Finance News - Emigrate UK Page 33
This is the category page for all Finance news here on emigrate.co.uk, where you can view all the Finance emigration news.
FCA warns retirees at home and abroad about free pension advice
The UK’s Financial Conduct Agency watchdog has delivered an uncompromising warning that ‘free pension advice’ is nothing but a scam.
The government agency policing financial services in the UK is aiming its warning to retirees planning to move their pension pots out of a defined benefit scheme. The alert was issued in order to...
Retired expats in Thailand fear effects of strengthening baht
The Thai baht recently hit a 31-month high, sending shivers through expat retirees living off their fixed pensions.
The seemingly never-ending rise of the baht is a frequent subject of posts on Thai expat forums, with many refusing to believe the reasons for its strength as put forward by the junta government. The latest rise against the...
Expat entrepreneurs favour Brussels for tech startup funding
If you’re planning a start-up and don’t fancy your chances in post-Brexit Britain, Belgium is the place to go.
For such a small country, it’s amazing how suited it is for start-ups and entrepreneurial expats desperate for funding. Over the past several years, Belgium and especially Brussels have been overrun by expat entrepreneurs...
Pros and cons of leasing versus buying a car in Singapore
If you’re heading to Singapore on assignment and must have a car, it’s worthwhile considering leasing rather than buying.
Singapore regularly tops the ‘most expensive city’ lists, with the price of everything including a new car seemingly soaring year on year. For most working expat professionals, a car is a necessity rather than...
Unstable political effects on world currencies
Unstable political situations are becoming the norm rather than the exception in the 21st century, and there’s no sign at present of their becoming any less extreme.
The average British expat may or may not have any idea how political events affect world currencies, but might do well to get to grips with the fact that financial plans...
UAE expats and foreign nationals cornering the market in UK properties
As sterling still falters, foreign nationals and expats in the UAE are continuing the rush to purchase British real estate, although London is now at the back of the queue due to its pricey properties.
Figures from providers of expat mortgages show a year-on-year increase of 20 per cent in the numbers of UAE residents investing in British...
British expat retirees hit by massive scam and arrest of IFA firm CEO
QROPS retirement savers are concerned for their offshore pensions’ futures as one provider’s CEO is arrested and another provider closes down.
QROPS, first launched in 2006, have been favourites with expats and British pension savers approaching retirement age for over a decade, although the role of overseer taken by HMRC has...
Brexit blessings and curses for expats depend on currency
Brexit could be seen as either a blessing or a curse for expats, dependent on the source of their incomes and the currency in which they’re paid.
The referendum result had an immediate effect on expat finances due to the fall in sterling, which has continued almost uninterrupted during the chaotic Brexit negotiations. UK expats relying...
Indonesia to ban all cryptocurrencies including Bitcoin
In a surprise announcement, Indonesia has vowed to ban all forms of cryptocurrency including Bitcoin, as it considers the rupiah is under threat.
Bank Indonesia governor Agus Martowardojo made the Bitcoin announcement as part of a basket of remedies for the ongoing unhealthy business practices, arbitrations and business control by parties...
Malta real estate rental market may be overheating
Average rentals charged by landlords on Malta have increased by almost 50 pre cent over the past three years, causing concerns about overheating.
For several decades, Malta has been a favourite destination for British and other Western expats for its climate, charm and less than strict tax regime. It’s also a hub for workers from poorer...