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...
Isle Of Man To Recruit Hundreds Of Accountants In 2020
With Isle of Man-based accountancy firms in a drive to recruit hundreds of accountants in 2020, the Isle of Man Department for Enterprise has launched a targeted multi-channel campaign highlighting the financial incentives and quality of life on offer for those looking to relocate. Located in the Irish Sea between Great Britain and Ireland, the...
What To Look For When Buying A Spanish Villa
Are you looking to buy property in Spain? Whether you’re an expat resident, a regular visitor or a holiday landlord, owning a Spanish villa can be a huge asset. And before you say ‘but Brexit’, let’s just explain for the avoidance of doubt that the Spanish property market has always been popular with British (and...
Move From A Paper Tax Return To Online Submission
If you’re new to submitting Self Assessment tax returns, it pays to know that there are three ways of filing. Firstly, you can submit via the HMRC site and receive instant acknowledgement post-submission. You can also use commercial software to do this for you. Or, you can send a paper tax return to HMRC in...
Wealth Management For Expats
As an expat you are often in your best-earning years while overseas, so you need to make sure you are saving and investing tax-efficiently and getting good advice from people who understand your residence and tax situation. Here are some issues to consider. Residence Residence is a key issue when determining whether you are...
Prenups Should Be The Way Forward For Expats
While family law may not be top of the UK legislative agenda, Emma Collins, partner and head of Weightmans’ private client team, argues that prenups have an increasingly crucial part to play in divorce proceedings as we enter a post-Brexit world. Written exclusively for Expat Network by Emma Collins, Partner at Weightmans Like so...
Missing the October US Tax Deadline Could Cost You Your Passport
As the October 15th deadline approaches for US expats to file their taxes the IRS is increasing pressure on those who are not in compliance. Greenback Expat Tax Services set out the risks and how to ensure you understand and comply with the requirements for expats. This article has been written exclusively for Expat Network...