Expat news
Cost of living
Singapore regularly tops the list of the most expensive cities in the world. In 2023, it tied with Zurich in first place among the most expensive cities in the world, according to the Economist Intelligence Unit (EIU). The same year, a report by Mercer called Singapore the best city for expats in Asia. However, in recent years, Singapore has been experiencing a continuous exodus of expats. Even those who have called it home for a long time are starting to reconsider.
Work
The tech world, already shaken in 2022-2023, is still in turmoil. As AI continues to develop, other sectors will come under the scrutiny of multinational corporations. What does this mean for aspiring expats? Should this be seen as a risk for international recruitment?
Schools & studies
To stand out on the international job market and further strengthen the position of the European Union, the European Commission announced the creation of a European diploma. What does this mean for potential international students in Europe?
Accommodation
Looking for a new real estate investment? Futuristic cities, artificial islands, and self-sustaining megacities await you as the Gulf States roll out the red carpet for wealthy expatriates. Competing with each other, they are embarking on mega-projects to attract foreign investors. Here's an overview.
Health system
According to the current Italian prime minister, it could soon be possible for Italian expats to benefit from healthcare in Italy while living abroad. In fact, a bill proposed by the Fratelli d'Italia party aims to allow this against an annual contribution of 1,500 euros to the national health system (SSN).
Banks and finance
If you're planning to move abroad, you're perhaps in the middle of the process of obtaining your visa and residency permit. One of the required documents is proof of financial means. Apart from the often exorbitant amount, how can you prove you have sufficient funds to live in your chosen country?
Everyday life
Happiness is a complicated matter. Philosophers have tried to define it, economists have tried to measure it, and expats, well, expats are trying to find it. Several surveys look at happiness from a geographical angle. Their goal is to determine whether location has an impact on your emotional well-being. And, as it turns out, it does. But the rest isn't that clear.
Visas
With the rising costs of moving abroad on the one hand and tougher or more flexible visa requirements on the other, global immigration policies are ever-changing. Here's an overview of the latest updates to help you plan your move.
Everyday life
The 27 European Union member countries voted on December 30, 2023, for the partial entry of Romania and Bulgaria in the Schengen area, effective from March 31. What does this mean for current and prospective expatriates?
India
The G20 summit in September 2023 might not have resulted in significant announcements, but it provided India, as the host country and G20 president at the time, with an opportunity to showcase its prestige to the world. Foreign heads of state were welcomed with the red carpet treatment, even if it required hastily constructing new infrastructure to conceal slums. The goal was to lavish guests with hospitality to attract more business leaders and foster additional partnerships. Will this be enough to attract and retain foreign talent?
Schools & studies
Amidst economic downturns, inflation crises, political tensions, wars, immigration policy changes, and restricted student quotas, some argue that 2024 isn't notably worse than past years. Yet, we've experienced better times. However, should prospective international students review their plans to study abroad?
Pets
Bringing your pets along during your travels has always been cumbersome, requiring more planning, more paperwork, and considerable fees. With international pet relocation fees skyrocketing in various countries, expatriates have to rethink their plans. Here's what you need to know about the cost of moving abroad with pets.
Formalities
Several countries are grappling with labor shortages and are adapting their immigration policies accordingly. There's a high demand for skilled workers, although they may face challenges due to policies aimed at prioritizing national employment. Balancing the encouragement of local employment with promoting international mobility poses a significant challenge for governments.
Tax
Combating international tax fraud remains a work in progress. Although far from complete, governments are pleased to note significant advancements since cooperation was bolstered. Tax authorities find an unexpected ally in their efforts to monitor foreign bank accounts: social media.
USA
Major changes are on the horizon for the widely-used H-1B visa, with potential impacts on other visa categories. Additionally, significant hikes in visa fees are expected, posing a substantial consideration for those planning to relocate to the United States. Here's what you need to know.
Everyday life
Recent studies show that more Americans are moving abroad than ever before. The United Kingdom is challenging Canada as the most popular English-speaking destination, while the United States' other neighbor, Mexico, remains the second most preferred destination. New Zealand is also increasingly popular. Better life-work balance and a lower cost of living are the leading reasons for moving abroad.
Everyday life
With around 3.5 million British expats living in different countries all around the world, it comes as no surprise that a large number of them consider it to be the best decision they've ever made. A recent study by iFast Global Bank, which polled 600 adults, showed that over two-thirds of British expats were happy with their move abroad. The remaining one-third of expats polled decided to move back home, as they couldn't deal with being away.
Visas
Canada remains a magnet for expats worldwide, but recent policy shifts are putting extra financial strain on those considering the move. Relocating there was already costly, and new visa changes are set to hike expenses further. Will this deter potential expats?
Other Types
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Work
You might assume that office life is much the same everywhere: fairly standard working hours, the occasional overtime, and organizational differences from one company to another. But moving abroad can quickly challenge that assumption. Workplace habits are deeply influenced by local culture, from what people wear to how they interact with colleagues. So what is considered perfectly acceptable in your new country, and what might be frowned upon? Here are seven workplace habits that reveal just how differently office culture can be understood around the world.
Everyday life
Using AI to plan a move abroad may seem like a quick and convenient solution. It can compare destinations, explain visa procedures, and help organize your relocation. However, inaccurate information, outdated advice, and a lack of human understanding can put your expatriation project at risk. So, how much should you really rely on AI?
Australia
For years, Australia has been one of the world's most sought-after destinations for international students. Its world-class universities, high standard of living, and generous post-study work opportunities have attracted hundreds of thousands of young people hoping to build a future abroad. But that appeal is beginning to fade. As the government continues to tighten its immigration policy, it has once again increased the cost of its post-study work visa, making it one of the most expensive of its kind in the world. Combined with stricter eligibility rules and fewer pathways to long-term residency, the changes are forcing many prospective and current international students to rethink their plans. Is Australia slowly becoming a study destination reserved for those who can afford to pay the price?
Everyday life
Are retirees really the "wealthy elite" they're often portrayed as? In reality, retirement incomes vary widely, and so do living standards. For expat retirees, the picture is even more complex. Beyond everyday expenses, they must also navigate inflation, hidden costs, rising healthcare bills, and policy changes that can all have a significant impact on their budget.
Accommodation
Buying your own property is a major milestone, and for many expats, an exciting new chapter. But purchasing a home abroad involves more than finding the right property. Your relationship status can have a significant impact on your rights as a buyer and the legal protections available to you. Whether you're married, in a civil partnership or cohabiting, are you equally protected when buying property overseas?
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