expat network

Moving To Nigeria – Four Things You Should Know

If you are planning to relocate to Nigeria, make sure you are well informed about different aspects of the country in order to make your transition as smooth as possible. Cigna Global, specialists in expat healthcare, have put together this list of four things you should know to help you prepare before your move to...

Puzzles Over Expat Pension

I am unsure if my overseas pension (QROPS) is free from UK inheritance tax? It seems the case if you remain offshore, but is a bit grey if you come back to the UK – even after five years away. Stuart Ritchie, Chartered Financial Planner & Chartered Wealth Manager with expat financial advisers AES International,...

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...

Singapore The Best Place For Expats

Singapore is ranked the best place for expats for the second year in a row, in a new survey. Expats in Singapore enjoy some of the world’s best financial rewards and career opportunities, while benefiting from an excellent quality of life and a safe, family-friendly environment, found HSBC’s Expat Explorer country league table. More...

Britons Still Favour French Property

UK buyers are the most important group of non-resident investors in France, accounting for 34 per cent of all transactions in 2015, up 44 per cent on 2014. The figures come from a survey by the Notaires de France, BNP and Rightmove, the UK property portal. The combined effects of sterling strength and euro weakness...

Better Late Than Never For US Taxes

When moving abroad, there are many logistics to consider – one of which is your US tax obligation. Occasionally, though, US expats find themselves in a situation where they haven’t filed a tax return – whether it’s because they were unaware of the deadline or perhaps didn’t know they needed to file. Luckily, there are...

Saudi Arabia To Tax Money Sent Abroad

The Saudi authorities are considering a tax on remittances by expats. By tightening the rules on employees sending money abroad the Saudi government aims to raise revenue. It is considering plans to impose a tax of up to 6 per cent on money sent out of the country by expats. New rules may also limit...

Expat Rents Stable, Falling In Oil States

The subdued global economic growth of the past year has had a significant impact on rental rates around the world. The majority of locations have witnessed very static rental trends, with minimal movements in the last year. But there are regional variations. Low inflation has helped to keep wage rises down, which has had an...

Expats Are Lax On Health Cover

Nearly 60 per cent of Britons moving abroad do not secure medical insurance cover before they go. Over four-fifths of respondents to a survey by AXA PPP International feel concerned about accessing quality healthcare while abroad. Yet three-fifths do nothing about it. The urge to live and work abroad is growing, with the research...

keep your uk mobile number

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...

Going To An Area Of Conflict? Take Cover

If you are going to a part of the world deemed ‘high risk’ by your government you may need specialist travel insurance to cover you. A new policy is aimed at individuals or groups going from the UK, EEA and overseas dependent territories on business or leisure to areas that are deemed to be high...

Making International Payments: The Essentials

Currencies can fluctuate quickly and dramatically, and being aware of how this could affect you is all-important. Whatever the reason for your currency transfer, we’ve put together this short guide to help you with the basics of making an international payment. By World First. What are foreign exchange rates? The exchange rate is determined by...