HSBC Expat Explorer: Best Cities For Expat Lifestyle And Culture
HSBC’s Expat Explorer survey looks at many aspects of the expat life and has just reported on the best cities for lifestyle and culture. Whether it’s a more active lifestyle you are looking for, cultural experiences or enjoying excellent food experiences, these are the cities that expats love. HSBC point to these highlights: Culture...
Financial And Lifestyle Benefits Of The Expat Life
The HSBC Expat Explorer survey provides insights each year into expat life around the world and highlights the locations that expats love. Overall expats are very positive about the experience and there are lifestyle as well as financial benefits. Financial The economic drivers for moving abroad are highlighted with expats globally having an average gross personal...
Do I Need To File A UK Tax Return As A Retired UK Expat?
I am a UK retired expat and left the UK in 2006 and have been travelling since then. I divide my time between Asia and Europe, no longer than 3 months in any one country at a time. I have not filled in tax returns, in that time, but am now looking to settle in...
Healthcare In America
Healthcare in America has a reputation for being amongst the most advanced in the world, but coverage is not universal. For those who can afford it, health insurance gives people access to very sophisticated systems and highly qualified medical practitioners. However, healthcare in America is very expensive and there are many who are unable to...
Saudi Arabia And UAE Introduce 5% VAT
The Middle East has long been associated with tax-free living, but from January 1st United Arab Emirates and Saudi Arabia 5% VAT on most goods and services. The introduction of VAT follows the recommendation from the IMF that oil-exporting countries in the Gulf introduce taxes as one way to raise non-oil revenue. Forbes reports that...
British Expats And The Statutory Residence Test
Tax residence is not an issue that most of give much thought to. As a British taxpayer you are subject to tax on your worldwide income and any capital gains unless you are not UK resident. So when you spend all or part of the year abroad the issue comes in to sharp relief as...
Top Ten Tips To Get The Best Flight Deal
Once the decision has been taken to move to a new home abroad, the excitement builds and you can begin to make the arrangements. You will arrange to ship your personal belongings and then you need to think about how to get yourself there and where to stay when you first arrive. Advice on getting...
Number Of Expat Workers Over One Million By 2021
The global trend for international mobility looks set to continue as smaller and medium-sized multinationals, in particular, drive growth and encourage greater movement of employees around the world. This is a key finding from a study by Finaccord, which reveals that the number of multinationals worldwide is on course to reach 13,900 by 2021 while...
Renting Or Buying Property Abroad
When deciding whether to rent or buy property when you move to a new country, your choice will depend on a number of factors. Things to be taken into account include: the expected length of stay; local market factors; whether you are travelling alone, as a couple or as a family; available budget; whether you...
UK Expats: Does The Self-Assessment Tax Return Deadline Affect You?
Each year, countless people leave the UK for foreign shores, chasing a new life or career. Yet this break from Great Britain may not be clean in the eyes of HMRC, who could disagree with your ‘expat’ status. This article was written exclusively for Expat Network by SimpleTax Many non-resident Britons still face obligations when it...
Tax To Be Paid Twice On Overseas Earnings?
I left the UK for India on 5 March 2017 to work on a two-year contract. My salary is paid into an Indian bank account in rupees and I transfer funds back to the UK. I am thinking of returning to the UK early in December 2017, but I fear I may be taxed in...
Risks Of Working Abroad Are On The Rise
Medical issues, severe penalties for breaching local laws such as immigration and tax regulations and terrorism are the most common risks facing businesses who send workers overseas. This is according to new research by global mobility firm Santa Fe Relocation. The findings from its 2017 Global Mobility Survey revealed that nearly a nearly a quarter...