Expat Money Newsletter - January 2017

Expat Money: A Healthy 2017

Welcome to the Expat Money Newsletter for January. We are once again focusing on the personal finance issues that matter to you as an expat, or would-be expat.

In this month’s edition we focus on expat healthcare and the need to have medical insurance in place while on overseas assignment.

We also look at the best destinations for a career abroad in 2017 and how those overseas with sterling incomes are feeling the pinch.

I hope you enjoy this newsletter. I welcome your thoughts on other topics you would like us to cover. Or do you have your own tale to tell or question to ask about expat money? Let me know.

Feel free to forward this newsletter to anyone who you think may benefit from reading it. Just click on Forward to a friend or colleague below.

Iain Yule

Editorial & Publishing Director
Expat Network
iain@expatnetwork.com

Expat Healthcare 1: Does Moving Abroad Boost Health?

Research suggests that most expats believe that, since moving overseas, their physical health and mental health are better than they would have been if they had stayed at home. While there is a lot to consider in terms of housing, schooling and work when you head off abroad, the search for a new adventure is a huge draw for expats, with over half saying this was the main reason for deciding to move abroad in the first place.

Expat Healthcare 2: Understanding Medical Insurance

A new website, expathealthcare.com, provides fully-independent answers to the many questions you may raise as an expat about making sure you are healthy – and have proper insurance cover – while overseas.

Expathealthcare.com is a resource you can use to find out all about healthcare and insurance cover for expats, what you need to know and where to find assistance.

Sponsored: Premiums Cut On Expat Contractor Health Plan

As expat insurance specialists, Bellwood Prestbury have negotiated reductions of up to 25% on the Contractors International Health Plan. The new rates deliver savings of 25% for contractors aged up to 49 years and 20% for anyone over the age of 50. The plan offers a range of medical insurance options designed for expats working in the oil & gas, energy, aviation, engineering, security, NGO, humanitarian, telecommunications and technology industries. Get a quote now.

Best Destinations For A Career Abroad in 2017

Europe is rated the best destination for those looking to progress their career abroad and benefit from great working conditions. According to new data released from the latest Expat Explorer survey from HSBC, Switzerland, Germany, Sweden, Norway, Austria and the UK are among the top ten countries for a successful expat career.

British Expats With Sterling Incomes Feel The Pinch

Greater economic uncertainty has contributed to the pound declining in value against the majority of major currencies in the past year, according to latest research from Lloyds Private Banking. Over the past 12 months, the pound has fallen in value – to varying degrees - against 56 of the 60 currencies analysed.

Best Savings Rates In Expat Banking

The best current offering for sterling offshore savers is Standard Bank’s 1.4%, if you have £10,000 and can give 196 days’ notice of withdrawals. The only way to beat this rate is to lock your money away for longer. If you can leave at least £10,000 untouched until early 2019 then 1.75% annual interest is on offer from Skipton International.

For dollars, Standard Bank pays 1% for $10,000 or more, with 196 days’ notice. Standard Bank is also best for euros, paying 0.15% for €10,000 or more, with 196 days’ notice.

New: Your Guide To Living In Spain

Your Guide To Living In Spain by Expat Network provides guidance on the issues you will need to address as you plan your move, whether that is to retire, buy a second property or simply enjoy a whole new life in Spain. Your Guide To Living In Spain (priced £4.99 on Amazon) is available to download, free of charge.

Your Expat Money Questions Answered

If you have a question about your expat personal finances, don’t hesitate to drop us a line. Our expert expat money panel is ready to answer any questions you have. They have already assisted with many expat money queries.

Read Your Free Expat Living Magazine

The Winter edition of Expat Living magazine is now available to read completely free of charge. You can learn about life in Singapore and Spain, property purchase in Australasia, insurance for danger zones, and how to buy foreign currency wisely.

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