expat network
currency risks

Top Tips For Managing Currency Risks When Retiring Abroad

Retiring to a life overseas, comes with many important considerations, not least of all how to manage the exchange and international transfer of your money, be it accumulated savings or ongoing income. Written exclusively for Expat Network by Tom Arnold of Currency Index There are various options open to you in terms of the...

currency exposure

5 Tips For Managing Your Currency Exposure As An Expat…

Managing exchange rate risk and transferring funds internationally are a part of life for expats and making sure that you do this effectively can make a significant difference to the cost of covering regular expenses and major purchases.  Currency Index, the expert currency consultants, set out their top tips for managing your exchange rate exposure...

mortgage currency

Mortgage Currency Quirk Favours UK And Expat Buyers In Spain

Currency risk is an important issue when buying a property abroad.  Offshoreonline have pointed to a term available from at least one Spanish lender that can help you to manage your currency risk when earning in a different currency to the Euro. Written for Expat Network by Guy Stephenson of Offshoreonline Currency stability should...

currency exchange

How To Save Money On Currency Exchange

International payments expose you to exchange rates and getting the best rate can save you money. Specialists Currency Fair explain the impact of exchange rates and how much you can save. Written exclusively for Expat Network by Currency Fair Nobody likes getting short-changed, especially when the sums involved are significant. Before making your international...

banking

Banking In New Zealand

There are five major banks (ANZ, ASB, BNZ, Kiwibank, and Westpac) and a number of smaller banks in New Zealand.  There are also credit unions and savings banks (similar to building societies or savings and loans) which offer many of the same services and, like banks, are supervised by the Reserve Bank of New Zealand...

customs requirements

Customs Requirements For Entry To Canada

If you are moving to Canada it is important to understand the customs requirements for entry in to Canada.  We provide guidelines here but the Canada Border Services Agency (CBSA) website has a wealth of detailed information You will need two copies of an inventory of all the goods you intend to bring into Canada...

living-in-australia

Top 10 Facts About Living In Australia

If you are thinking about moving to Australia here are our 10 top pieces of information for expats: Australia is the most popular destination in the world for UK expats with over 1 million Brits living there. There are also at least 100,000 Americans living in Australia. With 28% of Australian residents born overseas there...

Moving To Spain? Seven Questions Could Save You Money

If you are moving to Spain or have recently relocated, you have made an excellent choice. Aside from its obvious appeal, Spain can offer real tax-efficient opportunities – if you are well prepared. By Jason Porter This article was written exclusively for Expat Network by Jason Porter, Business Development Director at tax and wealth management advisors Blevins...

Currency Changes And The Price Of Property

In global prime property markets even small percentage changes in currency can have significant monetary implications. Currency, ownership costs and taxation are becoming increasingly important considerations for investors, especially as the rate of price appreciation slows in some global city markets. New research by property consultancy Knight Frank suggest that individuals need to be conscious...

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...

Do You Need An Offshore Bank Account?

The answer is, you may not. But Iain Yule reckons that most British expats will at some stage, if not throughout their time abroad, find offshore banking useful in a number of ways. First and foremost is the potentially huge tax saving you can make by placing your savings offshore. To take the example of...

Currencies: No Such Thing As A Free Transfer

When making a transfer most people focus solely on getting the best exchange rate. However, hidden extras and commission fees make it hard to know whether that means you have got the best deal. By World First If you are ever promised a ‘free transfer’, you should know that there’s really no such thing. All...