expat network

Real Estate Market Prospects In Portugal In 2024

The removal of property investment as an option when applying for a Golden Visa in Portugal and the closure of the Non Habitual Residence scheme is due to the Government’s belief that these have been driving unsustainable property price increases. So what are the real estate market prospects in Portugal in 2024? Bloomberg report that...

Portuguese mortgages

Portuguese Mortgages – Frequently Asked Questions Answered

Portuguese mortgages follow different rules to those you may be used to in the UK or in the US. Here Mortgage Direct, a leading mortgage broker in Portugal, provide answers to the frequently asked questions from expats looking to take out a Portuguese mortgage. Written for Expat Network by Mortgage Direct ...

Cambridge Home School Online – The School That Travels With You!

The world of education has seen a dramatic shift over the past decade, accelerated by the global pandemic. As families seek quality alternatives to traditional schooling, online education has gained prominence. Among the institutions that have risen to meet this demand, we are proud to say that CHS stands out as one of the leading...

property abroad

Buying Property In Portugal

Portuguese estate agents must be licensed and qualified, so ask to see their INCI certificate and AMI licence. With typical agent fees of more than 5%, private sales are common – look out for boards saying vende-se or para venda. By Christopher Nye Among Portugal’s largest online property portals are casa.sapo.pt and imovirtual.com, or a...

How UK Pensions Are Taxed In Portugal

If you’re retiring to Portugal, how will your UK pensions be taxed there?  Other than government service pensions, your pension income will be liable for Portuguese tax, with the treatment varying according to the type of pension.  Understanding the rules helps you plan ahead, avoid unwelcome surprises, and take the opportunity to establish the most...

A New Horizon – The Upside Of Downsizing For Retirement Overseas

As the UK’s baby boomers enjoy their retirement and Generation X begin to follow them, a significant shift is occurring in the housing market. Empty nesters are choosing to downsize and relocate abroad, seeking sunnier climates and a cheaper lifestyle. This trend is not just financial savvy; it’s a move towards a new chapter of...

Managing Foreign Exchange When Buying Property Overseas

We are pleased to introduce you to Regency FX, our forex and international payments partner.  They are able to assist you in all your requirements for all aspects of managing your foreign exchange risks and international payment requirements.  Here they outline the assistance they can provide when you are buying a property abroad. Regency FX...

7 Reasons Why It’s Better To Buy Than Rent When Moving Overseas

Whether you’re contemplating retirement under the Mediterranean sun, taking the family to Australia or a career relocation to the Far East, moving abroad is an exciting, life-changing prospect. But when it comes to finding a home, the question is whether to buy or not to buy. Renting a home has its merits, but so does...

A Comprehensive Guide For Expats: Navigating Loneliness Abroad

Working your dream job in another country is an incredible lifetime achievement. However, behind the wonderful experience of living in a foreign land, there’s a challenge that many people don’t talk about often. Living for an extended period in an unfamiliar place leads to loneliness. If mishandled, the isolation could affect an expat’s well-being, leading...

The UK Tax Residence Test And Expatriates – Are You Sure You Have Escaped UK Taxation?

The UK statutory residence test determines whether or not individuals are resident in the UK for tax purposes. It can continue to impact British expatriates more than you realise, so it’s important to understand the rules and follow them carefully where necessary. Written by Jason Porter of Blevins Franks You may be settled in a...

10 Must-Ask Questions When Purchasing Property Overseas 

Buying a property abroad might be a dream for many, but for some, it can quickly become a nightmare. With different buying processes to the UK, legal systems, languages and currencies there are lots of potential areas for things to go wrong. However, YourOverseasHome.com believe that potential problems can be avoided, as long as prospective...

What To Know When Buying A Second Property Abroad

Owning a second property abroad has become increasingly popular among UK residents, offering a blend of lifestyle enhancement and investment diversification. Whether you’re purchasing a holiday home, an investment property or somewhere you are looking to retire, purchasing real estate overseas requires careful consideration and thorough research. Here’s what you need to know before taking...