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Which currency will win in 2018

Posted on January 9, 2018 in Currency Exchange Finance Politics UK US
STORY LINK Which currency will win in 2018
Which currency will win in 2018
Currency rates are one of the most essential issues to consider for expats, whether you’re living on a pension or annuity, thinking of investing overseas or back in the home country or just ordering something online form the other side of the planet. Following exchange rates is a roller coaster ride, with relative values dipping and...

Is relocating to Europe during Brexit negotiations a good idea?

Is relocating to Europe during Brexit negotiations a good idea?
The Brexit leave vote came at a bad time for many would-be expats planning an escape from the UK, but is it safe to go ahead as things stand at the moment? Whether to go or stay is a crucial question without an easy answer, as there’s no indication of certainty in anything which has been agreed to date between the two sides. Expat...

British expat retirees worldwide feel the pain of shrinking sterling

British expat retirees worldwide feel the pain of shrinking sterling
Brexit’s effect on sterling has eroded the spending power of hundreds of thousands of British expats worldwide. Whether they’re struggling on an already less than generous UK state pension, have top-ups from personal pensions or are receiving an income from investments, the reality is that the value of their monthly incomes has fallen...

Fake news in China worries relocating expat professionals

Fake news in China worries relocating expat professionals
Western expats in Nanjing and down the east coast have been hit by fake news scaremongering on a WeChat page. An article on the social media platform’s ExpatLife page claimed foreigners were being forbidden from travelling to Beijing and Shanghai during last month’s Chinese Communist Party’s 19th Congress, as well as stating large...

Campaign groups slam PMs agreement and letter to expats

Campaign groups slam PMs agreement and letter to expats
As the Old Year staggers to its close and Brexit creeps even closer, what’s the reality for Remainer Brit expats desperate to stay where they are and others who’re chancing leaving the UK while they still can? Whilst Brexit supporters all over the UK were celebrating what they saw as the first positive result in the negotiations,...

Cambodia cracks down on retirees and expat businesses

Cambodia cracks down on retirees and expat businesses
Once the easiest of all Southeast Asian countries as regards expat long-stay visas, Cambodia is now cracking down with new regulations aimed at retirees and those requiring business visas. Over the past few years, Cambodia has become a preferred long-stay destination for expat retirees and small-scale entrepreneurs for its straightforward...

Retired expats in Thailand fear effects of strengthening baht

Retired expats in Thailand fear effects of strengthening baht
The Thai baht recently hit a 31-month high, sending shivers through expat retirees living off their fixed pensions. The seemingly never-ending rise of the baht is a frequent subject of posts on Thai expat forums, with many refusing to believe the reasons for its strength as put forward by the junta government. The latest rise against the...

Unstable political effects on world currencies

Unstable political effects on world currencies
Unstable political situations are becoming the norm rather than the exception in the 21st century, and there’s no sign at present of their becoming any less extreme. The average British expat may or may not have any idea how political events affect world currencies, but might do well to get to grips with the fact that financial plans...

Christmas comes early for UK and EU expats as residence rights guaranteed

Christmas comes early for UK and EU expats as residence rights guaranteed
A last-minute breakthrough in talks between Theresa May and Jean-Claude Juncker this Friday morning has resulted in the best news in years for EU and UK expats. Britons living across Europe and the three million EU citizens in the UK can finally get on with their lives knowing the draft agreement guarantees their rights to live, work or...

Brexit blessings and curses for expats depend on currency

Brexit blessings and curses for expats depend on currency
Brexit could be seen as either a blessing or a curse for expats, dependent on the source of their incomes and the currency in which they’re paid. The referendum result had an immediate effect on expat finances due to the fall in sterling, which has continued almost uninterrupted during the chaotic Brexit negotiations. UK expats relying...