Expat Focus Financial Update March 2024
HMRC Complains About ‘Stealth Expats’ Although there has been a steep decline recently in the number of expats contacting HMRC with news of their move out of the UK, tax experts remain sceptical. The volume of P85 forms received by HMRC in 2019-2023 (these tell the tax authorities that someone has left the country for … Read more
Expat Focus International Healthcare Update March 2024
Further Developments in the Nolotil Scandal Spain’s High Court has agreed to hear a lawsuit brought by campaigners on behalf of families bereaved by the controversial analgesic Nolotil. We’ve reported on this extensively in recent months, following the deaths of a number of British and Irish expats. At the end of last year, a lawsuit … Read more
Am I Still UK Tax Resident?
by Megan Tarr, Writer at Global Expatriate Tax Services (GETS). GETS is the official Expat Focus UK Taxation partner and is available toanswer readers’ UK tax questions. Have you recently moved abroad from the UK, perhaps to the United States? Or the Middle East? You may now be wondering: ‘am I still a UK tax … Read more
The Most Popular And Most Affordable Places To Buy Property In France
France, with its rich cultural heritage, excellent quality of life and diverse landscapes, has long been a favoured destination for expats looking to purchase property. From the rustic charm of Provence to the chic boulevards of Paris, France offers a range of hotspots that cater to different lifestyles and budgets. Let’s look at the current … Read more
Expat Focus International Healthcare Update February 2024
InterNations: Expat Age Report As part of the annual Expat Insider survey, InterNations has recently released statistics relating to the average age of expats in 2023. The highest percentage – 18% – consists of expats over the age of 61, with those aged 36-40 in the next bracket at 14% (the average age of an … Read more
Expat Focus Financial Update February 2024
New ISA for Expats Investment and wealth management platform, Novia Global, announced at the end of January that it will be offering a new ISA to expats, particularly Brits in a state of ‘suspended animation’ with their current ISAs who are unable to add any funds to their existing schemes. The new product will not … Read more
What Do The 2024 US Elections Mean For Expats Moving To The USA?
As the 2024 elections approach, expats thinking about moving to the U.S. are keeping a close eye on how the results might affect them.Let’s look at some of the implications of a new administration on immigration, taxation and finance for expats. Visas and Green Cards Historically, the approach to immigration and the ease of obtaining … Read more
Expats Buying Property In London: Five Emerging Neighbourhoods
London, a city with a rich history and constantly-evolving landscape, has always been a magnet for expats from around the globe. In recent years, several neighbourhoods have emerged as particularly enticing for property buyers, thanks to new developments, enhanced travel routes, and unique local features. Let’s look at five of these neighbourhoods and why they … Read more
Expat Focus Financial Update January 2024
Finland: Changes to Schengen Visa Regulations Finland has recently increased the minimum daily amount that you will need to remain in the country under a Schengen visa, from €30 to €50. You’ll also need a sponsorship form if you’ve been invited to Finland, and if your expenses will be covered by the organisation or person … Read more
Expat Focus International Healthcare Update January 2024
Germany’s Health Insurance Costs to Rise in 2024 If you’re a resident in Germany, your health insurance costs (Zusatzbeitrag)will be rising by 0.1% in 2024 to a maximum of 1.7%, split equally between yourself and your employer. The rise will allow patients to access medical care which is not currently covered by statutory health insurance, … Read more