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Australia Expat News

Expat Workers in Australia Could See Their Income “Halved”

Expats working in a foreign country typically experience one of two remuneration packages; either they’re paid in their home currency, or in the local currency. In these days of global trade and lucrative foreign exchange markets currency fluctuations are experienced by more of us every day. And while those on the “right” side of the equation can often benefit handsomely from the currency differentials it can be an altogether different experience for those on the other side. Just such a situation is arising at ... Read more

Expat Retirement Destinations: How Income Affects Retirement Choices

After decades of hard work it is little wonder that many people dream of retiring to sunnier climes. What could possibly be a more suitable reward for all those years of early mornings, skull-numbing meetings and child-rearing than living out your days in the warmth and sunshine of the Mediterranean or somewhere even more exotic? And yet, as pleasant an idea as this might be, the reality can be rather different. Whether it’s the healthcare facilities on offer in your adopted country, quite ... Read more

Fresh Hopes for Frozen British Expat Pensions

Here at Expatriate Healthcare we recently reported on how thousands of British pensioners that have retired to the sun are potentially missing out on considerable sums of money. In essence most British pensions are tagged to the economy; as the cost of living goes up, so do pensions in line. This ensures that pensioners are able to benefit from the same standard of living, no matter how long they live for after retirement. The alternative, of course, is that pensions are “frozen” and ... Read more

Expat Retiree Visas “Withdrawn” in Australia

Thanks to its fantastic climate and outdoor lifestyle Australia has long been one of the most popular expat destinations with Brits. Indeed Australia is now considered the most popular destination worldwide for Brits leaving home turf, with almost 1.3 million Brits currently living there. Of course it’s not just families and young professional relocating to Oz; increasingly the country is being seen as a suitable retirement destination. With high quality healthcare on offer, year-round sunshine and reasonable real estate prices outside the major ... Read more

New Research Reveals the Asian Countries Paying Expats Most

When it comes to deciding how much to pay expat workers, the mechanics are often complex and convoluted. Do you, for example, use the employees’ salary from their country of origin as a starting point, or the average salary for their position in their adopted country? Furthermore, once even the base salary has been agreed upon, what else must be added to create a fair and appealing expat package? Considerations can include performance-related bonuses, local living costs such as housing and transportation, ... Read more

Where Do All The British Expats Actually Go?

It has been estimated that in the last 5 years alone 851,000 Brits have moved abroad seeking a better life. There are now estimated to be over 5 million Brits living outside the UK. That’s a lot of people; but where do they all go? Thanks to some new research we can now reveal the most popular destinations for British expats. The survey by Lloyds Private Banking is based on figures held by the UK-based Office of National Statistics (ONS) and reveals the ... Read more

The Surprising Secret That Is Robbing Expats of Their Pensions

Consider a simple fact; overall, the cost of living has increased consistently over time. Try comparing the cost of buying a house or a car in the fifties, and now today, and you’ll find that the cost of living has gone up in real terms by many, many times. What this means for Brits is that a pound these days buys you far less than it used to. Put another way, you’d need more money now than you would a few decades ... Read more

Travel Insurance Blunder Causes Heartache in Australia

British student Sam Corria got more than he bargained for while travelling around Australia, when the vehicle he was in left the road and rolled over 4 times. Left unconscious from the accident which could have ended so horribly Sam was lucky enough to survive – albeit with some terrible injuries. The horrific accident has left the 18 year old with significant brain injuries and – thanks to a travel insurance blunder – difficulties returning to the UK. After being dragged from ... Read more

Overseas Health Insurance News: Denmark, the Netherlands and Australia have best state pension schemes

Well organised expatriates will look at every facet of a country before relocating and finding out about its state pension scheme should be covered in this. According to new research that makes up the Melbourne Mercer Global Pension Index, Denmark has the best system, with the Netherlands and Australia taking the second and third spots respectively. Some 20 countries offering major retirement schemes were compared in order to produce the results, which should help to inform potential expats, reports the Telegraph. Under the Australian system, ... Read more
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