Expat Money Newsletter - April 2019

Welcome to the April Expat Money Newsletter.

This month we are focussing on the current state of the UK property market as the Brexit discussions drag on. Is it an attractive market for expat investment? And how easy is it to get a mortgage as an expat?

We also look at other issues that impact the financial position of expats, including your rights to get a second medical opinion when you have health insurance, and the latest expat savings rates.

We are planning to produce a new guide to retiring abroad and would welcome your input to ensure that it reflects the real experiences and thoughts of those who have already made the move, as well as those still planning their retirement abroad.

The Expat Network Team

expats@expatnetwork.com

UK Property Market Held Back By Brexit

The UK property market is being held back by the uncertainties over Brexit with London and the South East particularly impacted, but what is the picture around the country and what are the prospects going forward.

The latest report from Nationwide shows that UK property market remains subdued with the political turmoil and uncertainties over Brexit the main factor. The Nationwide House Price showed a 0.7% increase over the same month last year and 0.2% higher than last month.

UK Expat Mortgages Are Easier To Find Than You Might Think

One of the key reasons many expats move abroad is to realise their dreams of living a better quality of life and gaining financial independence. By choosing to work in a low tax environment, expats willingly make a choice to live and work away in order to help realise not only their own dreams but also help to promote the dreams and well being of their families and loved ones.

Liquid Expat Mortgages set out the issues around obtaining a mortgage as an expat and what type of mortgage you can get.

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Taxpayer Advocacy Panel – What It Is And Why It Matters

The Taxpayer Advocacy Panel advocates on behalf of US taxpayers to the IRS to identify the issues of importance to them and make recommendations for improving IRS services. Laura Snyder is the only international member of TAP. Here she explains the role and workings of TAP and how taxpayers can contribute.

A Second Medical Opinion And You

A second medical opinion can be important when you receive a diagnosis of a serious condition. Both the accuracy of the diagnosis and the appropriateness of the proposed treatment plan can be reviewed via referral to a second specialist. Pacific Prime set out when and where you will be able to get a second opinion if you have health insurance.

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Retiring Abroad – Share Your Thoughts And Experiences

Many who have worked abroad choose to retire in the area where they have worked or choose somewhere they can enjoy the climate when considering where to spend their retirement. We would like to hear from you about your plans for your retirement or your experiences in retirement.

Best Savings Rates In Expat Banking – April

The best current offering for sterling offshore savers (with notice period) is Standard Bank’s 1.15%, if you have £10,000 and can give 196 days’ notice of withdrawals.

If you can leave your savings untouched for five years, Conister Bank offer 2.40% annually over this period for a £5,000 minimum.

For dollars, Standard Bank pays 1.65% for $10,000 or more, with 196 days’ notice.

Your Free Guide To Living In France

France is one of the most popular destinations for both tourists and expats. France is the fifth largest economy in the world. Over 150,000 Britons and over 100,000 Americans live there. The Expat Network guide is available whether you are working in Paris or one of the other major cities in France, looking to retire to France to enjoy the lifestyle, scenery and climate or simply moving as a digital nomad to work in a different environment.

Don’t Miss Your Latest Jobs Newsletter

Welcome to Expat Network’s March Jobs newsletter. As well as links to some of the many new job opportunities available at Expat Network, we explore some of the many issues affecting your working life as an expat - or would-be expat.

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You will also find expert answers to the most frequently asked expat questions and receive regular news bulletins on contract awards and other expat news. Registration is free of charge and you can unsubscribe at any time.