Brexit’s Impact On Job Search
Freedom of movement, long-enshrined as a key pillar of the EU, will soon be a thing of the past for UK citizens following the Brexit vote. But what, if anything, will replace it? And how will the referendum result affect the three million EU citizens who currently live and work in the UK? Businesses and...
Older Expats Count Twice In Saudi Arabia
Any expat in Saudi Arabia who is 60 years of age or more will be counted as two expat staff in the Nitaqat Saudisation programme, Al-Madina Arabic newspaper has reported. Expats registered as investors or academicians (professors, associate professors, assistant professors, lecturers) or working as doctors will not be considered as two staff even though...
Cyprus Offers Better Fast-Track Citizenship
The sunny climes and speedy administration of Cyprus have long made it a favourite port of call for investors and businesses looking to expand into Europe. With one of the lowest rates of corporation tax in Europe at 12.5%, equal treatment for offshore companies, its low capital requirement for starting a business and a strong...
Keeping Your UK Mobile Number While Abroad
Roaming and international call charges can be avoided by expats using a new service which allows them to keep their UK mobile number. Swytch, the UK-based start-up providing multiple mobile numbers on an existing mobile phone, has said that people in 130 countries around the world now have UK mobile numbers thanks to their app. Swytch...
USA Now More Oil Reserves Than Saudi Arabia
A new independent estimate of world oil reserves has been released by Rystad Energy, showing that the US now holds more recoverable oil reserves than both Saudi Arabia and Russia. For the US, more than 50% of remaining oil reserves is unconventional shale oil. Texas alone holds more than 60 billion barrels of shale oil,...
Contractors: Beware New Managed Service Company Rules
Contractors in the UK, or using UK structures while abroad, should consider how they might be adversely affected by new laws on managed service company providers. The UK taxman previously found it extremely difficult to enforce the old IR35 rules on personal service companies being used by contractors, say experts at Capital Consulting. So MSC...
Oil And Gas Workers Should Retrain?
A new online tool is designed to help skilled workers in the oil and gas sectors find job opportunities in the wider UK engineering sector, supported by the pipeline of large energy and infrastructure projects, according to the UK government. The existing Talent Retention Solution scheme, which is used by over 1,000 companies in the...
Saudi Arabia: The Hottest Jobs
From Tim Skelton: Looking at projects in Saudi Arabia - living and working in the famously conservative nation is not always straightforward.
Heading For A Foreign City? It May Be Expensive
Hong Kong tops the list of most expensive cities for expatriates, pushing Luanda, Angola to second position. Zurich and Singapore remain in third and fourth positions, respectively, whereas Tokyo is in fifth, up six places from last year. Kinshasa, ranked sixth, appears for the first time in the top 10, moving up from thirteenth place....
Brexit: The Bank Of England View
The Bank of England has quickly responded to financial questions raised by the UK’s referendum result on leaving the EU, in a handy Q&A format. What do any financial market movements after the vote mean? The economy will need to adjust to whatever new trading relationships are put in place in the future. These decisions...
What Recruiters Look For
While there is no sure-fire way to land the job of your dreams, there are steps you can take to ensure you stand out from the crowd and give yourself the best chance possible.
More IT Specialists Opt For Self-Employment
The number of information technology specialists moving into self-employment has increased by 48% in five years, up from 143,000 211,000. According to research by professional services firm Procorre, the number of contractors in IT is growing at one of the fastest rates of any sector. The increase is being driven by rapidly growing business investment...