Young Expats Struggling The Most With Mental Health – Is Social Media The Cause?
Research by AXA has revealed that as many as two in five (41%) young expats aged 18-24 are negatively impacted mentally by social media and tech addiction. AXA – Global Healthcare has reviewed the Mind Health Index, looking at how young expats are affected by social media. The research found that those who report a negative...
Vienna Revealed As The Most Family-Friendly European City
A new survey, commissioned by life insurance broker, Reassured, has revealed the top cities in Europe for families, with Vienna as the most family-friendly European city, and Austria ranking as the best country overall. The survey looked at a range of metrics, such as average cost of a 3 bed, average monthly costs, number of...
Portugal’s favourable expat tax-regime remains in place despite reports to the contrary.
It has recently been suggested in the press that Portugal’s favourable expat tax-regime for British residents has come to a close, but this is not so. Analysis by Jason Porter, director of specialist expat financial planning firm Blevins Franks Arrivals to Portugal who have not been resident there in the previous five years can still...
How to retire to Europe and pay less tax on your pension
When thinking about retiring to Europe, it is worth considering where you will pay the least tax on your pension. Your pension is likely to be your primary source of income in retirement and it pays to be aware of the different tax regimes in place in the most favoured European retirement destinations. This analysis...
Can UK Taxpayers Escape Inheritance Tax By Moving Overseas?
With the UK government taking in record amounts of inheritance tax (IHT) and associated penalties, how will your domicile affect your tax position? Can you escape inheritance tax and pass on your estate as you wish? Inheritance tax (IHT) receipts by the UK government from April to July 2023 were £2.6 billion – up £200...
The Best Places For Pet Owners To Live In Europe
The UK is a nation of pet lovers. In fact, 77% of households with children are pet owners. For many of us, life without our four-legged friends would be no kind of life at all. So, for those who fancy trying life abroad, where are the best, safest and healthiest cities and countries to move...
Eight taxing mistakes made by Britons retiring abroad
Britons considering retiring abroad need to give plenty of thought to planning their finances, in order to avoid making costly mistakes. Here are eight important subjects to think about – well in advance of making the move. By Jason Porter, director of specialist expat financial advisory firm Blevins Franks British expatriates need to know when...
The World’s Best Countries For Life-Work Balance
A new global study has revealed the best nations in the world for life-work balance – would you choose to relocate to readdress your life-work balance? Global employment specialists Remote conducted a worldwide study into life-work balance, assessing the quality of life-work balance across the world. Remote believes the mindset of employees should flip to...
Supreme Court Protects Temporary Residence In Spain, Even If There Are Long-Term Absences From The Country
The Spanish Supreme Court has declared null the article of the Immigration Law that allowed the termination of temporary residence permits when there had been absences from Spain for more than 6 months within a period of 1 year. Written for Expat Network by Mª Eugenia Blasco Rodellar, Immigration Partner, AGM Abogados Without going into...
Watch out for wealth taxes if you are considering a move, perhaps at retirement, to the EU.
Wealth taxes are applied widely in the EU – an annual tax on the value of national or worldwide capital assets. In some countries it applies only to a restricted group of assets, commonly property, whilst in others the scope is much wider. There is speculation that an incoming Labour government in the UK might...
Thinking of moving abroad to escape possible Labour tax rises?
Can you plan your retirement to sunny southern Europe and at the same time avoid some of the widely expected future Labour tax increases? Many sunny European countries have lower tax rates and there are specific financial products which you can invest in to make your move tax efficient. ISAs could be used to shelter...
Ready To Semi-Retire To Spain? New Spanish Digital Nomad Visa
Does the idea of retiring to Spain sound just perfect to you, apart from the fact you are too young to access your pension? Do you think you could do your job from anywhere, as long as you had a desk, laptop and telephone? Then a Spanish ‘Digital Nomad’ Visa might be the answer. The...