|
|
|
|
|
|
|
Expat Money Newsletter – March 2021
Welcome to Expat Network’s
March 2021 Money Newsletter
We have seen Sterling strengthen and Currency Index give their monthly update on the forex market.
As the tax season gets underway H&R Block look at four things for US expats to know at tax time. We also look at five financial considerations for those planning to move to the US.
With travel expected to be possible again as the vaccination programme progresses
we
look
at visa the options for those planning to move to the sun.
We look at visa the options for those planning to move to the sun. Spain and Portugal have different visa options for Brits now that the UK is fully out of the EU. Both Spain and Portugal have options for any non-EU citizens (including Brits) with sufficient income to support themselves to live in or retire to those countries. They also have Golden Visas which provide a path to residence and potentially citizenship for those able to invest in property. We explain the rules and requirements and how to apply.
We also look at credit reports and how often you should check them given the increase in hacking.
|
|
|
|
|
|
|
Covid Pandemic Dominates Global Currency Markets
As we move into the Spring, the world is still gripped by the Covid pandemic and therefore the global currency markets are still fairly static, with only fairly modest movement amongst any of the major currencies. Currency Index give their monthly update on the global currency markets.
|
|
|
|
|
4 Things For U.S. Expats To Know At Tax Time
The pandemic has changed nearly every American’s life, including U.S. expats, and while these changes could impact their 2020 taxes, with changes to international travel and residency, U.S. expats may have different considerations to take into account than their friends and family back in the U.S. Here are four things you should know about your 2020 U.S. expat taxes.
|
|
|
5 Financial Considerations If You’re Relocating To The US
Are you moving to the United States? Navigating an international relocation is certainly no simple task, especially if you’re moving for work and need to move by a certain deadline. Not to mention, balancing your work responsibilities alongside the complexities of an international move can be difficult to manage.
|
|
|
The New Rules For Brits Moving To Spain
The UK has now left the EU and any Brits moving to Spain no longer have the right to remain in Spain and enjoy the same rights to healthcare and other benefits as they did while the UK was a member of the EU. What are the new rules and can you still live and retire to Spain?
|
|
|
Spain’s Non-Lucrative Visa: A Good Option For Those Retiring To Spain
Spain’s Non-Lucrative Visa allows non-EU citizens to live in Spain provided they are able to support themselves financially. It is used by those planning to retire to Spain and is an option for British retirees and other people who do not plan to work in Spain now that the UK is no longer a member of the EU.
|
|
|
Spain’s Golden Visa – An Option To Gain Residence In Spain
Spain’s Golden Visa is a residence visa available to Non-EU citizens (including British citizens now) who make a significant investment in Spain. The most common way is to invest €500,000 in property but there are other options if you have more to invest. What are the requirements and benefits of this visa?
|
|
|
Options For Brits Moving To Portugal Post-Brexit
The UK is no longer a member of the EU and any Brits moving to Portugal post-Brexit no longer have the right to remain in Portugal and enjoy the rights to healthcare and other benefits that were available when the UK was a member of the EU. What are the new rules and can you still live and retire to Portugal?
|
|
|
A Guide to Portugal’s Golden Visa
Portugal’s Golden Visa provides an option for foreign investors from non-EU countries to obtain residence in Portugal. This allows the investor to enter and/or live in Portugal and to travel freely within the Schengen Zone. What are the requirements and benefits?
|
|
|
Use Portugal’s Passive Income Visa To Retire To The Sun
For those wanting to retire to the sun Portugal offers a great quality of life, a low cost of living as well as the attractive Non-Habitual Residence Scheme to reduce the taxes due on your overseas pension or other income. Portugal’s Passive Income Visa gives non-EU citizens an option to gain residence in Portugal.
|
|
|
Save Tax With Portugal’s Non-Habitual Resident Scheme
Portugal’s Non-Habitual Resident scheme (NHR), which was introduced in 2009 and updated in 2020, is a tax regime offering foreign residents and investors reduced tax rates and exemptions on some taxes for their first ten years of residence. It is a great opportunity to retire to the sun and pay little or no tax on your foreign sourced income.
|
|
|
Credit Reports and Credit Scores: How Often Should You Check Them?
Personal data can easily be breached by hackers nowadays. For this reason, it makes a lot of sense to frequently check your credit information to ensure that all of the details are accurate and that a third party is not using them without your knowledge.
|
|
|
UK Self Assessment – 2020 In Review And What We Can Expect In 2021
As the pandemic continues to impact our way of life, it’s never been so important to manage finances and plan ahead. Understanding the latest tax changes and how they will affect you can be hard to get your head around, especially with everything going on.
|
|
|
Expat Network's online Service Directories includes companies to assist with your life overseas. This month we profile:
|
|
Expat Mortgages UK
We provide a comprehensive range of mortgage services to Expats & Foreign property investors and residents. As a whole-of-market specialist mortgage broker, we have access to all Lenders and products available, to find the best solution for our clients.
|
|
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.
|
|
William Russell
International insurance for people living & working abroad We’re an expat health insurance provider taking a different approach to insurance.
|
|
One SimCard
OneSimCard – Stay in Touch OneSimCard is an international roaming SIM card which provides quality low-cost mobile phone and data service in over 200 countries.
|
|
Interstaff
Three decades of Australian migration experience Interstaff are global immigration agents assisting people all over the world with the process to travel or migrate to Australia for temporary work or permanent residence.
|
|
MoneyTransfers.com
At MoneyTransfers.com, our top priority is guaranteeing our customers get the very best deal when sending and receiving funds.
|
|
DGLegacy
Many expats have assets such as bank accounts, pension funds, life insurances, and real estate in multiple countries. DGLegacy is a digital inheritance and asset protection service.
|
|
1040 Abroad
File your US Taxes in 3 Easy Steps. We Have Been Rated Five Stars by our Happy Clients. Online U.S. Tax Preparation for Americans Abroad. Flat Fee. Simple Filing Process.
|
|
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.
|
|
|
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.
|
|
|
|
|
|
