Expat & Offshore has previously reported on the largest denomination banknotes in circulation around the world. Poor monetary policy in certain countries has led to hyperinflation and ultimately to comically large banknote denominations.
Everyone knows that moving abroad can be a hazardous endeavour. A new country brings with it a new culture and a new way of doing things and the expat’s old defence mechanisms and natural skepticisms can be put out of kilter...
Russia’s economy has been booming in recent years driven in large part by a lucrative and expanding energy sector. Many expats have been drawn to the country for this reason but the fabled Russian red tape has been a major downside for expats living in Russia and a serious disincentive for skilled workers to move there...
Expat & Offshore has previously reported on the situation in the Cayman Islands regarding the conflict around maintaining the financial secrecy that the country’s fabled financial services industry and to a large extent the entire economy is based on...
The Australia expatriate community is one of the oldest and most well established in the world. From its roots as a British colony to its status as a choice destination for a globalised workforce there is a large a growing expat community in Australia that is hitting back against British government policy...
For many expats sending money back home is of primary concern with high charges to carry out the often necessary transactions...
The bulk of the United Arab Emirates population is made up of expat workers but until now there has been little domestic opportunity for the expat community to save for their retirement...
In the last 35 years the Cayman Islands have become a key jurisdiction in the global financial system with many core functions centred on the Caribbean islands. However, since the credit crunch and the global financial crisis there has been a major and ongoing push to peel back the layers of secrecy that made the Cayman Islands such an important destination to begin with...
There is a strong and growing campaign for expats to keep the right to vote in United Kingdom elections even past the current 15 year limit. Now, however, one expat group is demanding the end of Inheritance Tax for any expat denied the right to vote...
Hong Kong has been a magnet for expats since the days of British rule and Asian financial centre is still a big draw for expats working in that industry. All this inward migration of skilled workers has meant sky rocketing property prices...