property - Page 10 of 10

expat network

World’s Best Places For Retirement Property

International Living magazine’s Annual Global Retirement Index has identified the most-affordable places to buy or rent property abroad in retirement Ecuador was found to be the best in this category. In the colonial city of Cuenca, you can rent a two-bedroom apartment for $500 or less, while the same property in the popular mountain town...

Dream Over For Expat Retirees?

A third of British people who have retired abroad intend to return to the UK, according to findings from the eighth annual NatWest International Personal Banking (IPB) Quality of Life Index. While ‘retired expats’ retiring to warm European countries is an enduring cliché, the index has found that younger expats (aged 25-35) are actually increasing...

How To Raise A Mortgage On Foreign Property

Despite the tricky financial climate, many Britons are still taking the plunge and emigrating, or buying a second home abroad. But if you want to raise a mortgage to buy an overseas property there are many different underwriting obstacles you may come up against, says overseas mortgage professional Simon Conn. Once you have seen the...

Buy-To-Let Property Faces Higher Tax Charge

Among some important changes to the way property transaction in the UK are taxed is a raid on buy-to-let investments.

Expat Landlords To Get Lower Tax Relief

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…

Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.