June is a very important time of year for US expats. Your expatriate tax return is officially due this month, along with your Foreign Bank Account Reporting (FBAR), if you meet the filing threshold. Here are the facts you should know so you can be prepared as the deadlines approach.   US Expat Taxes As...

According to a study by UniGroup Relocation, a global moving company, reported in Global Times, twice as many expats have recently moved out of China than into the country. The study said that reasons for the outflow included expiring work contracts, rising costs of living, air pollution and companies cutting labour costs in the wake...

An institute designed to educate expat employees in the emirate of the country’s laws and informing them of their rights and duties was launched recently, reports Gulf News. The Workforce Training Institute is currently in its preliminary stage of training Dubai’s blue collar workers, but by 2018, it is set to train expat employees across...

The UAE Ministry of Human Resources and Emiratisation has told employees living in accommodation provided by their employers to vacate it within 30 days after their service is finished, according to reports in Emirates 24|7. An HR executive with a leading UAE company, however, told Emirates 24|7 that employees can be given grace period...

The latest UKBudget contained an attack on disguised remuneration avoidance schemes with a new charge on outstanding loans. The new scheme outlines how income tax and national insurance contributions (NICs) will be imposed on employee loans which are outstanding on 5 April 2019, irrespective of when the loan was advanced to the employee or individual....

Contractors can present themselves for employment in a number of ways, ranging from employee to offshore company director. Make sure you take the approach that suits your circumstances best. It is important to consider the structure of your relationship with companies you do business with. There are a number of options, according to accountants Forbes...

One of the most important financial tasks you have as an expatriate is to plan how and to whom you will leave your assets. It can be a complex process, involving inheritance taxes and succession law of more than one country, but it is vital to have a solid ‘estate plan’ so your estate is...

New legislation, the Common Reporting Standard (CRS), came into effect from 1 January 2016. The CRS is an agreement between nations that they will automatically exchange information about residents of another country who hold financial assets in theirs. By Adam Thompson This means that if you are a tax resident in the UK and...

Retired Expat Network member Colin Guest has written a new book about his expat experiences. Titled Follow in the Tigerman’s Footsteps: The Adventurous Life of an Expat, Colin’s tales of moving from country to country and finally settling in Turkey reflect a life he considers very lucky. He helped to build five-star hotels and palaces, and...

A majority of multinational companies expect to increase their use of short-term assignments for expat staff in 2016, according to consultants Mercer. Over the next year or so, around half of companies anticipate an increase in the use of permanent transfers, developmental and training assignments and locally-hired foreigners. A smaller proportion expect to see an...

The way income from renting out property in the UK is taxed is changing dramatically. Make sure you are fully aware of how this could affect you…

As a globe-trotting expat you have many financial matters to monitor – particularly your taxes. But you must also cope with spending and saving in foreign currencies, writes Iain Yule. The itinerant expat needs to juggle a number of currencies quickly, efficiently and cheaply. So a number of offshore banks have...