Following on from the fallout from the Cypriot economic collapse, many
expatriates are extremely concerned about the safety of their financial
position if they decide to remain living abroad in retirement. Countries
like Spain and France – evergreen and universally popular to date
because of undeniable reasons such as their great weather and proximity
to the UK – could be about to suffer from a dearth of British retirees
if general fears about the eurozone’s strength are not successfully
allayed.
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The employment rate rose to 63.7 percent in the March 2013 quarter, up
from 62.7 percent in the December 2012 quarter, Statistics New Zealand
said this week. The unemployment rate fell to 6.2 percent, down from a
revised 6.8 percent last quarter. There were 38,000 more people
employed this quarter – up 1.7 percent. The rise in employment came
mainly from full-time employment and was across a range of industries.
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The latest research carried out by Lloyds TSB International has shown
that more British expats are choosing to transfer their savings out of
Pound Sterling and into local currencies. In September 20112, 26 per
cent of UK expats living in other countries had the majority of their
savings in the British Pound, but this has now dropped to just 13
percent.
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Citizenship and Immigration Canada (CIC) will be accepting applications
to the new and improved Federal Skilled Worker Program (FSWP) as of May
4, 2013. “The government’s number one priority remains jobs,
economic growth and long-term prosperity,” said Citizenship, Immigration
and Multiculturalism Minister Jason Kenney. “Our changes ensure not
only that Canada can select the immigrants most needed by our economy,
but that they are best positioned for success.”
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Lindsay de Feliz was born, raised and educated in the UK, where she worked as a marketing lecturer and was marketing director for various financial service companies. She then decided to follow her dreams and travel the world as a scuba diving instructor, ending up in the Dominican Republic. She fell in love with the country and its people, eventually met and married a Dominican and has been living there for the last 11 years working as a writer, and translator.
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The vast majority of migrants to New Zealand feel they belong to this country, new analysis from Statistics New Zealand shows. New
data tables published this week from the New Zealand General Social Survey
show that 86 percent of migrants (407,000 people) who have been in New
Zealand for more than 12 years say they belong either ‘strongly’ or
‘very strongly’ to New Zealand.
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The Property Market in Australia, according to the latest findings on Property Wire, bottomed out in May 2012 and since then have started to improve. ‘Australian house prices are up 2.8% in the first quarter of 2013’ in every capital city apart from Adelaide and the general feedback from real estate agents is that this is a good time to buy.
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New housing consents continued to rise in Canterbury, reaching 444 in March 2013, Statistics New Zealand said this week. “Across
the Canterbury region, the number of new houses consented reached a
six-year high,” industry and labour statistics manager Blair Cardno
said. “Both Waimakariri and Selwyn districts each broke records
with their highest monthly totals since the series began in April 1990.”
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The British Foreign and Commonwealth Office (FCO) is abolishing its
LOCATE system because fewer than 1% of British nationals registered with
it. Instead they are introducing a new approach to alerting British
expats living abroad should the need arise. Many British
expatriates didn’t even know that there was a system whereby they could
register their details with the FCO via their new host nation’s embassy
for example.
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Well! It is five years since we left the UK for Australia. Leaving all
our family behind on both sides, we took this adventure on with open
eyes. Although I believe that having extended family here in Australia
gave us an advantage (even though a small one) on making this move
successful. My Husband and I came over with our 3 children, who
were 6, 10 and 12 at the time.
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The introduction of new overseas pension rules for British expats has
meant the estimated one million Britons currently living abroad have
been able to enjoy more of their hard-earned retirement funds. Why?
Well, they transferred their UK-based pensions to foreign jurisdictions.
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