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Expat Network Newsletter – December 2022

Welcome to Expat Network’s December newsletter.

We start this month’s newsletter with a seasonal piece about staying connected with family over the holiday season and another about how to stay connected using VOiP.

We have an amusing article about strange items banned in different places abroad and one about how climate change could make some travel spots disappear forever.

Have you considered setting up a brewery, here are three award-winning breweries to give you the lead.

We are planning to hold a new webinar series at the end of January for those planning to retire to Europe. Find out more and register to attend.

UK mortgage rates rose following the disastrous mini-budget but expats can now get rates below 5%.

Looking at visa options younger people wishing to travel can consider working holiday visas available in many places around the world or what about New Zealand’s e-visa.

We then have a couple of articles about tax for UK expats covering the impact of Making Tax Digital on UK expats and Non-Doms and another on dealing with back taxes in the U.S.

Wealthy immigrants able to invest in the U.S. can take advantage of an EB-5 visa but what is the impact of new rules.

For those looking to retire abroad we have an article on the best places to retire and another considering the challenges of retiring abroad.

For digital nomads we have a guide to moving frequently and another giving things to consider when travelling alone.

The Expat Network Team

Staying Connected With Family During the Holidays

Moving abroad and becoming an expat is a bold move, mixed with excitement and worries. Plus, if you’re moving the entire family away from parents, siblings, and friends, the experience often has a bitter-sweet taste. What are the options for staying connected during the holidays?

How VoIP Helps Expats Stay Connected With Family Abroad

If you live overseas, maintaining relationships with the loved ones you leave back home can be tricky. Although with the help of modern VoIP technology, it’s actually a lot easier for expats to keep in touch. So what is this type of telephone service exactly, and how can it benefit people who want to strengthen family bonds no matter where they’re based worldwide?

10 Surprising And Strange Items That Are Banned Abroad

Travellers and prospective expats have been urged to double-check their luggage before jetting abroad in case they’ve packed an item that is banned in their destination country. have revealed 10 strange items that are banned in countries around the world – from baby walkers and chewing gum to flip flops and even vapes.

Retire Abroad Virtual Roadshow

We are holding a webinar series for those planning to retire to Europe covering all the practicalities of retiring to Europe, a session on buying property safely in Europe and another on financial planning when retiring to Europe. We also have individual detailed sessions covering Spain, Portugal and France. Find out more and register for the webinars.

Travel Spots To Visit Before They Disappear Forever!

The impact of climate change on the planet is becoming ever more present as time goes on and with sea levels predicted to rise between 10 and 100 centimetres in the next 80 years or so, it’s only a matter of time before some of the most beautiful places in the world become submerged under water.

3 Award-Winning Small Breweries Around the World (Plus How to Start Your Own Brewery)

If you are considering beginning your own brewery, check out these three award-winning small breweries from around the world for inspiration and the following tips on how to start your own brewery.

The NZeTA: Which Conditions Do I Need To Meet?

A visa is necessary to enter New Zealand, but the exact type of visa you need largely depends on the length and purpose of your visit. If you are travelling to New Zealand for tourism or business, you can apply for a NZeTA. But what exactly does the New Zealand e-visa entail and what conditions do you have to meet?

How Will Making Tax Digital Affect Non-UK Residents And Non-Doms?

The next stage in the rollout of Making Tax Digital (MTD) will be MTD for Income Tax, which will be introduced in 2024. This will transform the way that self-employed people and landlords pay their taxes in the future. How should you report foreign sources of income, and how are you affected if you’re a non-UK resident or a non-dom? Keep reading this helpful guide to learn more about MTD for Income Tax Self-Assessment.

How U.K. Expats Deal With Back Taxes In The US?

U.K. expats living in the U.S. must deal with the same tax obligations as any American citizen, regardless of whether they reside in the country permanently or temporarily. The IRS taxes U.S.-source income for all taxpayers who have established a “tax residence” in the United States and requires that expats file a tax return every year. In addition to filing regular U.S. income taxes, expats may also need to pay back taxes owed for previous years when they failed to file or did not owe any money in prior years but underreported their income.

What The Revised EB-5 Rules Mean For Expat Investors?

Since the early-90s, the EB-5 Immigrant Investor Program has been the mode of choice for wealthy individuals and their families the world over to experience the sweet taste of American freedom and prosperity. Early this year, the EB-5 Reform and Integrity Act once again reaffirmed the United State’s commitment to attracting foreign capital, along with investors and entrepreneurs to its massive shores.

Revealed: The World’s Best Countries To Retire

Globally, the population is ageing, with more people than ever before reaching retirement age and asking themselves: where should I retire? To help answer this, Wise has pulled together a ranking of the best countries to retire in, taking into account the cost of living, population over 65, healthcare, quality of life, climate and happiness.

An Expat’s Retirement – Double The Challenge

Retirement is like a bereavement. Overnight you lose your title, identity, network of colleagues and sense of purpose. Like a bereavement, many go through a stark emotional time. Add leaving a country into the mix, and an expat’s retirement can involve a more challenging time than most.

Digital Nomad’s Guide To Moving Frequently

At first glance, living as a digital nomad looks like the easygoing lifestyle of dreams. The excitement of traveling and seeing the world usually draws people in. It’s a chance to build your career while also seeking personal development. The prospect of working remotely around the world is usually good for reducing boredom in the lives of thrill seekers.

11 Things To Know Before Traveling Alone

Traveling alone can be rewarding, but it can also be scary. There are many benefits to traveling alone. Not only will you not have to deal with trying to accommodate someone else and their wishes, but you can learn a lot about yourself by doing more things alone. For example, even something like finding your way around a new town can help you learn that you’re self-sufficient.

5 Year Fixed Expat Buy To Let Mortgages Fall Below 5%

Interest rates on five year fixed rate expat buy to let mortgages have now dropped to below 5%, according to brokers This follows a period when rates peaked at over 6%, following the UK Government’s mini budget, which triggered a round of interest rate volatility.

Live In A Country In EU Or Other Continents With A Working Holiday Visa

Have you ever heard about the Working Holiday Visa? This Visa is the main reason behind all the gap years taken. But… what is it? A Working Holiday Visa (WHV) is a visa that allows you to work and travel in a foreign country. And there’s no better way of getting to know a country than doing both.

Capital Consulting

Expat Network's online Service Directories includes companies to assist with your life overseas. This month we profile:

British Corner Shop

British Corner Shop is the online supermarket for British Expats and British food lovers around the world.

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.

Crown Relocations

Crown Relocations provides transportation, destination and immigration services, as well as family support, to assist people relocating internationally.

Cambridge Home School Online

CHS is the most established selective over-subscribed online independent school based in Cambridge UK.

Montgomery International School Brussels

The Montgomery International School Brussels is a fully accredited IB school (PYP - MYP - DP) right in the center of Brussels, a short walk from the European Commission, NATO and various business centers.

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.

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