Expats Finding Love On Their Travels

Expats Finding Love On Their Travels

British expats are finding romance as well as a new life when they move abroad, according to a survey. Half of British expats told researchers for HSBC’s latest Expat Explorer survey that they ended up falling in love with a new partner on their travels. The study also found finding love was an unexpected bonus for expats from other countries as well. Top of the list came the romantic Italians, with 57% of expats falling in love with … MUST READ

Call For Tighter Regulation Of Virtual Currency Vaults

Call For Tighter Regulation Of Virtual Currency Vaults

The Bank of England is warning that virtual currencies could pose a serious threat to financial stability if their growing popularity leads to a mainstream take-up in Britain. As a result, the bank is urging regulators and the government to develop policies for managing the currencies, such as … MUST READ

Couples Spend Too Little Time Talking About Money

Couples Don’t Too Little Time Talking About Money

Half of couples over the age of 40 have failed to make any financial provision for their partners should they die, according to a new survey. Only 42% of couples aged over 40 have arranged their financial affairs to make sure their partner continues to receive an income should they die. Sadly, … MUST READ

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Golden Visa Corruption Probe

Golden Visa Corruption Probe

Detectives have interviewed Portugal’s immigration and border service chief about alleged corruption over the country’s ‘golden visa’ scheme. The controversial golden visa scheme offers residence papers to wealthy individuals from outside the European Union. Police say Manuel Palos was … [Read more...]

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Pull Together To Beat Stagnation, Warns OECD

Pull Together To Beat Stagnation, Warns OECD

Global leaders heard that the world economy is still sluggish but will slowly pull clear of the doldrums if governments commit to the right policies at the latest summit of G20 ministers. One of the main problems is no one fits all solution is available as different regions and countries are … [Read more...]

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Soaring Rents Force Dubai Expats To Relocate

Soaring Rents Force Dubai Expats To Relocate

Rents are becoming so expensive in Dubai that two thirds of tenants plan to move home when their lease is next renewed to save money. Around 85% of tenants said their rent had increased this year and that the cost of renting a home was becoming too much for them. Landlords increased rents by … [Read more...]

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Scammer Alert – Don’t Trust Caller ID

Scammer Alert – Don’t Trust Caller ID

The numbers up for fraudsters spoofing telephone caller ID to trick victims into believing they are talking to someone from an organisation they know and trust. Sophisticated technology allows crooks to manipulate numbers on telephones displaying caller ID and sending false identity details down … [Read more...]

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British Expats Shun Making Friends With Locals

British Expats Shun Making Friends With Locals

British expats do not mix well with the locals or other expats once they move overseas, according to a new survey. The British reputation for reserve means many stick with their expat friends from home. One in 10 confess they rarely make friends with any other nationalities and another third … [Read more...]

Tax

French Tax Crack Down On British Expat Investments

French Tax Crack Down On British Expat Investments

British expats in France are facing a tax crack down on their savings and investments back home. The French tax man is chasing expats for failing to declare their interest and earnings from savings and investments. And expats are being warned that their offshore financial affairs will soon be … [Read more...]

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FATCA Goes Global As 57 Nations Sign New Treaty

FATCA Goes Global As 57 Nations Sign New Treaty

The US Foreign Account Tax Compliance Act (FATCA) has gone global triggering more than 50 nations signed up to a tax information swapping network. In an historic accord, each nation has built up on the foundations of FATCA to build a global database of bank and investment information, interest … [Read more...]