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...
Tax Implications Expats With Property In Spain Should Consider In A Post-Brexit World
The UK’s exit from the European Union has prompted expats to review the way in which they manage their estates and hand down their property abroad. While the issue is shrouded with misconceptions, people are more alive now than ever to their options for succession planning. But it doesn’t stop there. Richard Bate, Partner at...
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...
The Best Places To Live In Alicante
Located in Spain’s fourth most populous region (Valencia), Alicante offers visitors and new residents its own distinctive Mediterranean identity and a wonderfully diverse array of towns dotted around the province. Written exclusively for Expat Network by Annie Button Alicante province has the highest ratio of foreign residents of all Spanish provinces; around 450,000 people,...
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...
Brexit Effect Leads To Buy To Let Bargains For Expats Says Broker
Is now the time for expats to take advantage of their buying power to purchase UK buy to let property? Broker, Offshore Online, believe that it is with prices rising slowly due to Brexit uncertainty and rates available to expats offering good value. Look carefully and the UK buy to let market should have...
Why Should You Retire To The Costa Blanca?
The Costa Blanca is one of the most popular regions for British expats retiring to Spain. It has a number of resorts that are popular with British retirees and not too overwhelmed by holidaymakers. Which are the most popular and what are their attractions? The Costa Blanca is extremely popular with people planning to retire...
Expats Increasingly Vulnerable To New Build Deposit Loss
When buying a new build in the UK a deposit is often required and if problems arise in funding the purchase this deposit can be at risk, especially for expats. UK expats looking to invest in new build homes in the UK are increasingly at risk of losing their deposits, thinks expat mortgage specialist,...
How To Have Peace Of Mind As An Expat
Being an expat has its benefits and can also expose you to more unknowns. What would happen if you were injured or unwell and unable to work? Clements Worldwide have compiled a quick checklist to help you in your planning and what you might need in your new home country. Don’t leave anything to chance...
Home From Home? Which Nationalities Have Property On The Costa Del Sol?
The Costa del Sol is an incredibly popular tourist destination and it’s not really hard to see why. With a vast array of stunning beaches, an abundance of gorgeous scenery and a plethora of historical landmarks, the region has become an increasingly popular place for foreigners to purchase holiday homes, jumping on the ‘residential tourism’...
Top 20 Tips For Buying Property Abroad
Buying property abroad comes with a number of new challenges and complexities that are different from those faced in the UK. Simon Conn who has been arranging overseas mortgages for over 35 years gives his top 20 tips when buying property abroad. Written by Simon Conn, Overseas Property and Finance Specialist With the overseas...