The EEA...
Expat property investors face conundrums between currency fluctuation and capital gains
Property has always been popular with expat investors for its doubly profitable whammy of capital gains and rental incomes, but the Brexit-based devaluation of sterling has brought instability into the frame. For expat investors, Brexit so far has been a curse and a blessing dependent on the location of their properties and the currency...
Helpful hints for new expat arrivals in Dubai
Settling down in Dubai is made easier by taking on advance knowledge of its lifestyle, culture and working hours. Dubai is a fascinating city for its architecture, ambience and dramatic desert setting, and is perennially popular as an expat professional destination for its luxury lifestyle as well as its career opportunities. However,...
Millions to renounce UK residence if labour win election
In excess of seven million UK expats potentially could renounce their British residence if the Labour Party is victorious in May’s general election, claimed an international advisory. Nigel Green, the chief executive of De Vere Group, said should Labour win next month then many expats will require advice on whether changing their...
Suicide attempts in Australia?s PNG detention centre
Papua New Guinea’s detention centre on Manus Island, where Australia sends asylum seekers to be processed, has faced with mass demonstrations for more than a week, with reports stating that there have been a number of suicide attempts. One asylum seeker, who requested anonymity, said that the situation had reached a “critical” stage...
New Zealand to introduce simpler process for student visas
New Zealand, a long-term favourite destination for students from many countries, has announced that a new, more straightforward visa application process will be introduced next year. The E-visa student visa scheme will allow paperless, fully electronic, online applications as well as online payments, simplifying a task which has been the...
