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Jarre joins list of French millionaires avoiding tax increases

Jarre joins list of French millionaires avoiding tax increases
Famous French composer Jean-Michel Jarre is the latest French millionaire to flee his home country to avoid the recently announced swinging income tax increases. Even although the French government has not yet passed into law the two-year temporary 75 per cent income tax level applicable to those earning over £850,000 a year, the list of...

Expat job market in China slows due to local talent

Expat job market in China slows due to local talent
China’s reputation as an exotic land of opportunity for aspiring expat professionals has been dented by the recently-released results of a new job market survey. The poll, undertaken by the Association of Executive Search Consultants, revealed that expat executive positions in the rapidly-growing, emerging nation are becoming far more...

Saudi expat arrivals find no room at the inn

Saudi expat arrivals find no room at the inn
Long waiting lists for homes in Riyadh’s coveted expat housing complexes may mean a dismal Christmas for many newly-arrived executives and their families. At present, the market is so tight that desperate private sector employees are posting frantic appeals for family accommodation on the Saudi expat forums. Following the 2003 to 2005...

Chinese multimillionaires jump ship to protect their assets

Chinese multimillionaires jump ship to protect their assets
Around a third of Chinese multimillionaires have already fled the motherland due to economic uncertainty, contaminated food and incessant pollution. Research by a respected Chinese academic organisation has confirmed that a significant percentage of China’s successful entrepreneurs are heading overseas in a bid to protect their assets,...

Educated Cubans banned from emigrating for five years

Educated Cubans banned from emigrating for five years
In spite of the recent announcement by Cuban authorities that travel restrictions are being eased, those most likely to leave the country are now unable to do so. The previously convoluted exit visa process has been modified, with those wishing to leave now needing only the latest passport. However, the government has closed the door on...

Ireland offers contracts to graduate nurses to stem migration

Ireland offers contracts to graduate nurses to stem migration
Ireland’s Health Service Executive (HSE) is to offer 1,000 graduate nurses a two-year contract at a starting salary of €22,000 in a desperate bid to slow the trend towards migration. Australia and other migration destination countries are attracting large numbers of health professionals at salaries of up to €40,000. Ireland’s...

British migrants are now younger professionals rather than retirees

British migrants are now younger professionals rather than retirees
A recent government report has revealed that the vast majority of Brits leaving the country are younger workers seeking career opportunities rather than retirees seeking relief from British winters. Official figures taken from the Home Office ‘Emigration from the UK’ Survey calculate that about 350,000 UK residents left the country...

Highly qualified Ukrainian graduates desperate to work abroad

Highly qualified Ukrainian graduates desperate to work abroad
A recent survey has revealed that almost all highly qualified young Ukranian professionals have considered or are in the planning stages of emigrating overseas in search of work. Over 5.000 young professionals took part in the November survey, with 91 per cent of respondees admitting a desire to emigrate in order to further their careers....

Brightest and best are leaving Britain for overseas jobs

Brightest and best are leaving Britain for overseas jobs
Thousands more of Britain’s top graduates are leaving the UK for jobs abroad than left prior to the financial crisis. Figures compiled by the Higher Education Statistics Agency (HESA) suggest that the rate of migration amongst the UK’s brightest and best young graduates is at an all-time high. Last year, over 2,000 young graduates from...

Over a third of South African youth may emigrate

Over a third of South African youth may emigrate
A dramatic increase over the last three months in the number of young South Africans wishing to emigrate was revealed in a recent survey. Some 36 per cent of those polled between the ages of 18 and 34 signalled their preference to live in another country, a significant increase from the results of the August poll. Strong racial variations...