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Expat Network Newsletter – March 2023

Welcome to Expat Network’s March newsletter.

In Spain the big news is that agreement has finally been reached for residents to exchange UK licences for Spanish licences without having to take a test.

Focussing on Spain we have articles on the impact of record layoffs n the Spanish technology sector on foreign employees, another setting out how entrepreneurs can obtain residence in Spain and one about potential mistakes when setting up a company in Spain.

For those looking to set up a business abroad we have some tips and tricks.

If you are considering buying property abroad we have some things you should consider and an article from Kyero on the trend they have seen of increased interest in buying property abroad from younger investors driven by the cost of living crisis.

Seekers of a job abroad should consider their LinkedIn profile.

The Expat Network Team

Exchange Of UK Driving Licence For Spanish Driving Licence Agreed

The Spanish Government has finally approved the reciprocal recognition and exchange of driving licenses between Spain and the United Kingdom. The agreement, also establishes the exchange of information on traffic offenses in terms of road safety. This means that holders of a valid UK driving licence can exchange it for a Spanish licence without having to take an additional practical or theoretical test.

Record Technology Layoffs In Spain. What About Foreign Employees?

The technology labour market in Spain is at a time of high demand, with over 120,000 vacancies to be filled according to data from DigitalES (software development, AI, Cloud, cybersecurity, Big Data, are some of the most prominent). Technology companies are still hiring more foreign staff, allowing Spain to consolidate as a digital talent Hub enhanced by a combination of factors such as quality of life, attractiveness for investors and a more favourable regulatory framework with the recent approval of the Startups Law.

Business Immigration In Spain Through Entrepreneurship

There has been a significant increase in business immigration in Spain, especially from foreign entrepreneurs who see in the country an opportunity to create their business driven by the success of digital companies born of small innovate projects (known as startups). This new knowledge-based economy is an important lever for growth and prosperity, as it is based on high valued – added activities at the time promotes research, development, and innovation.

Mistakes To Avoid When Incorporating A Company In Spain

Spain is an attractive country for many foreign companies wishing to establish and expand their business in Europe. However, incorporating a company in Spain can be complex and requires careful planning.

How To Plan A Successful Expat Business: Tips And Tricks

To start a new successful expat business, you need to be prepared to confront and overcome any challenges that might come up and sap your motivation for success. Nevertheless, you should be aware of these obstacles and be informed of how to manage them so that you may continue on the path you’ve already begun.

Things To Consider When Investing In Real Estate As An Expat

Real estate investment is a popular way for expats to invest their money. That’s because investing in real estate can help you grow your wealth, diversify your portfolio and provide a steady income stream over time. It also has some advantages over other types of investments, such as stocks and bonds. However, some unique challenges are associated with investing in a foreign country.

Cost Of Living Crisis Prompts Increase In Young Brits Looking For Property Abroad

New data has shown a 31% increase in young British people (aged 18-24) looking for overseas property in Europe in the last three months of 2022 vs the same period in 2021, as the cost of living crisis in the UK, combined with growing unaffordability of UK housing appears to be prompting more young people to think about moving overseas.

Preparing Your LinkedIn Profile For An International Move

LinkedIn is one of the most important sources of new roles today. When moving abroad it is important to ensure your LinkedIn profile gives the right message. This infographic from Hansen & Company gives top tips on preparing your LinkedIn profile for an international move.

Top 10 Middle East Countries For Expats

The Middle East has long been a popular destination for expats looking for new experiences, job opportunities, and a taste of the region’s rich cultural heritage. With its diverse landscapes, bustling cities, and warm hospitality, the Middle East offers a unique blend of modernity and tradition. In this article, we’ll explore the top ten Middle East countries for expats and what makes them such attractive destinations.

Holidays On the Road: Seven Undiscovered Road Trips In Europe

We all love a getaway. Holidays allow us to unwind, enjoy some much-needed sun and recharge both mentally and physically. Europe is home to a collection of stunning sights and world-famous attractions. But if you’ve already ticked the giants of Venice, Paris, and Barcelona off your must-see list, don’t panic. There are plenty of other gems to unveil and explore across Europe too.

Capital Consulting

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

Kevin Sewell Mortgages

Kevin Sewell Mortgages are independent UK and international mortgage brokers, offering positive solutions to suit the customer’s needs.

Crown Relocations

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

Pet Relocator

At Pet Relocator we have built our outstanding reputation on a genuine love for animals and a desire to help people with the stress that comes with transporting their furry family.

Voyager Insurance

Voyager Insurance Services Ltd. is an Award Winning Travel Insurance provider with a range of dedicated travel products for the Expat community and their families back in the UK.

British Corner Shop

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

HSBC Expat

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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