Relocation News - Emigrate UK Page 81
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Expat tax exemption attracts wealthy pensioners to Portugal
The rush to migrate to Portugal since the beginning of the year is linked with the country’s new ruling on tax exemption for wealthy retirees. Since the new rules were introduced, more than 200 millionaire pensioners able to satisfy the Portuguese government’s handful of requirements have made the move, joining a huge number of Britons...
Irish migration may not yet have peaked
Irish migration, reported by much of the country’s media as being at ‘famine levels’ may not yet have peaked, according to a UCC migration history expert. A recent survey, carried out at the time of Cork and Dublin’s Working Abroad Expos, claims that many Irish workers in full-time employment would be happy to consider moving...
Tax friendly Mauritius becoming popular with expats
Would-be migrants looking for an alternative to the Caribbean are discovering the tax-friendly island of Mauritius, already a popular tourism hub. The Indian Ocean island has been a haven for well-heeled French expats for some years, but the word is now out. Residents nowadays are a polyglot mix of Central Europeans, Brits and...
French millionaire exodus swells with two more heading to London
Following the rush to buy property and establish residency in a small Belgian border town by the French ultra-wealthy including actor Gerard Depardieu, two more French billionaires are heading to London. CEO of France’s tech giant Dassault Systems Bernard Charles is as critical as those who’ve gone before him over the French...
Survey shows a quarter of UK millionaires planning emigration
A recent survey has revealed that 22 per cent of Britain’s super-rich are planning to move overseas. Research conducted by Lloyds TSB International indicates that the number of millionaires considering a move abroad has risen from 19 per cent to 22 per cent over the past year. The news comes as figures released by the Office of National...
Aussie row over 457 work visa abuse hots up
New Australian immigration supremo Brendan O’Connor’s announcement that temporary work visa 457 was open to widespread abuse has ignited parliamentary confrontations. Accusations that the 457 visa is being used by Australian companies to employ overseas workers in jobs suitable for Aussie nationals involved claims that jobs were...
Middle Eastern and North African companies increase expat hiring
Expat job opportunities in the Middle East and North Africa are due to increase in 2013 as multinational private companies seek more overseas talent. The next three months are expected to see a considerable increase in jobs offered at the junior executive, executive and coordinator levels, giving a chance for new graduates as well as more...
Britain faces brain drain as two million workers leave
Over the last 10 years, two million Brits of working age have voted with their feet and emigrated, causing fears of a brain drain and its effect on the economy. The warning came from leading Conservative and secretary of the 1922 Committee Nick de Bois, who stressed that a change in culture is needed to stem the flow of the brightest and...
Financial advisors flock to Cayman Islands after visa concessions
New visa concessions which came into law in September last year have resulted in a rush by financial advisers to take up residence in the Caymans. Up to 1,000 more FAs have arrived in the Caymans than arrived during the same period last year, due to new visa offerings guaranteeing 10-year work permits for managers and executives working...
Russia introduces raft of relaxed immigration laws for expats
The recently-introduces new laws are aimed at making it easier for investors and expat workers to relocate to Russia, a process which, in the past, has been extremely complicated. The major changes announced by the Russian Federal Migration Service (FMS) are aimed at investors with the introduction of the Investment Visitor Visa. The visa...
