In the 2016 budget the UK Government announced the introduction of the Lifetime ISA, a scheme through which 18-40 year olds can invest up to £4,000 per year until the age of 50, at which point the Government would add a 25% bonus to the total funds deposited. The Lifetime ISA would be accessed tax-free…
The Institute for Fiscal Studies (IFS) has outlined the wage prospects of UK workers as “dreadful” after Chancellor Philip Hammond’s first Autumn Statement. The IFS states that workers will be worse off financially in 2021 in real terms than they were in 2008, with lower income families to be the worse affected. Paul Johnson, Director…
[vc_row][vc_column][vc_column_text]Across Europe children are bidding farewell to the Summer sun and returning to school for another year, at an even greater financial cost to their parents. For many expats, private fee-paying education is the only safe option to ensure a decent education for their children. A good education is one of the greatest and most…
Mortgage lenders have revealed that British Expats are turning to UK property as a long-term investment tool, according to newly released figures. The figures reveal that British expats are increasing their investment in UK property, particularly in the “buy-to-let” sector, with 40% of investments occurring in London, and 25% in the expensive South-East, the core…
Europe has been ranked as the best place in the world for expatriates seeking career progression whilst retaining great working conditions, according to HSBC’s Expat Explorer survey. The annual survey ranked Switzerland as the best place to work in terms of earnings potential, career progression and working conditions for the second year running, with average…
The UK’s European Commission representative, Jacqueline Minor, has indicated that Scottish independence would not lead to automatic membership of the European Union. Minor outlined a process whereby Scotland would have to join the list of countries already seeking EU Membership, and although the process could be completed quicker than for other applicants, there is no…
A group of UK expatriates have set out their desire for the UK Government to protect their EU Citizenship through production of an “Alternative White Paper”. The expat coalition, including Bremain and Eurocitizens, published the 53 point paper titled “UK Citizens in Europe – Towards an Alternative White Paper”, setting out their concerns over their…
Tuesday saw the first meeting between a junior Brexit minister and 10 British overseas territories in an example of the true complexity of the Brexit process. The overseas territories are seeking to have their priorities delivered amidst fear of losing vital EU access and trading links which could severely damage their economic security. Territories such…
As Austria ranked in the top 10 best countries in which to live and work for expats, Vienna became the European city which has seen the largest influx of high net worth individuals in the past decade. The population of these high net worth individuals has grown by 67% in the last 10 years, faster…
In an attempt to entice wealthy individuals to part with their cash on the Italian peninsular, Italy is set to introduce a set of measures which will allow expats to become residents whilst paying no tax on foreign income for 15 years. It is a move designed to entice disenfranchised Britons seeking to escape from…