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Worldwide Expat News - Page 283 of 292

Keep up to date with the latest expat news from around the world.

Caribbean offers ‘great expatriate lifestyle’

Britons considering selling up and enjoying an expatriate life in the sun have been advised to look to Margarita Island. The Caribbean Island, which is the largest island in Venezuela's Nueva Esparta state, is expected to attract around half a million visitors over the course of 2009, with most attracted by the picture-postcard beaches and year-round good weather. However, for the lucky few who are able to invest in a property there, Margarita Island is being tipped as the next big ... Read more

BRIC countries have ‘expatriate potential’

An increasing number of people may move abroad and become an expatriate in China and Russia following a new energy agreement, it has been claimed. The economic giants - which form part of the BRIC nations, along with India and Brazil - recently signed an agreement to exchange Russian gas supplies for $25 billion (£17.2 billion) in loans. According to one expert, the deal represents another step in the growing foreign investment appeal of the nations. A market analyst at the ... Read more

Moving abroad to France ‘becomes easier’

There was good news for people looking to move abroad and purchase property in France as they will now be offered mortgages of up to 100 per cent. In a move that could bring a major boost to foreign investment in the country, the loans will be available to every expatriate on a variety of development types. The mortgages - which require no form of deposit - were previously only open to foreign investors buying in certain locations of France. Director ... Read more

An expatriate ‘can feel confident’ moving to Croatia

It has become easier for people to move abroad to Croatia after the country's property market was given a major confidence boost following a change in legislation this month. That's according to one expert, who believes that allowing an expatriate to purchase property with the same rights as Croats is a big step in the former Yugoslav republic gaining European Union (EU) entry. UK manager of Investment Group Croatia, a local real estate firm, Andrea Marston, commented that while it was ... Read more

Spain still ‘most popular destination’ for foreign buyers

Spain is still the favourite destination for British people looking to move abroad and invest in foreign property, it has been claimed. Les Calvert, director of the online investment portal Property Abroad, believes that the country's strength as a tourism destination means it will remain the ideal location to make a foreign purchase. His comments come on the back of a survey by the Spanish Property Owners Guild, which revealed that prices could drop 15 per cent over the coming year. ... Read more

Home insurance is important for an expatriate

An expatriate with property abroad should ensure that the contents of their second home are covered by insurance, claims the AA.Research by Zurich Private Clients revealed that one in ten people did not have insurance for their homes abroad which is a worry as the average holiday home contains contents worth £15,200.Ian Crowder, public relations manager for the AA, said: "When you're taking out insurance and you're looking at contents, it's important to make sure you've got sufficient cover for everything ... Read more

More people are moving abroad to Spain

There are a number of reasons for people to move abroad to become an expatriate in Spain next year, according to Nubricks. Spanish property has been a firm favourite of Brits for a long time and property builder Casas de Lorca told the property blog that there is still potential in the market. Mike Hamitlon, sales and marketing director at the group, said: "Despite current difficulties, I believe the various underlying factors leave cause for optimism, chief among them the ... Read more

An expatriate ‘should always do research’

People should not take risks when they buy property abroad and become an expatriate, according to the Association of International Property Professionals (AIPP).Chief executive Paul Owen said a lot of buyers take chances they would never do in their own country and should instead go to the lengths of using an independent lawyer.Mr Owen advises people to always get an independent lawyer when buying foreign property as it significantly reduces the risks you take on an overseas property purchase."The way you ... Read more

An expatriate ‘will enjoy’ Estonia

A potential expatriate who wants to move to Estonia should stick to the country's major cities, according to Quintessentially Estates.Lily Simpson, head of business development at the global property search company, said that people should concentrate on buying homes in the capital city Tallinn as it is the main area of investment and also Pamu."But I think apart from these two key areas, it's almost too much risk really. If you are investing in a city the risk is lower," she ... Read more

More IT staff ‘will move abroad’

An increasing number of employees working in the IT sector have said they are willing to move abroad and become an expatriate, according to a new study.Recent research by the IT Job Board revealed that 81 per cent of IT professionals would happily relocate to a foreign country if a job or work opportunity arose due to the flexibility of the industry.Alex Farrell, managing director of the recruitment organisation, said the survey showed that IT employees are dedicated to professional development."The ... Read more
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