Online Shopping Tricks To Make You Buy Revealed

Online Shopping Tricks To Make You Buy Revealed

Expats shopping online may be shocked to know that some price comparison web sites tempt them to buy with some shady tactics. Most online shoppers believe price comparison sites help them find the best priced deal to suit their personal circumstances, but this is not always the case. Popular financial products expats buy online include […]

UAE Residents Continue to Plunge Capital into Global Property

UAE Residents Continue to Plunge Capital into Global Property

The UAE does of course give many expatiates the opportunity to make –and therefore save – a great deal more capital than they would in their home country. Those with the foresight to do so, often choose to invest in savings plans or perhaps even the global stock market (depending on personal appetite for exposure […]

Where Expats Are Moving To – And Why

Where Expats Are Moving To – And Why

More than 5 million British expats have left to live in other countries, according to detailed figures from the United Nations. At least one in four now live in Australia, but the big mystery is why the savage regime in North Korea list 294 British expat residents. Becoming an expat is a lifestyle choice and […]

Offshore rate rises cheer expat savers

Offshore rate rises cheer expat savers

Offshore fixed term savings rates for expats have stepped up a gear with several banks jockeying for the best interest rates. Santander, Conister Bank on the Isle of Man and the Nationwide has all nudged savings rates up to give expats a better deal. However, the best rates for long and short term money remain […]

Retirement Savers Wary Of Casino Pensions

Retirement Savers Wary Of Casino Pensions

Retirement savers have a lack of faith in financial firms and relate investing to gambling with their cash rather than gaining a certain outcome. Many savers regard the pensions industry with distain and consider companies greedy, corrupt and incompetent, according to a new study by the National Employment Savings Trust (Nest). The shocking opinion consumers […]

Expat Drivers Costing UK Millions In Lost Road Tax

Expat Drivers Costing UK Millions In Lost Road Tax

Millions of pounds of road tax is going uncollected because expat and foreign drivers are failing to register with the Driving Vehicle Licensing Centre, claims a motoring organisation. The RAC also argues that many vehicles coming into the country from abroad could be unsafe because they are not subject to the same stringent MoT checks […]

QROPS: 100% Access in the Post?

QROPS Access in the Post

The Treasury consultations regarding the proposed pension rule changes are due to come to an end on 22nd July, and any news on further sweeping amendments to the current scheme is likely to leak out in the coming months. The main point of conjecture – and one which is viewed by some as potentially damaging […]

Britain Powers Ahead As A Top World Economy

Britain Powers Ahead As A Top World Economy

Britain is set to surge ahead of France to take over as Europe’s second largest economy and the fifth largest in the world. Although Britain will push ahead of France and close the gap on Germany, Europe’s economic powerhouse by 2020, the success is expected to be short-lived. Economists at financial firm PwC reckon India […]

All Change As Russians Replace Spain’s Fleeing Expats

All Change As Russians Replace Spain’s Fleeing Expats

It’s all change in Spain as British, German and Scandinavian expats are leaving in droves – to be replaced by a flood of Russians. The problem for European expats is Spain’s new law that means any tax resident expat has to declare assets worth more than £39,750 (50,000 euros) held overseas. The Spanish National Institute […]

Pension Cash Boost For Car And Holiday Sales

Pension Cash Boost For Car And Holiday Sales

Car dealers and travel agents can expect a boost in sales next year as one in five retirement savers plan to spend their pension cash on life’s luxuries. Holidays and cars top the wish-lists of many retirement savers who will be able to unlock their pension savings from the age of 55 from April 2015 […]

Expat State Pensions Take A Pounding

Expat State Pensions Take A Pounding

Expat state pensioners on a fixed income are at the mercy of the ebbs and flows of fluctuating foreign currency exchange rates. As the pound rises and falls against other major currencies, the spending power of retirement savers can suddenly shrink or grow, making financial planning a real headache. Meanwhile, many of the 550,000 British […]

EU mobile roaming charges explained for expats

EU mobile roaming charges explained for expats

New European Union rules mean the costs of making calls or accessing the internet from a mobile phone have fallen. But many expats and travellers remain confused about which countries are in the pact – and those that are not. Here is a quick guide to the new rules and what they mean for mobile […]

Seven-Day Loophole That Boosts A Company Pension

Seven-Day Loophole That Boosts A Company Pension

Paying a bonus into a company pension fund to take advantage of the proposed new drawdown rules is not a problem – providing the timing’s right. Chancellor George Osborne’s proposals to open up the money locked in defined contribution pensions from April 15, 2015 is an attractive proposition for many retirement savers – especially directors […]

Fund Managers Tear Up Interest Rate Predictions

Fund Managers Tear Up Interest Rate Predictions.

Fund managers are tearing up the rule books and looking afresh at how to predict investment returns in the US economy. Leading funds work out likely interest rates with complicated computer modelling. According to Keith Wade, chief economist and strategist at Schroders, the models say US interest rates should already be on an upward path […]

SEIS Helps Entrepreneurs Take Vision To Market

SEIS Helps Entrepreneurs Take Vision To Market

The Seed Enterprise Investment Scheme (SEIS) is so important to new businesses because offering equity finance is much less risk for the business and investors than taking on debt. SEIS directors are also more likely to get someone to work with who understands their financial return depends on the financial success of the business and […]

China Agrees To Join FATCA At The Last Minute

China Agrees To Join FATCA At The Last Minute

The start of tax information reporting between the US and foreign governments and financial institutions under Foreign Account Tax Compliance Act (FATCA) from July 1, 2014 triggered a rush of nations joining the network at the eleventh hour. The major surprise for FATCA watchers was China agreeing ‘in substance’ to abide by the rules at […]

Do New Pension Rules Really Make You Better Off?

Do New Pension Rules Really Make You Better Off

Making the best of your pension and savings by investing sensibly to maximise returns and minimise tax is the double trouble of tax and provider fees. Tax policy is based on consumer choice – basically you can decide where and how to save for the best tax and growth benefits. You then pay the tax […]

QROPS & Safety; Keeping your Money Secure

QROPS SafetyKeeping your Money Secure

When devising a retirement strategy, British expats are now looking to a Qualifying Recognised Overseas Pension Scheme (QROPS) as an integral aspect of any future planning. Perhaps one of the biggest fears amongst expats in terms of financial scenarios must surely be the threat of falling victim to a scam. While a QROPS is no […]

Financial Considerations for Expats in Shanghai

Financial Considerations for Expats in Shanghai

Shanghai has an expat population of over 175,000 – a figure which is currently rising by seven percent annually – and is perhaps the most metropolitan city in China. The municipality has quickly become a major financial centre, and is extremely influential on a global scale within industries such as e-commerce, media, technology, transport, fashion, […]

Wanted! Expats To Boost Middle East Talent Pool

Wanted! Expats To Boost Middle East Talent Pool

Companies are calling on expats with professional skills to fill roles in major forthcoming international events in the Middle East. Local companies lack the experience to manage the huge Expo 2020 in Dubai and the FIFA World Cup Finals 2022 in Qatar and need to bring in professional expats to boost their executive teams. Both […]