expat network
pension pots

British Pensioners Could Face £10bn Being Wiped From Pension Pots

According to an analysis conducted by financial advisory consultancy, Hoxton Capital Management, the average pension pot of over-65 Britons living abroad has reached £210,000. In volatile years, they report, currency market fluctuations removed as much as 20% from British pensioners’ spending power. Based on the amount of British citizens aged 65 and over living in...

One Year Until Brexit: What Do We Know About Expat Rights?

Brexit day is set for 29th March 2019 and so with a year to go, what do we know about Brexit?  The focus currently is on transition, which is important, but the post transition arrangements will be what counts in the long term. The joint statement on 19th March agreed that the transitional period will...

brexit

Quarter Of Young Brits More Likely To Emigrate Due To Brexit

New research reveals 15% of Brits are more likely to consider moving abroad for work since the Brexit vote and that the figure is almost double for 16–24-year olds (27%). A survey commissioned by moneycorp reports that young people aged 16–24 are nearly twice as likely to consider moving abroad due to Brexit. Just over...

Implications of the Joint Agreement for British Expats

The recent breakthrough in the Brexit negotiations has given some clarity to the question of expat rights. Jason Porter of Blevins Franks commented, ‘A landmark agreement has been reached in Brexit talks which should cement the rights of UK citizens resident in other EU countries. The most important aspect is obviously the right to reside, but...

New Mortgage Range For British Expats

Offshore bank Skipton International has launched a new range of mortgages for British expats. The Guernsey-based bank is offering two new fixed rates For borrowers looking for a remortgage of £300,000 or more, the rate is fixed at 3.99% for five years. Smaller loans between £100,000 and £300,000 come with the higher rate of 4.49%...

1.6 Million Britons Go Expat In A Decade

Since 2006, emigration from Britain is estimated to have reached 1.65 million. But the number of Britons moving abroad has slowed down over the past decade. Between 2006 and 2011, the number of Britons leaving the country averaged 162,667 a year, according to latest research from Lloyds Private Banking. Since 2012, this average has dropped...

Time For British Expats To Buy Property Back Home?

With the pound trading at an historic low against the world’s major currencies, now may be a good time for British expats to consider investing in property back home, according to property investment firm Benoit Properties International. With a significant shortage of supply in the UK property market, prices and rents are rising steadily, say...

Tax And Residence Rules For British Expats

You can still be liable for UK income tax even if you think you are safely non-resident. Make sure you pass the statutory residence test, writes Iain Yule. The UK’s statutory residence test is a welcome development after the old system, say advisers at expat specialists Blevins Franks, and provides much more certainty. However for...

The Brexit Effect On Currencies

On Friday 24 June the UK woke up to the news that the country had voted to leave the European Union by a majority of almost four percentage points. After seemingly buying into the belief that the Remain camp would ultimately emerge victorious, currency markets, particularly the pound, quickly reversed course as the tide of...

New Zealand Continues To Attract Britons

New Zealand has voted, following a national referendum, to keep its current flag, which features the British Union Jack alongside the Southern Cross star constellation. It is also attracting record numbers of migrants. Britain has a rich history with New Zealand. People, commerce and ideas have flowed between the two countries for many generations. The first...

New App Provides News From UK

The Times and The Sunday Times have launched The Times of London Weekly, an international digital app that provides readers with a world view from London. The new app pulls together journalism from both titles in a single digital edition, published once a week on Thursdays. The Times of London Weekly is designed to be...

Well-Off Britons Want To Retire Overseas

Recent research has found that a majority of wealthy Britons plan to spend most of their retirement overseas, with 8% emigrating Read more