Finance News - Emigrate UK Page 25

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Fluctuating expat packages in Asia hit Singapore hardest

Fluctuating expat packages in Asia hit Singapore hardest
A recent survey concentrating on pay and remunerations for expats working abroad has noted Singapore’s cost of employing an expatriate has fallen by around US$12000. When costing an expatriate package, companies factor in three main elements – cash salaries, tax and benefits such as international school costs, accommodation and...

DeVere USA CEO and managers found guilty of defrauding Brit expat investors

DeVere USA CEO and managers found guilty of defrauding Brit expat investors
DeVereUSA, a New-York based subsidiary of the international financial advice giant, have been found guilty of defrauding hundreds of British expats in the USA to the tune of around $8 million dollars. During a court case brought by the USA’s Securities and Exchange Commission it was disclosed that the local CEO and two of his former...

Southeast Asia best for Brits on a budget

Southeast Asia best for Brits on a budget
Retirement overseas may well be an answer to comparative poverty in later life, but needs a good deal of homework to get it right. The baby boomer generation in first world countries such as the USA, Australia and the UK is facing a dilemma. Having done their best for their young families, they’re now approaching retirement and are...

Expats and locals in Bahrain warned about dodgy car repair shops

Expats and locals in Bahrain warned about dodgy car repair shops
Expats living and working in Bahrain are being warned about gang-controlled car repair businesses. Due to the lack of relevant laws and enforced regulations, both expat and local customers are being ripped off by the unscrupulous gangs controlling the emirate’s car repair trade. Many garages run by expats are overcharging their...

Figures show inadequate UK state pension for what it is

Figures show inadequate UK state pension for what it is
If you’re planning on retirement in a cheaper, warmer country, be careful not to choose one in which your UK state pension is frozen. Shocking new calculations about the average British worker’s wages and their relationship to the UK state pension amount may affect the choice of retirement havens for those needing to save money for...

Getting to grips with the Spanish wealth tax

Getting to grips with the Spanish wealth tax
Even for new British arrivals in Spain, death and taxes are the two certainties, but few Britons are aware of the country’s wealth tax. Spain’s Patrimonio wealth tax often takes newly-arrived expats by surprise, especially if they’ve come from the UK where such a tax is totally unknown. Dependent on their destination country's...

Singapore expat packages falling fast but costs still rising

Singapore expat packages falling fast but costs still rising
Singapore is still one of the world’s most expensive cities for expat professionals, but relocation packages are falling fast. An estimated 1.3 million expats are now struggling to make a living in Singapore, with packages admittedly on the generous side but unable to keep up with the soaring costs of housing, schooling, healthcare and...

Bahrain best in world for expat work life balance

Bahrain best in world for expat work life balance
If you’re planning to enhance both your career and your salary in the Gulf States, Bahrain would seem to be your best choice as regards lifestyle. A recent survey reported Bahrain as the second most popular world expat destination for its superb work-life balance. Almost half of expats replying to the survey reported they’d chosen the...

Best Australian banks for incoming expats

Best Australian banks for incoming expats
Expats looking to move to Australia to take up a new job with find banking more straightforward than in many other countries. When a move to another country is part of a career plan, one of the most challenging requirements is often the availability of a bank account before the actual move takes place. Expats heading for Australia are in...

Hints on dealing with inflation in Dubai

Hints on dealing with inflation in Dubai
For many expats working in Dubai, it’s becoming a struggle to pay bills as well as saving money. UAE expat residents aren’t an exception to the rule that inflation is a fact of life and needs to be dealt with by cutting back if at all possible. In the already expensive location of Dubai, lifestyle choices are beginning to become...