Relocation News - Emigrate UK Page 83
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Recession in Italy sparks immigrant exodus
Immigrant communities across Italy are packing their bags and leaving the country as the recession-hit state fails to show sighs of recovery. Although the trend is not limited to Italy’s Chinatown districts, it’s more noticeable due to the numerous ‘For Sale signs seen around the former bustling districts. Canada is a popular...
Increased emigration linked to poor UK job prospects
The recent trend towards emigration in the UK and Ireland may be linked to the continuing recession and its effect on local job prospects. Changing migrant demographics show that university graduates and those on the lower rungs of the career ladder are packing up and heading overseas at higher numbers than older professionals and...
Southeast Asia now a hub for British retirees
Drawn by the cheaper cost of living, the year-round warm weather and the ease of acquiring visas, older Britons are flocking to Southeast Asia in their thousands. The Philippines, Malaysia and Thailand are favourite destinations for pensioners looking for a more enticing quality of life than in the UK along with the security of established...
New survey highlights inexpensive overseas havens for expat retirees
The results of a recent survey reveal that retirees looking to live out the dream on far less than the rising cost of living in their home country. The survey, carried out by InternationalLiving.com, targeted pensioner couples aged 65 and over and was based on needs including food, utilities, rent, entertainment, health insurance and a...
Jarre joins list of French millionaires avoiding tax increases
Famous French composer Jean-Michel Jarre is the latest French millionaire to flee his home country to avoid the recently announced swinging income tax increases. Even although the French government has not yet passed into law the two-year temporary 75 per cent income tax level applicable to those earning over £850,000 a year, the list of...
Expat job market in China slows due to local talent
China’s reputation as an exotic land of opportunity for aspiring expat professionals has been dented by the recently-released results of a new job market survey. The poll, undertaken by the Association of Executive Search Consultants, revealed that expat executive positions in the rapidly-growing, emerging nation are becoming far more...
Saudi expat arrivals find no room at the inn
Long waiting lists for homes in Riyadh’s coveted expat housing complexes may mean a dismal Christmas for many newly-arrived executives and their families. At present, the market is so tight that desperate private sector employees are posting frantic appeals for family accommodation on the Saudi expat forums. Following the 2003 to 2005...
Chinese multimillionaires jump ship to protect their assets
Around a third of Chinese multimillionaires have already fled the motherland due to economic uncertainty, contaminated food and incessant pollution. Research by a respected Chinese academic organisation has confirmed that a significant percentage of China’s successful entrepreneurs are heading overseas in a bid to protect their assets,...
Expat Depardieu raves at French President over tax hikes
Following his sudden migration across the border to a historic Belgian customs house, movie star Gerard Depardieu is busy attacking French President Francois Hollande for his tax hikes. The huge tax increases aimed at France’s wealthy citizens have resulted in the star vowing to renounce his French citizenship rather than pay 75 per cent...
Educated Cubans banned from emigrating for five years
In spite of the recent announcement by Cuban authorities that travel restrictions are being eased, those most likely to leave the country are now unable to do so. The previously convoluted exit visa process has been modified, with those wishing to leave now needing only the latest passport. However, the government has closed the door on...
