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News Tagged ‘living abroad’

Expat pensions ’should be a general election issue’

Expat pensions ’should be a general election issue’

22/02/2010
UK citizens are being called on to back a campaign to make expat pensions an issue in the upcoming general election.

The Daily Express reports that current regulations mean that some expats are living abroad on a pension as small as £6 per week. The report quotes figures which suggest as many as 540,000 expats are being denied their full benefit because of their country of residence. Read moreRead more
Taxation havens for Brits who ‘cut ties with Britain’

Taxation havens for Brits who ‘cut ties with Britain’

18/02/2010
Britons who cut their ties with Britain are still entitled to become tax exiles, the UK Appeal Court decided.

Despite existing rules stating those who spend less than 91 days a year are eligible to become non-residents for tax purposes, you must show that you have actually left the country. Read moreRead more
Best medical insurer for Brits working abroad revealed

Best medical insurer for Brits working abroad revealed

12/02/2010
Bupa has been named as the best medical insurance provider for people living abroad by Investment International.

The publication gave Bupa the accolade, which was decided by a public vote for the first time this year. Read moreRead more
Pre-retirees moving abroad face increasing debt levels

Pre-retirees moving abroad face increasing debt levels

10/02/2010
Brits nearing retirement could have their plans of moving abroad hampered by increasing levels of debt, according to a new figures.

A study by the insurance firm Aviva found that 20 per cent of people in the 55 to 64 age group still have over £75,000 to pay on their mortgage and 40 per cent have no savings. Read moreRead more
More pensioners ‘investing in offshore destinations’

More pensioners ‘investing in offshore destinations’

10/02/2010
More expat retirees are choosing to move their pensions offshore to avoid paying UK tax, according to the Independent.

The newspaper reports that following the passing of the Qualifying Registered Overseas Pension Scheme (QROPS) in 2006, many older British citizens who have been living abroad for a long period of time are choosing to place their pensions in offshore finance destinations. Read moreRead more
Brits working abroad ‘not provided with adequate health cover’

Brits working abroad ‘not provided with adequate health cover’

08/02/2010
Employees working abroad are often not being given adequate insurance cover by the companies they work for, according to a new report.

International healthcare and insurance firm PMI Global found that 20 per cent of firms are failing to provide the correct health insurance to workers living abroad for a prolonged period of time. Read moreRead more
Tax increase could affect UK property owners living abroad

Tax increase could affect UK property owners living abroad

29/01/2010
Brits living abroad are being warned that increases in capital gains taxes could mean they do not receive as much money from a UK property sale as expected. Read moreRead more
Students living abroad given scholarship opportunity

Students living abroad given scholarship opportunity

29/01/2010
Students who are living abroad are being given the chance to use their knowledge of another country to apply for a scholarship.

Young people of any nationality are being urged to apply for the Clements International Expat Youth Scholarship. Entrants can be of any nationality and must have been living abroad for at least two years. Read moreRead more
Sending packages home is now cheaper for Brits living abroad

Sending packages home is now cheaper for Brits living abroad

06/01/2010
Brits living abroad in non European countries will now be able to send higher value gifts back home without paying as much tax.

New rules, which came into force on January 3rd, mean that the allowances for those travelling to the UK from non European Union countries have increased. Read moreRead more
NHS under pressure from foreign nationals living abroad in the UK

NHS under pressure from foreign nationals living abroad in the UK

22/12/2009
The NHS has seen a 50 per cent increase in the number of registrations from migrants moving abroad to the UK, according to new figures from the Office of National Statistics. Read moreRead more
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