expat network
currency exchange

How To Save Money On Currency Exchange

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...

nhs

Living Abroad – Can I Get Free NHS Healthcare When Visiting The UK?

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...

expat mortgages

UK Expat Mortgages Are Easier To Find Than You Might Think

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...

high risk insurance

High Risk Insurance For An Increasingly Volatile World

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...

UK visit

UK Visit Limitations To Remain Non-resident For UK Tax Purposes

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...

US citizenship

What Do I Have To Do To Complete My Renunciation Of US Citizenship?

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...

business

Should I Start My Business In The US Or In Belgium?

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...

split year

How Does The Split Year Calculation Work?

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...

tax for uk expats

All Things Tax For UK Expats

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...

best options

What Are The Best Options For Moving Money Abroad?

Today there are many options for moving money abroad and making the most appropriate choice depends on how much you are moving and whether you will be sending regular amounts.  Short Term Travel Credit cards or holiday cash can cover short term holiday requirements, but if you are planning to buy a house or cover...

Currency advice for expats

Overseas money transfers – if you know your way around you can save a lot of money, as well as hassle! Moving abroad is difficult and expensive as it is. As exciting as it may be, it’s also tasking, highly energy consuming, and wallet draining. Transferring money overseas is nothing short of a necessity when...

high risk

The Importance Of High Risk Insurance Cover

As businesses work hard to expand internationally and expats choose to travel further afield to counter the impact of the challenges they are seeing in many of the more traditional and domestic markets, there has been a marked increase in international travel for business and work to more remote and austere environments with the hope...