Flying Doctor Scheme Set To Land In The UK

A new contender is lining up to join the fiercely competitive international health insurance market The aim is to let patients seek second medical opinions from leading experts and treatment anywhere in the world The ground-breaking product from medical second opinion service, Best Doctors, is now gearing up for a UK launch. It’s already up [...]

Problems Stack Up For Popular Shoebox Homes

Growing interest in ‘shoebox’ homes could help not so well off buyers get a toe hold in the property market in some Asia Pacific countries with rocketing home prices. More popularly known as capsules, the homes are already popular in China and Japan. Now, the government in Singapore has already moved against developers trying to [...]

EIS Breaks Records As Firms Seek Private Backers

A growing number of small businesses are looking for private backers under the Enterprise Investment Scheme (EIS) as they struggle to find funding from the banks. EIS applications to HM Revenue and Customs, which monitors the scheme, were up by almost a half last year. A record 2,147 won approval to enter EIS – a [...]

Gas Boom Sparks Price War In Europe

A massive increase in gas drilling around the world is fuelling a price war for consumers. Russia supplies 25% of Europe’s gas and has held many countries to ransom over high prices with threats of switching off supplies. European energy companies are fighting back with threats to buy elsewhere if prices are not cut, leading [...]

Women’s Pensions Are A Third Less Than Men’s

Women retiring from work this year can expect their pension to be up to a third lower than that for men. In addition, financial experts are flagging up a mortgage time-bomb for people aged over 50 who haven’t cleared their home loans before retirement. When it comes to pensions, female retirees this year can expect [...]

Clock Is Ticking On Spanish Homes VAT Discount

The countdown is nearly over for overseas property buyers seeking cheap homes in Spain as the deadline for a VAT increase approaches. The call comes after the government slashed VAT by half in a bid to boost home sales in a market that has a glut of unsold properties. The discount rate is currently 4% [...]

French Bewilders Expats With Flexi Property Taxes

Brits with homes in France could be made dizzy with the regular changes being made to the property tax rate in the country with news that a new surtax is on the way. The French government is attracting criticism for its changes – many of which are politically inspired and not always designed to help [...]

World’s Wealthiest Man Wants The Rich To Pay More Tax

A call to soak the super-rich with more taxes has been floated by one of the world’s richest and most influential economic thinkers. Legendary investment guru Warren Buffett shook up the debate about how to reform America’s tax system in 2011 when he demanded that the rich pay more in tax. Now, he says that [...]

Coloured diamonds – forever tempting investors

Diamonds may well be a girl’s best friend, but they are fast becoming best buddies of investors as well. Over the past 10 years, coloured diamonds have provided a higher rate of return than most other investments. Indeed, someone investing in a five-carat yellow diamond 10 years ago would have seen the value increase by [...]

Expats Tricked Out Of Cash For Scam Job Offers

Desperate expat students are forking out £2,100 each to scammers for non-existent job offers, warn officials at Immigration New Zealand. Fraudsters are sending the bogus job offers under the guise of a real firm – Kelly Services. Now Immigration New Zealand, the country’s visa and immigration handler, has issued a worldwide warning about the fake [...]

Autumn Statement 2012 – Investment

Chancellor George Osborne’s Autumn Statement 2012 offered little cheer for investors. From the start, he made clear the statement was tax neutral, so any financial improvements would come from extra cuts elsewhere. The clear message is no new money is available for investment or tax cuts, and that any cash improvements would come from recycling [...]

Judges back widow’s expat state pension claim

Thousands of British expats could win a pension cash boost after a court backed a widow’s fight against sex discrimination. The case gives hope of more cash in retirement to abut 500,000 British expats paid state pension around the world. Currently only pensioners living in the European Union nations and some other countries get a [...]

Property May Stick In The Doldrums For Two More Years

The world’s economy is going to provide a mixed bag of opportunities for property investors next year, predicts real estate investment firm Jones Lang LaSalle. Issues with rock-bottom interest rates, falling inflation and stuttering growth in the eurozone, US, UK and Japan, will create a dual speed global economy which will affect real estate investors [...]

Branding property lifestyles for the wealthy

When it comes to boosting price growth in prime residential markets, developers should be looking at ‘branded developments’, says a new report. As the number of wealthy buyers increase, their tastes and demands for property have changed. With uncertainty on the stock markets and low interest rates for investments, the rich are now looking to [...]

Misery For Homebuyers Worldwide As Prices Stagnate

House prices around the world have stagnated in the past year – and look likely to stay that way through 2013, according to the global house price index from estate agency Knight Frank. Average prices increased just 0.1% over the summer, said the firm, revealing that buyer confidence in Europe is at an all time [...]

Skyscrapers hit new heights in quest for tallest building

Skyscrapers around the world are getting taller – and only one of the current top 10 will stay in the list as the next generation under construction reach new heights. Dubai’s Burj Khalifa (828 metres) will retain the number one spot for the time being – but the rest of the world’s tallest buildings will [...]

Why expats should consider a QROPS

If you are an expat reading the financial pages, you will have seen stories about QROPS – so for anyone wondering what all the fuss is about, here’s a quick guide. What is a QROPS? QROPS stands for qualifying recognised overseas pension scheme – Qualifying means the provider has certified to HM Revenue & Customs [...]

Overseas property investors boost luxury home sales

A massive surge in foreign investors buying prime London property is boosting the profits of top of the market estate agents. The latest to announce bumper profits is Knight Frank – announcing turnover up 8% to £334 million in the year ending March 31. The rise is based on foreign investors flocking to the capital [...]

Celebrities ready to take on HMRC in tax row

Sports stars and celebrities investing in major movies are embroiled in a row with HM Revenue & Customs over claiming tax relief on more than £700 million of investments. The argument is between Ingenious Media, a company running investment partnerships for showbiz names like David Beckham, Bob Geldof, Wayne Rooney and Sir Andrew Lloyd Webber. [...]

USA – the most expensive and cheapest homes for sale

Property prices in the US have hit both extremes – as the most expensive apartment in Manhattan hits the market for $100 million, the cheapest house in Detroit is for sale for just $900. What does $100 million buy in New York? A lot is the answer – including six bedrooms, nine bathrooms, a marble [...]