Here are the latest expat savings rates. Many expats can benefit from using offshore bank savings accounts. They are useful for working in different currencies and for gathering interest without deduction of taxes. See the article ‘British Expats – Do You Need An Offshore Bank Account?’ The best current offering for sterling offshore savers is...

One of the members of the Expat Network community asked the following question about where her UK pension will be taxed having emigrated to Canada. Richard Watts-Joyce, Partner at Global Tax Network responded to her query. Question: “I have just submitted a request to collect my pension early from Merseyside Pension Fund of which...

Stamp duty payable on execution of a mortgage deed in Spain has been the subject of case law and legislation recently in Spain.  B Law & Tax explain the implications of the recent decisions. This article was written exclusively for Expat Network by B LAW & TAX, International Tax & Legal Advisors   Currently Stamp Duty...

International payments expose you to exchange rates and getting the best rate can save you money. Specialists Currency Fair explain the impact of exchange rates and how much you can save. Written exclusively for Expat Network by Currency Fair Nobody likes getting short-changed, especially when the sums involved are significant. Before making your international...

One of our members who lives in The Philippines asked whether they could still access the services of the NHS as a British passport holder.  I have been living and working outside the UK for a number of years but plan to visit family in the UK and wanted to know whether I can make use...

One of the key reasons many expats move abroad is to realise their dreams of living a better quality of life and gaining financial independence. By choosing to work in a low tax environment, expats willingly make a choice to live and work away in order to help realise not only their own dreams but...

Standard travel insurance does not generally cover you for high risk areas, such as warzones, crisis and disaster relief zones and specialist providers have developed to meet the need.  Kidnap and ransom can happen anywhere, but there are higher risks in some areas, and policies to support you and pay the ransom, if the need...

One of the members of the Expat Network community asked the following question about being able to visit the UK without becoming tax resident in the UK and we asked Trevor Wilkes of Trew Tax to respond to his query. I have a permanent home in the USA, where I have lived for 35 years...

One of the members of the Expat Network community asked the following question about his duties to file to complete his renunciation of his US citizenship and we asked Greenback Expat Tax Services to respond to his query. Question: I renounced my US citizenship on January 17, 2019.  Since moving to Europe in 2010, I...

I’m an expat who has been living abroad for seven years. As I’m married to a Belgian citizen, I’m also a Belgian resident with right to work in the EU. I would like to start my own business as a freelance copywriter but am wondering if it’s more beneficial to start a business in the...

I am entitled to a split tax year. I run a property letting business outside of the country. I was resident in the UK for 21% of the tax year. Do I declare 21% of the annual net income earned to HMRC following the calculation of the year’s net profit. Trevor Wilkes, Principal of Trewtax Services responded...

Expat tax affairs can be complicated, so GoSimple Tax have gathered some tips to help you understand your tax requirements as a UK expat that is still domiciled in the UK. This article was written exclusively for Expat Network by SimpleTax Income Tax The tax you’ll need to pay within the UK on your foreign...