Finance News - Emigrate UK Page 21

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Misselling of expat pension transfers is the next major financial scandal

Misselling of expat pension transfers is the next major financial scandal
The next major financial scandal is expected to be pensions misselling, with IFAs and insurers hit hard. If you’re planning a retirement overseas with the help of your pension pot, the next big financial scandal due to hit world news may well save you becoming yet another victim of pensions misselling by commission hungry IFAs. According...

Brit expat pensioners in France told healthcare ceases on 29 March

Brit expat pensioners in France told healthcare ceases on 29 March
British retirees in France are horrified at an official notification telling them their right to subsidised healthcare runs out on Brexit day. Even although the British government’s no-deal advice didn’t mention ongoing healthcare for British retirees, elderly UK expats in France are now in a state of shock and horror after receiving...

Saving versus spending for expat professionals in Dubai

Saving versus spending for expat professionals in Dubai
For a good few arriving expat professionals taking up residence in Dubai, the end-game is to be much more than financially comfortable by the time they leave, but not many realise that dream. If winning the lottery is the dream of those in everyday jobs, getting relocated to Dubai is the dream of expat professionals. The prize is the same...

Expat victims of Premier FX crash determined to fight for their money

Expat victims of Premier FX crash determined to fight for their money
Premier FX was a popular choice for expat professionals remitting moneys to the home country as well as for expat retirees bringing in their pension payments in their host country’s currency. The supposedly reputable forex platform was based in and operated from Portugal, offering all the usual guarantees, but it now seems the...

Official figures show huge Brit expat exodus from Spain

Official figures show huge Brit expat exodus from Spain
Statistics are now confirming a British expat exodus from Spain. \r\n\r\nFormerly the UK’s best-loved pensioner bolt-hole for sunshine and a low cost of living, Spain is now seeing a mass exodus of British pensioners. At its most popular in 2007, Benidorm was home to around 5,000 Britons, but by last year the numbers in the UK expat...

Expat relocation packages for Asia getting less attractive

Expat relocation packages for Asia getting less attractive
Making sure your prospective overseas employer is taking the need for benefits including private healthcare cover seriously is crucial to a successful reassignment. If you’re heading to an Asian destination on a relocation or reassignment, you’ll need to be sure your employer is offering perks such as adequate private healthcare...

Asian cities including Beijing becoming unaffordable for expats

Asian cities including Beijing becoming unaffordable for expats
Due to short supply and rising demand, rentals in China’s major cities are heading for the skies. Increases in apartment rental charges in major Chinese cities including Beijing, Shanghai, Shenzhen and Guangzhou are happening month by month, causing concern in China’s expat communities. The rise in demand by college graduates is being...

Life in Canada for expat professionals

Life in Canada for expat professionals
Canada is favoured for its cost of living and its stunning natural beauty. Canada has long been a destination for British expatriates, but nowadays its appeal is growing amongst other countries’ expat professionals. With the world’s 10th largest economy and diverse sectors of employment, Canada is becoming a destination of choice for...

UK expat retirees urged to watch out for pension scammers

UK expat retirees urged to watch out for pension scammers
If you’re about to retire and emigrate, you should be on your guard against pension transfer scams. Increasing numbers of retirees are deciding to wave the UK goodbye and retire to a warmer, less chaotic destination. One crucial element of the process is deciding whether to transfer your pension to an overseas location via a QROPs,...

Paris now in Economist 20 top world cities for first time

Paris now in Economist 20 top world cities for first time
Paris is famous all over the world as the city of love, and it’s now one of 20 top cities for expats. The Economist magazine’s liveability index is highly regarded for its lists of the best world cities for expat professional. . For the first time, Paris is now one of its top 20 world cities, coming in at 19th as a result of its...