Archive for 2011
Prague may be making a comeback as a hot property market, according to Brett Tudor on The MoveChannel. The country has spent the last ten years building a reputation as a sound investment location, and its performance has outstripped many other former communist bloc countries. In some ways, Tudor writes, the Czech Republic’s communist past […]
If there’s one person with experience in marketing financial services to expats, it’s Guy Stephenson, Director at Nacelle. Having targeted expatriates since 1988, he has worked with many of the big expat brands in the market. In an interview, Guy explains why more than 50% of British expat banks have disappeared in the last decade, and […]
Two Julius Baer Group Ltd. client advisors were charged with helping American customers evade taxes, according to a recent Bloomberg report by David Voreacos and Giles Broom. The pair, Daniela Casadei and Fabio Frazzetto, are charged with conspiring to aid 180 clients in hiding at least USD 600 million from the Internal Revenue Service. American tax […]
Expats rate Singapore as the best country to open a business, followed by Hong Kong and the US. These were the results of the fourth annual NatWest International Personal Banking (IPB) Quality of Life Index. NatWest found expats in Spain, Portugal and France least positive about their business environments. The study, conducted in cooperation with […]
Falling prices and rising demand have made it cheaper to buy than rent property in 45 of Britain’s 50 largest towns and cities. It is now an average 13% more expensive to rent than own, according to research from property search website Zoopla.co.uk. The results were based on a comparison of asking prices and rents […]
The ever-changing nature of global tax and legislative environments has helped drive development in the international trust industry, with clients counting on trusts to transfer wealth between generations. Gone are the days of the one-size-fits all fund–today trusts can be bespoke (earmarked for a particular purpose), multi-jurisdictional and may also include professional protectors and guardians. […]
I currently have the equivalent of USD 3,000 trapped in a current account in Egypt. This is my story, which I tell to illustrate the potential pitfalls when dealing with local banks as an expat. Banking is high on the list of things an expat needs to sort out when moving abroad. He needs an […]
The Spanish government has reduced VAT on new build homes, cutting it from 8% to 4% in an effort to stimulate the country’s struggling housing and construction industries. According to the most recent statistics new home sales in Spain are down 26% compared to last year. Government spokesman Jose Blanco described the measure as “extraordinary” […]
Expats investing in London property could improve their yields by 10% just by researching the market more carefully, found a recent report from Offshoreonline.org. Many overseas buyers look at average figures for the city when making purchases, ignoring critical variances across specific neighborhoods. Expat Wealth spoke to Erica Evans, Director of Expatfindaproperty.com, to get the […]
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