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Expat Money Newsletter – January 2021
Welcome to Expat Network’s first Money Newsletter of 2021. After an incredibly difficult year we are all hoping that 2021 will be better. The pandemic will continue to impact travel for some time to come and we can only hope that widespread vaccination programmes will have an impact and free up the ability to travel more freely.
With the world in continuing turmoil due to the pandemic, the extraordinary events in the US and the early experience of the post-Brexit world the foreign exchange markets have many influences.
The stamp duty holiday
in the UK ends in March, but what has been its impact and what is likely to happen after it ends? One Touch Investment set out their expectations.
As people look to buy abroad, mortgages for the over 60s can be difficult to obtain. Simon Conn looks at how different countries treat older buyers.
We also look at retirement to Florida and the prospects in 2021 for the property market in Spain.
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Foreign Exchange Markets Suffer Brexit Anti-Climax
The last month on the currency markets has mainly been summed up by two words “anticipation” and “anti-climax”. The three dominating events – the Brexit Deadline, the US Presidential Election and Covid, were still the driving forces behind market movements and so the major currencies keenly anticipated the outcomes of these highly important events. Currency Index give their update on the forex market.
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The Pros And Cons Of The Stamp Duty Holiday
The stamp duty holiday granted by the Chancellor in
the UK in July 2020 ends in March 2021. Here One Touch Investment look in depth at the impact this has had on the buy to let market and what is likely to happen after the stamp duty holiday ends.
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How Do Different Countries Treat Mortgages For Over 60s?
With the current economic turmoil due to both Brexit and Covid-19, many UK mortgage brokers have continued to be accused of being ‘ageist’. Mortgages for Over 60s can be difficult to obtain. This is because many are lowering their maximum age limits on traditional mortgage lending for an older borrower from 80/85 to an upper age limit of 70 years.
Simon Conn, overseas mortgage expert, has shared his comparison for how the over 60s are currently treated in popular overseas destinations including Spain, USA, France, Switzerland, and Turkey.
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What Are The Prospects For The Spanish Property Market In 2021?
The pandemic has impacted every aspect of our lives including many people’s plans for moving abroad. As a result and due to the impact of the pandemic on the Spanish economy the Spanish property market has been through a difficult time in 2020. As we come out of the crisis what are the prospects for the Spanish property market in 2021?
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Expat Guide to Retiring in Florida
If you are a retiree or plan on retiring soon, you must have thought about moving to another country and spending your days surrounded by fantastic nature and beautiful landscapes. You may have considered Florida as a possible destination where you can live your best life and live surrounded by palm trees, eternal sunshine, beaches, and good vibes. The Sunshine State is one of the most sought after retirement destinations in the US and here is a short expat guide to retiring in Florida.
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Expat Network's online Service Directories includes companies to assist with your life overseas. This month we profile:
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International Citizens Insurance
Find the best expat international health insurance plan for your budget and needs. We are independent brokers and will help you understand the various plan and provider options.
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Standard Bank
Considering a move overseas? Relocating to anywhere else around the world will always be stressful. What shouldn’t be stressful is deciding how you’re going to manage your finances once you’ve settled in Which is why you should consider a Standard Bank International account.
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Mortgage Direct
We are Spain’s leading independent mortgage broker - established since 2006 Mortgage Direct has become the leading independent mortgage broker in Spain, as confirmed by the main lenders.
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Jasper
Relocating to the U.S. and worried about getting a credit card without any local credit history? Jasper is a revolutionary credit card offering premium Mastercards to relocating professionals to the US.
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HSBC
Why you should open a bank account with HSBC Expat An expat bank account provides the convenience of managing and growing your money in a central location.
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Currency Index
Currency Index is a regulated currency exchange and international payments provider, specialising in helping Expats manage their currency requirements.
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Don’t Miss Your Latest Jobs Newsletter
As well as links to some of the new job opportunities available at
www.expatnetwork.com, we explore some of the many issues affecting your working life as an expat - or would-be expat.
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Remember To Register!
Sign up for free at the Expat Network to enjoy the following benefits: access the latest overseas jobs; get help with writing winning CVs and social media profiles; and upload your CV so that our unique network of recruiters and employers can find you.
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.
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