UK Tax On Guernsey Portfolio?
I have a query regarding my tax situation. I am British and have been working in Austria for the past 18 months or so. I have quite a large sum invested through an asset manager in Guernsey – in investment trusts, exchange traded funds, real estate investment trusts etc. Could you possibly tell me if...
Buying Property In Cyprus
Buying in Cyprus has the advantage of English being very widely spoken and there being no great difference between prices for ‘locals’ and expats, which you see in some countries. When it comes to selling property to foreigners, however, developers and agents in Cyprus have made a few mistakes in the past. Some encouraged buyers...
Saudi Arabia To Tax Money Sent Abroad
The Saudi authorities are considering a tax on remittances by expats. By tightening the rules on employees sending money abroad the Saudi government aims to raise revenue. It is considering plans to impose a tax of up to 6 per cent on money sent out of the country by expats. New rules may also limit...
Expats Are Lax On Health Cover
Nearly 60 per cent of Britons moving abroad do not secure medical insurance cover before they go. Over four-fifths of respondents to a survey by AXA PPP International feel concerned about accessing quality healthcare while abroad. Yet three-fifths do nothing about it. The urge to live and work abroad is growing, with the research...
Fewer Life Insurance Options For Expats
Recent research suggests that only 16% of UK insurance companies offer life insurance products to British citizens living abroad. This was a substantial reduction from the previous year’s figure of 33% and indicates that British expats are now struggling to find adequate life insurance to meet their needs. Also in the survey, by insurance advisers...
Poyry wins engineering services contract
Pöyry awarded engineering services assignment for expansion of Lausanne railway station, Switzerland. Swiss Federal Railways (SBB) has appointed Pöyry, as part of the engineering consortium 4G, for the “Galette – Bâtiment Voyageur” (passenger building) main lot at Lausanne station. Pöyry is deploying expertise from across departments including civil engineering, railway engineering and buildings divisions to...
Dubai’s DP World inks Taiwan Port deal
Dubai-based global marine terminal operator DP World and the state-run Taiwan International Ports Corporation (TIPC), have signed a memorandum of understanding (MoU) for the development of Kaohsiung Port’s Terminal 7 in Taiwan. The agreement marks the beginning of a joint effort to seek future business opportunities and to steer growth in Taiwan’s port infrastructure, while...
Oil And Gas Workers Should Retrain?
A new online tool is designed to help skilled workers in the oil and gas sectors find job opportunities in the wider UK engineering sector, supported by the pipeline of large energy and infrastructure projects, according to the UK government. The existing Talent Retention Solution scheme, which is used by over 1,000 companies in the...
Heading For A Foreign City? It May Be Expensive
Hong Kong tops the list of most expensive cities for expatriates, pushing Luanda, Angola to second position. Zurich and Singapore remain in third and fourth positions, respectively, whereas Tokyo is in fifth, up six places from last year. Kinshasa, ranked sixth, appears for the first time in the top 10, moving up from thirteenth place....
Expat Healthcare In Canada
Canada offers citizens and permanent residents a universal public health insurance scheme known as Medicare. The quality of medical services in Canada is typically highly regarded and known for its remarkable standards of treatment and professionals. But what provisions have been made for expats in the country? By Cigna Global Expats living in Canada without...
Exits And Expats: How Brexit Affects You
Expats all over the world – and not just in the UK and Europe – will be puzzling over how the UK’s decision to leave the EU will affect them. It might certainly make it more difficult for Britons to find work in Europe. Savers, investors and European property owners will be affected too. ...
New Zealand Desperate For IT Specialists
It has recently been announced in New Zealand that migration is the only way to bridge the current skills gap for IT companies. The IT industry in New Zealand is growing rapidly, generating an estimated 3,000 new jobs each year. These roles aren’t being filled by existing training initiatives, even though there are more IT...