UAE Seeks To Lure Top Foreign Talent
The UAE government has approved a new visa system designed to attract top foreign talents in fields such as medicine, science and research to the country, Bloomberg reports Prime Minister Sheikh Mohammed bin Rashid Al Maktoum as saying. “The United Arab Emirates is the land of opportunities,” Sheikh Mohammed said after a cabinet meeting. Attracting...
Downtime In Africa
If your expat assignment takes you to Africa, why not travel to these recommended places in your time off? Get away from your work assignment and truly explore your new environment, its culture and unique sights. Marrakech, Morocco The Travellers’ Choice #1 Destination in the world, Marrakech is a magical place, brimming with markets, gardens,...
Downtime in the USA
If your expat assignment takes you to USA, why not travel to these recommended places in your time off? Get away from your work assignment and truly explore your new environment, its culture and unique sights. Charleston, South Carolina Charleston is known for great food (you won’t find better grits – ground-corn porridge – on...
Cyprus In Search Of Settlement
With ongoing talks in Geneva between Greece and Turkey about the divided island of Cyprus, how should property investors view this otherwise idyllic Mediterranean location? The BBC reports that talks to resolve the disputed territory on Cyprus between the heads of the Greek and Turkish governments are ongoing. But at the time of writing no...
British Expats With Sterling Incomes Feel The Pinch
Greater economic uncertainty has contributed to the pound declining in value against the majority of major currencies in the past year, according to latest research from Lloyds Private Banking. Over the past 12 months, the pound has fallen in value – to varying degrees – against 56 of the 60 currencies analysed. This followed a...
Best Destinations For A Career Abroad in 2017
Europe is rated the best destination for those looking to progress their career abroad and benefit from great working conditions. According to new data released from the latest Expat Explorer survey from HSBC, Switzerland, Germany, Sweden, Norway, Austria and the UK are among the top ten countries for a successful expat career. For the second...
Do New Buy-To-Let Rules Affect UK Expat Buyers?
Rules on UK lending introduced by the UK’s Prudential Regulation Authority limit the amount expat buy-to-let property investors and landlords can borrow on new mortgages. The new rules are designed to slow the demand for UK buy-to-let investment by demanding buyers raise larger deposits. Lenders will have to test affordability using notional interest rates of...
Are There Pay Rises To Come In 2017?
According to company predictions from around the globe, nominal wages will rise 5 per cent on average in 2017, slightly up on 2016’s 4.8 per cent average. In terms of real salary increases, the global average is forecasted to be 1.5 per cent, which is slightly down on 2016’s average of 1.6 per cent. Companies...
Free – Your Guide To Living In Spain!
Expat Network has produced a new guide especially for those who are thinking of relocating to Spain. Your Guide To Living In Spain focuses on the issues you will need to address as you plan your move to Spain. Download, free of charge, here… It’s a country rich in heritage with beautiful scenery, bustling cities,...
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...
Oman To Raise Expat Visa Fees By Half
Oman’s Ministry of Manpower has announced work visa fees for expats will increase by 50%. Fees for private sector workers will rise from OMR201 ($522) to OMR301 ($782). Times of Oman cited an official as saying the change would become law when it is published in the official Gazette. The official told the publication a...
Expats: What’s The Cost Of Learning A New Language?
If you’re thinking of moving abroad post-Brexit, a new tool helps you calculate exactly how long it will take to learn the local language, and how much it will cost. The thought of leaving the UK is certainly appealing to many – it has been widely reported that there have been record numbers of people...