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...
Retiring In Portugal: A Guide For Expats
Portugal is becoming a more and more well-liked retirement destination because of its gorgeous coastline, pleasant climate, and rich cultural legacy. Retiring in Portugal offers a laid-back lifestyle and lots of options to spend your senior years, whether your dreams include sipping wine by the Atlantic or touring historic villages. We’ll go over all you...
UK Overnight Stays In Portugal Up 39.5% In 10 Years
Figures from Portugal’s national statistics institute (INE) reveal that the number of overnight stays by UK visitors in Portugal has increased by 39.5% in 10 years, from 7,095,996 in 2013 to 9,901,272 in 2023. The huge increase shows how comprehensively Portugal is now on the radar of many UK tourists, as well as those from...
Keeping Your Home Number Abroad: An Expatriate’s Guide
Understand how VoIP lets you keep your country’s phone number anywhere worldwide. We will cover how VoIP transforms expatriate communication by enabling the retention of your home phone number anywhere in the world. This guide delves into VoIP’s main advantages, from global connectivity to always-on access to SMS messages, explaining what makes it an excellent...
Portugal’s Golden Visa – New Rules in 2024
Portugal’s Golden Visa programme has been a very successful scheme but new rules have removed the option to invest in real estate which has been the most popular option. The problem has been that the programme’s success is believed to have had a significant impact on property prices and so the option has been withdrawn. ...
Non Habitual Resident Regime, Out With The Old And In With The New
The surprise announcement by the Portuguese prime minister that he saw no value for the Non Habitual Resident regime (NHR) and it would cease at the end of 2023 was swiftly followed by the surprise announcement that he would be resigning. The new rules regarding NHR were to be included in the budget so there...