Finance News - Emigrate UK Page 37

This is the category page for all Finance news here on emigrate.co.uk, where you can view all the Finance emigration news.

Best expat destinations for cheapest property taxes

Best expat destinations for cheapest property taxes
Expats moving overseas in order to enjoy a peaceful retirement with less financial strain than in their home countries are choosing destinations with amazingly low property taxes. For many would-be expats, retiring overseas isn’t just a chance to experience interesting new cultures and warm, sunny weather, it’s also about the best...

Rerun of dementia tax could cause post Brexit problems for expats

Rerun of dementia tax could cause post Brexit problems for expats
A throwaway comment by a UK government minister about raiding property to pay long-term care bills could prove problematic for UK expats. The hated, and at present discontinued, so-called ‘dementia tax’ which forced the sale of property owned by Britons in care homes could soon be re-established. The government’s Care Minister...

Expats warned over post Brexit problems with financial services, insurance and pensions

Expats warned over post Brexit problems with financial services, insurance and pensions
Expats and those planning to relocate to Europe are being warned over potential difficulties with insurances, pension payments and financial services post-Brexit. UK Chancellor Philip Hammond is warning of post-Brexit legal uncertainties over existing cross-border pensions, financial services and insurances should no agreement be reached...

Brit expats in Europe freed from threat of post Brexit frozen pensions

Brit expats in Europe freed from threat of post Brexit frozen pensions
The announcement that all British pensioners living in the European Economic Area as well as EU retirees resident in the UK will continue to receive the annual cost of living adjustment post-Brexit is good news for the thousands of retired British expats already struggling to get by since the fall in the value of sterling. The EEA...

Golden goodbyes offered by pension trustees to retirees on DB pension schemes

Golden goodbyes offered by pension trustees to retirees on DB pension schemes
Britons coming up for their final years in employment and planning to retire overseas are concerned over the best way forward for their defined benefit pensions. A recent report has confirmed the black hole in final salary workplace pension schemes provided by employers. In spite of the 2017 gap between liabilities and assets having...

Expat property investors face conundrums between currency fluctuation and capital gains

Expat property investors face conundrums between currency fluctuation and capital gains
Property has always been popular with expat investors for its doubly profitable whammy of capital gains and rental incomes, but the Brexit-based devaluation of sterling has brought instability into the frame. For expat investors, Brexit so far has been a curse and a blessing dependent on the location of their properties and the currency...

Expats in Amsterdam warned to watch out for online rental scammers

Expats in Amsterdam warned to watch out for online rental scammers
Expats in Amsterdam and especially those who’re newly arrived are being warned to be on the alert for scammers stalking the rental apartment scene. Amsterdam’s lack of affordable apartments makes settling in as an expat a frustration experience, particularly if accommodation in and near the Centrum is a requirement. The ongoing...

Expats in UAE urge to check their tax residency status back home

Expats in UAE urge to check their tax residency status back home
Expats relocating to the tax-free jurisdiction of the United Arab Emirates need to realise they may not be free of income tax liabilities back at home. One of the major attractions for expats considering relocation to the UAE is its fame as a tax-free jurisdiction. The mere thought of earning far more than you did in the home country and...

Cambodia clamps down on longstay expat business visa extensions

Cambodia clamps down on longstay expat business visa extensions
Cambodia’s laid-back attitude to long-stay visa extensions is about to change completely, with new regulations likely to rule the country out for retirees and others wishing to volunteer or earn cash online. Over the last several years, many expats living under Thailand’s ever-tightening immigration rules and regulations have moved to...

Vietnam looming large as expat hub for high salaries

Vietnam looming large as expat hub for high salaries
A recent survey has revealed Vietnam is the latest success story for expats’ salaries. \r\n\r\nHSBC’s Expat Explorer survey points Vietnam as the latest up-and-coming destination for expat professionals aiming at high-salaried positions overseas. The average earnings of respondents to the study are $88,100, an increase of 25 per cent over...