Expat Lenders Keep Expat Mortgage Deal Flowing During COVID-19
Just one month after the UK government effectively put large parts of the UK property market into a form of hibernation, evidence is emerging that many specialist UK expat mortgage lenders are finding ingenious ways of keeping expat house purchases moving and delivering completions. Written for Expat Network by Guy Stephenson of Offshoreonline With much...
Portugal’s House Prices Increase Whilst Rental Prices Decrease
In their annual report on house purchase and rental prices in Portugal Imovirtual have seen increases in the price of buying property in many areas but a reduction in rental prices. Here they set out the results for each area. Written exclusively for Expat Network by Imovirtual House Prices in Portugal House prices in...
Five Financial Things To Consider If You Plan To Retire Abroad
When retirement is around the corner US citizens may want to consider is whether you want to retire in the U.S or abroad. Here Rick Pendykoski of Self Directed Retirement Plans sets out the financial considerations you need to make before moving abroad. Written exclusively for Expat Network by Rick Pendykoski of Self Directed Retirement...
Covid-19 Self-Employed Income Support Scheme In UK
Missed the January self-assessment deadline? You have four weeks to file your 18/19 tax return to enable you to access the government grant announced by Chancellor Rushi Sunak. Written for Expat Network by GoSimpleTax Self-Employed Income Support Scheme Summary: You must have completed your 18/19 tax return 80% of profits up to £2,500 per month...
A Guide To Recent Tax Changes For Landlords
With the latest Budget fresh in everyone’s minds, it’s easy to lose track of the changes actually impacting landlords today. For landlords who don’t have the time to keep abreast of every update to legislation, it’s hard to keep up and remain compliant. That’s why we’ve asked Mike Parkes from GoSimpleTax to weigh in on...
Be Tax Savvy: File Early In 2020
GoSimpleTax recommend that you submit your tax return in April. Filing just short of the deadline can be a dangerous game. HMRC is under pressure, you may not have the documents you need, and it doesn’t leave you much time to save for your tax bill. Filing in April, on the other hand, solves the...
Expats Face Stamp Duty Surcharge On UK Property Purchases
Expats and foreign investors in the UK property market face a 2% stamp duty surcharge following the UK 2020 Budget. This is added to the 3% charged on those not occupying the property meaning that there can be stamp duty charges of up to 17% on the most expensive properties. The 2020 Budget included an...
Motivations And Concerns When Planning Retirement Abroad
Expat Network has carried out a survey into the plans of those considering retiring abroad as well as the experiences of those who have already retired abroad. What are the main motivations for their decision to retire abroad, how are they financing it and what do they plan to do about property? One in three...
How To Apply For A Visa Online
Applying for a visa to travel to many countries can be done online, but this can involve completion of complex forms and an error can lead to applications being delayed or rejected. Written for e-Visa.co.uk Today travel abroad is popular for a range of reasons and whether it is for business or pleasure it is...
Top Tips For Arranging Expat Health Insurance
One of the biggest concerns that many expats have when moving overseas relates to healthcare insurance and the quality and availability of medical provisions in their host country. While the healthcare available in the west is generally well developed and up to a high standard, this may not necessarily be the case in locations overseas and the...
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...
Where To Buy A Property Abroad In 2020
What are the prospects for the international property market in 2020. Simon Conn has been an international mortgage broker for 40 years and sets out his view on which are the best places to buy in 2020. Written for Expat Network by Simon Conn In 2019 Simon Conn had a steady number of enquiries...