Finance News - Emigrate UK Page 4
This is the category page for all Finance news here on emigrate.co.uk, where you can view all the Finance emigration news.
Soaring costs of living worldwide can confuse relocating expats
Unexpectedly high costs of living are driving newly arrived expats back to the home country.
Expats on overseas reassignments are expected to be able to cope on their increased salaries as well as being given allowances for accommodation, kids’ schooling and other perks if they’re lucky. However, the soaring costs of living in many...
Study reveals Singapore wins out for economic freedom
Expats looking for the best relocation deal could do far worse than head for Singapore.
Everything that’s important to would-be expats, including the size of salaries, a free regulatory environment, ultra-modern business frameworks and the lifestyle itself depends on the economic freedom of the chosen destination. A recent survey by the...
British expat business owners now under threat of losing everything
Expat businesses in Spain’s Costa del Sol are at serious risk of permanent closure due to the coronavirus’ threat to tourism.
Local British auditors and accountants are warning an extended lockdown could see the end of a huge number of expat-owned tourism sector businesses. Self-employed traders are at an even worse risk of folding...
Extra stamp duty increase on buy to let is bad news for expat investors
If your expat retirement strategy is based on buy-to-let income, yesterday’s 2020 budget may not be great news.
Nowadays, many would-be expats planning their overseas retirement base their investment income on British buy-to-let revenues, with the long term appreciation in house prices an added bonus. Buying and letting out a property...
Brit pensions watchdog warns employers over underfunded DBPs
If you’re relying on your workplace defined benefit pension to fund your expat retirement strategy – read on!
Britain’s financial watchdog is warning companies against the deliberate underfunding of workplace pensions which could lead to savers being far short of adequate funds for their retirements. The warning came as the...
Inflation in Spain driving British expats to consider Portugal
Retired British expats are relocating to Portugal due to the rising cost of living in Spain.
The British dream of retirement in the Spanish sun is fading fast as the country’s cost of living soars, with many on British state pensions now unable to make ends meet. Recent research in the expat community by a popular English language...
Portuguese Golden Visa programme now under reconstruction
The Portuguese government is re-examining its Golden Visa scheme due to its resulting rental and property price hikes.
For would-be expats who’ve saved and invested successfully for retirement, the various European Golden Visa programmes have meant secure residency as well as free movement across all EU member states. The unwanted side...
Expats on a budget are giving Thailand a miss
Thailand’s soaring baht and harsh new rules for Westerners are forcing budget-minded expats to choose another destination.
First popular with American servicemen during the Vietnam War, Thailand became a hub for tourists as well as Western retirees several decades ago. Its ‘something for everyone’ allure took in everything from the...
Expats again warned about investment scams as mis-selling rates soar
Over the past decade, complaints over the mis-selling of pension products have reached an all-time high, with headlines on the subject a regular read in on- and offline media.
Due to the lack of legal protection from the mis-selling of financial products in a high number of popular expat destinations, the factors of these scams are...
Expats warned over financial pitfalls of reassignment to the UAE
If you’re a Brit heading to the Middle East on reassignment or after receiving the job offer of your dreams, your new situation will need consideration as regards tasks to be done before and just after you arrive.
Taking care of your financial situation isn’t just about how much salary you’ll be receiving in your new job, as there...
