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American expats face major tax penalties
The US has imposed steep penalties on expats who fail to report their overseas assets. 2011 is drawing to a close and with it the tax year. In keeping with the seasonal spirit, the US government has...
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Guernsey hits back at QROPS critics
Expats could lose Guernsey as a QROPS destination. Guernsey is being unfairly targeted by UK taxmen and the press, claims Peter Niven, Chief Executive of Guernsey Finance. The Channel Island is...
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Chinese income tax for dummies
The website China Briefing has provided expats with a useful income tax primer, courtesy of financial consultants Dezan Shira & Associates. China continues forging ahead with tax reforms, raising...
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Expat finances “dramatically improved” since moving abroad
Many expats have seen their finances improve despite the continuing economic downturn. According to the annual NatWest International Personal Banking Quality of Life Index, expats who relocated to the...
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QROPS shake-up will seriously affect expats
Make sure you're aware of changes to QROPS legislation QROPS (Qualifying Recognised Overseas Pension Schemes) are set to undergo the most radical reforms since they were introduced in 2006. The...
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Property market still buoyant despite Eurozone crisis
Expatriates are still buying in Europe with France and Spain being the most popular for Brits. Despite the ongoing Eurozone crisis expatriates are still intent on buying property in Europe. Spain and...
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Expat guide: What are QROPS?
QROPS are schemes to allow UK expats to transfer their pensions abroad. As a British expatriate you have probably heard of QROPS, particularly if you are retired or nearing retirement. QROPS stands for...
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Is it illegal for US citizens to bank offshore?
Offshore banking is becoming more popular as a way to safeguard money. People often associate offshore banking with shady activity and tax evasion. Many U.S residents believe it is illegal to have an...
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How safe are your savings?
With concerns growing over the Euro, do you know what protection is in place should your bank collapse? With increasing concern over the stability of the Euro, people have been pulling their savings...
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Income tax plans shake up Cayman Island expats
If new plans go ahead the Cayman Islands could see their first income tax introduced, targeting only expats, it’s caused a lot of upset. Last month the Cayman Islands announced what amounts to the...
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