Dubai Risking Another Property Bubble?

Dubai Risking Another Property Bubble

Dubai rents soared by more than 20% in the past year and the city could be facing another property bubble, warns the latest residential review from industry experts. Apartments were the high fliers, recording a 21% increase year-on-year, while villas showed a 10% increase. However, although rents have shown a significant increase over the year, […]

Week in Expat Money Matters July 20 – July 27 2014

Below is what happened in a week in Expats Finances, as reported on iExpats and from other places across the web. From iExpats.com: Pension Cash Boost for Car and Holiday Sales Figures show that one in five retirement savers plan to spend their entire pension on a luxury item if they are able to withdraw […]

Looking After Your Stake In A SEIS Company

Looking-After-Your-Stake-In-A-SEIS-Company

You want to invest in a Seed Enterprise Investment Scheme (SEIS) because of the generous tax breaks, but finding the right start-up is a little like walking through a minefield. SEIS is government-backed investment scheme that lets investors pump up to £100,000 in cash into a new company in a tax year. In return, the […]

Funding Options For Start-Up Businesses

Funding-Options-For-Start-Up-Businesses

Entrepreneurs looking to finance their ideas and set up a new business can check out their funding options in a new guide. Published by the government-backed British Business Bank and Institute of Chartered Accountants for England and Wales (ICAEW), the guide walks entrepreneurs step-by-step through their options from start-up to listing on the stock exchange. […]

Expats Not Exempt From UK Pension Tax

Filling the Tax Form

Expats with pensions from the UK who are under the assumption that they will be able to cash them in tax free as soon as next April comes along, are sadly deluded according to pension analysts. While it is true that at first glance, the new rules announced in the April Budget2014 appear to offer […]

QROPS Tracker – July 15, 2014

QROPS Tracker

Qualifying Recognised Overseas Pension Scheme (QROPS) providers have added new offshore pensions at the rate of at least two every day for the past year despite the third ever largest mass suspension hitting the industry. Although 118 QROPS were delisted by HM Revenue & Customs (HMRC) on the publication of the last list on July […]

What To Look For In A Crowdfund Investment

What To Look For In A Crowdfund Investment

Crowdfunding is a new buzzword among investors, but few understand how to look at opportunities that are likely to fly and waste time pledging cash to no-hope projects. Picking the right crowdfunding deal is hard work and many investors do not understand how the process works. The plain truth is most crowdfunding projects do not […]

Central Banks May Undermine Long Term Investment

Central Banks May Undermine Long Term Investment

Central bank policies in developed economies are failing to inspire investors who are looking to emerging markets for more robust long-term returns, says an industry expert. Jan Dehn, head of research at investment firm Ashmore cites US Federal Reserve chair Janet Yellen stating she would not raise interest rates to control bubbles and the European […]

Alternative Investments – Options For Collectors

Alternative Investments – Options For Collectors

Low interest rates and poor returns on traditional investments are spurring some investors with a taste for risk to put their cash into alternative investments. Alternative investments is a term covering a multitude of assets – but the most popular are classic cars, stamps, wine and coins. However, alternative investments come with risk because they […]

118 QROPS Suspended By HMRC

118 QROPS Suspended By HMRC

More than 118 pensions are missing off the latest Qualifying Recognised Overseas Pension Scheme (QROPS) official list. Published on July 15, 2014, the list shows 99 Australia QROPS; 15 from India; three from Canada and one from Mauritius are no longer accepting transfers in. HM Revenue & Customs (HMRC), which publishes the list, declines to […]

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 […]