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Expat Network Newsletter – January 2022

Welcome to Expat Network’s first newsletter of 2022. We wish you a Happy New Year and we can all only hope that it is a better year and that we finally free ourselves from the restrictions we have had to endure due to the pandemic!

Expat Network’s Finance, For Expats webinar series continues this month. The series aims to help expats to manage their finances while living and working abroad. Find out more and book your place. You can also see recordings of the webinars you missed in December.

Kidnap remains a risk for those travelling to and working in different parts of the world. How can you manage that risk?

Covid continues to impact expat lives and Aetna have seen an increased focus on inclusion in employee benefits packages as a result. There has also been an increase in the popularity of workcations. We look at the most popular in Europe.

We also have some guidance for entrepreneurs setting up a business abroad and a look at technologies that are useful for expats.

Finance For Expats Webinar Series

Expat Network’s webinar series, Finance For Expats, began in November and continues this month. These webinars aim to take you through the opportunities and issues that need to be addressed by people planning to or currently living and working abroad. The first three webinars have taken place and if you missed them the recordings are available to view:

• Effective Wealth Management As An Expat – Holborn Assets

• Spain's Golden Visa - Investing in Property To Gain Residence Rights in Spain - TBB Realestate and Rebeca Lino, DLD Abogados

• Investing in UK Property for Expats - Holborn Assets

The next webinars in the series (with more to be added shortly) are as follows:

• Retiring to Europe - Blevins Franks - 18/1/2022 at 10am (GMT)

• Portugal's Non Habitual Residence Scheme - Low and zero tax options for investment and pension income - Blevins Franks and Property Finder Portugal - 20/1/2022 at 10am (GMT)

• Financial Planning For British Expats in the US - Alexander Beard - 25/1/2022 at 10am (GMT)

• Financial Planning For US Expats Living Outside The US - Alexander Beard - 27/1/2022 at 10am (GMT)

Follow this link to see more details.

The Importance Of Kidnap And Ransom Insurance

Have you ever wondered what to do if you are suddenly kidnapped? If not, what about the importance of kidnap and ransom (K&R) insurance? In reality, the experience can be beyond terrifying, and the risk is a lot higher if you are a top executive or high-profile employee working in a kidnap-prone region of the globe.

Covid-19 Impacts Expat Attitudes To Employer Benefits Package

A study from Aetna International shows that expats in key global markets are becoming more attentive about the inclusions in their employer benefits package. Over 9 in 10 (92%) survey respondents felt that having an employer benefits package was more important now than pre-pandemic. Over a third of expats (36%) admitted valuing their benefits package more as a direct result of needing to use it during the Covid-19 pandemic.

Top 10 Places In Europe Perfect For A Workcation

Since the pandemic started, more and more people are working from home. According to statistics, 60% of the UK’s adult population currently works from home, and 26% of Brits plan to continue working from home permanently or occasionally. Working from home is great for work-life balance, but you can very quickly become bored of your surroundings. So, maybe it’s time to pack up the home office and take yourself on a workcation.

Expat Entrepreneurs: Tips for Starting a Business Abroad in 2022

Starting a business abroad as an expat has a world of advantages, but the process is a difficult one. The resources and educational opportunities available are far less accessible than they are in your home country. On top of this, you have the added challenge of starting and running a business in a foreign country where you may not know the culture, language, or economy.

8 Technologies That Make The Life Of An Expat Easier

Expats are faced with several challenges and there is an emotional pain that can come with it. It can be difficult for some to make friends and build new relationships in their new environment. Barriers in language and adjusting to different business cultures can pose more problems. However, technology is always available to bail anyone out of boredom, loneliness, and other issues needing attention. Here are some technologies that can make life easier for expats.

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