Below are the articles from last week, documenting events from the world of expatriate finance, as reported on iExpats and from other places across the web:
The Chinese Yuan has stalled in popularity despite its initial ent5try into the league table of the world’s most internationally transferred currencies.
A new code of practice has been introduced to stop crooked traders fixing the price of global currency for personal gain.
More financial institutions continue to sign up to the US tax legislation, pledging their commitment to report on the financial activity of all of their US passport holding clients.
There are fears that the appeal of the six member states of the GCC could see their international business appeal become somewhat diluted, amid plans to introduce VAT on goods and services.
The Enterprise Investment Scheme was responsible for over 1.4 billion in funding for some of the UK’s most promising breakthrough businesses, a trend which looks set to continue.
Some information for those residing in the US who have a pension locked into the UK. A solution is available which meets the demands of FATCA and the IRS.
The latest figures according to the most recent HMRC-issued QROPS list.
Exit Checks have now been introduced in the UK to help identify illegal immigrants, on-the-run criminals and terror suspects as they try to make a break for it.
Our latest guide to the current interest rates currently being offered to allow you as an expat, to get the most out of your savings.
Equity crowdfunding is going to be massive in China. You heard it here first. JD.com are in the later stages of developing China’s largest crowdfunding website.
Anyone with a bank account in Jersey who has no place of residence there, could find their accounts closed in the coming months.
There’s many places in the world which are essentially no-go areas for the British. Kenya is one. This is exemplified by the ongoing terror acts the poverty-stricken country is currently witnessing.
Interest rates are steadily going up. Could be time to get the cash out from under the mattress and place it in the hands of a decent institution instead.
Lots of confusion exists as those in financial difficulty wait for some clarity about whether they could possibly use their retirement savings to clear any outstanding debts.
From the Web:
Inheritance tax reform promised in UK election battle – International Adviser