News - Emigrate UK Page 69
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Expats in Qatar concerned over possible military action by Arab nations
Concerns are being raised amongst expats working in Qatar regarding the possibility of military action by the five Gulf States due to the continuing standoff in the diplomatic embargo. The Qatar Amir has warned the five Arab nations involved in the ongoing diplomatic dispute not to begin military action against the emirate. Should this...
New Zealand PM to ban house sales to foreign buyers
In a move aimed at dealing with New Zealand’s housing crisis, the country’s incoming Prime Minister has pledged to ban the sale of existing homes to foreign buyers. New Zealand is a popular property investment location, but it’s uncertain how the ban will affect expats wishing to buy their homes. According to media reports, other...
UK MPs gather info on pensions freedom windfall spending
British lawmakers are gathering evidence of how pension savers are using their tax free pension freedom cash withdrawals of up to 25 per cent. The information is to be discussed during parliament’s Work and Pensions Committee’s pension freedom inquiry on the success or failure of the relatively new scheme. The pension freedom...
Why expats in Germany don?t learn German
Debates are taking place across Germany as to why a high number of expatriate workers are not interested in learning the local lingo. A recent statement in the German parliament by Christian Democrat lawmaker Jens Spahn condemned Berlin residents who communicate in English as elitist provincial hipsters. The comment sparked a countrywide...
QROPS rules to stay the same until after Brexit
Expats will be relieved to hear there will be no changes to QROPS laws until after Britain finally leaves the European Union. The massive logjam of legislation necessary before March 2019 is clogging the British parliament’s schedules for the foreseeable future, leaving almost no time to debate and vote on other important legislation....
Female baby boomer expats embrace solo travel and retirement overseas
According to a popular international expat website, female baby boomers are the latest group to take on travelling solo and retiring overseas on their own. It seems single women are breaking free from convention and taking off across the world to live their lives solo in their chosen countries. The new trend is the result of an increase in...
Airlines warning Brits not to book flights to Europe after March 2019
Britishers planning to travel to Europe after March 2019 can expect warnings from airlines that their flights may not be able to leave. Airlines serving routes between the UK and Europe, American or other worldwide destinations are preparing website warnings stating tickets booked for flights after March 2019 might not be honoured. Every...
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’...
New Zealand welcomes back its expats
Kiwi expats are now returning to the country of their birth in droves, followed by Australians deserting the waning Oz economy. Decades ago, as expats from the UK and other Western countries were arriving in large numbers, New Zealand nationals were upping sticks and leaving to find their fortunes in Australia. Over the last several...
FCA survey shows many pension savers don?t understand the product
According to a Financial Conduct Agency survey, 25 per cent of retirement savers who’ve accessed their defined contribution pensions have no idea how they did it. The FCA’s research was carried out with 13,000 respondents, with the intent of examining public attitudes towards the financial service sector. The survey concentrated on...
