Expat news
At this very time last year, the whole world was waking up to a new disease and had no idea that we would need to come to terms with a whole new way of life because of it. The first few cases of COVID-19 were first detected in Wuhan, China. A year later, are things back to normal in this town? Looking back on 2020, what do expats living in China have to say?
Health system
Last week, the United Nations Commission voted to classify cannabis as a less dangerous drug. Of the 53 member states of this committee, 27 voted for while 25 others are against. However, the legalisation of medical cannabis has been debated in many countries for several years. So how have countries been dealing with this issue until now?
Work
The global health crisis had a significant impact on the global labour market, leading to a rising unemployment rate. Finding a job abroad can, therefore be a tedious task. Still, there are other options to consider, like doing an internship or volunteering abroad. Young expats talk to us about their experience and about the benefits of gaining international work experience.
Everyday life
With the COVID-19 pandemic, Christmas is going to be different in most countries this year. But being unable to go on vacation, to reunite with your loved ones back home, or enjoy the usual events and activities in your host country due to health restrictions and social distancing doesn't mean you should sit down and get bored at home. Here's how you can get into the Christmas spirit even though the crisis is keeping you away from the rest of the world.
Other Types
Schools & studies
There is so much more that goes into the choice of a university today than even a decade ago. International students especially have the whole world to choose from. And while before students were more focused on the theoretical benefits of a certain degree, today, with so many less traditional options for learning (online, via social media, private tutoring, etc.), there is a lot more a traditional institution has to offer, especially given the price of formal education.
Banks and finance
If you are like most expats looking to purchase a home overseas, you will probably need a mortgage. This typically means applying to a bank or lender in the country where the property is located. The process can be different and more complex than in your home country, especially for non-residents, as financial institutions are cautious about lending across borders. In some places, the route from application to approval is relatively straightforward, but in others it can be much more challenging.
Work
You may be dreaming of managing your team abroad or opening or taking over a business overseas. But already, a thousand questions are challenging you. Are you really cut out for a leadership role, especially in another country? Here's some practical advice to build your confidence before embarking on the expat project that's right for you.
Work
More young professionals than ever are choosing to start their careers abroad. Driven by the rise of digital nomadism, economic uncertainty, and the promise of new opportunities, they are increasingly willing to cross borders in search of a better future. But what do young expats really expect from their first job overseas? And how do their career goals compare with those of earlier generations?
Paraguay
A new investor residency rulebook landed last month, and for anyone weighing Paraguay as a place to actually live, the numbers are surprisingly friendly. If you've been quietly researching Paraguay as a possible new home base, for the taxes, the cost of living, the easy residency, or just because the rest of the world feels increasingly expensive and complicated, this one is for you.
Tax
Postcard-perfect beaches, luxury villas, sports cars and a jet-set lifestyle: social media often paints expat influencers and content creators as financially free and permanently on vacation. Behind the filters and sponsored posts, however, lies a much more complex reality. As more freelancers, influencers and digital creators move abroad to optimize their lifestyle and income, tax authorities around the world are increasing their scrutiny. So how can content creators relocate overseas legally, optimize their taxes, and avoid crossing the line into tax evasion?
Open a bank account that suits you
Discover the best international banks to manage your money securely.
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