Archived posts for August 2009

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Brazil sees visitor numbers rise

28

Aug

2009

 HiFX News@ 12:00 AM

Brazil is emerging as an increasingly popular destination for Britons, new figures indicate.

Research by the Brazilian Tourist Board recently revealed that the number of visitors to the area has risen by 2.3 per cent compared with last year.

Continue reading "Brazil sees visitor numbers rise"...

France is "wallet-friendly"

28

Aug

2009

 HiFX News@ 12:00 AM

The accessibility of France makes it an affordable destination for Britons who may be intending to make foreign exchange transactions, according to industry experts.

Tourism specialist Atout France recently stated that the country can be reached easily from the UK, which appeals to visitors on tight budgets.

Continue reading "France is "wallet-friendly""...

'Dubai sees rise in mortgage money transfers'

27

Aug

2009

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 HiFX News@ 12:00 AM

The number of investors transferring money to assets in the Middle East has increased, according to recent research.

Dubai Land Department figures have revealed that mortgage lending increased to £1.14 billion in the second quarter, up from the first quarter's £1.04 billion.

Continue reading "'Dubai sees rise in mortgage money transfers'"...

'Brits may travel with inadequate health coverage'

27

Aug

2009

Tags:
 HiFX News@ 12:00 AM

Brits who spend time abroad may have inadequate health coverage, it has emerged.

Finance specialist InsureandGo recently highlighted research by moneysupermarket.com that showed many UK travellers are unaware of the limits of the European Health Insurance Card (EHIC).

Continue reading "'Brits may travel with inadequate health coverage'"...

'Brazil displays economic resilience'

26

Aug

2009

 HiFX News@ 12:00 AM

Britons planning to use foreign exchange services to purchase overseas investments may like to look to Brazil.

Investment specialist Martin Spring recently told publication On Target that the country's emerging market may prove lucrative for investors.

Continue reading "'Brazil displays economic resilience'"...

Qatar favoured due to higher wages

26

Aug

2009

Tags:
 HiFX News@ 12:00 AM

Potential expats wishing to get the best from their careers may like to choose Qatar as their new nation.

Recent research by portal qatarvisitor.com reveals that many emigrants opt to move to the region due to its high wages.

The study may interest Britons who are intending to make money transfers to fund their new lives overseas.

Continue reading "Qatar favoured due to higher wages"...

Exchange traded funds are "inexpensive"

25

Aug

2009

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 HiFX News@ 12:00 AM

UK emigrants who are choosing to make international payments to schemes that will finance their retirements may like to invest their money in shares, according to industry experts.

Writing in the Telegraph, finance expert Alison Steed recently highlighted the difficulties some expats have when trying to find suitable pension schemes.

Continue reading "Exchange traded funds are "inexpensive""...

Offshore banking 'effective'

25

Aug

2009

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 HiFX News@ 12:00 AM

Offshore banking is ideal for expats who wish to make regular money transfers to their accounts, suggest industry experts.

Finance commentator Elizabeth Colman recently wrote in the Sunday Times that UK emigrants may pay less tax on their earnings than workers from Britain who do not use overseas banks.

Continue reading "Offshore banking 'effective' "...

'Exchange rates may confuse Brits'

24

Aug

2009

 HiFX News@ 12:00 AM

Fluctuating foreign exchange rates may be confusing Brits purchasing goods abroad.

Consumer magazine Which? recently raised its concerns that UK travellers may be unaware of the impact that the global economy could have on sterling.

Dan Moore, senior researcher at the publication, explained that currency rates have been affected by countries that are emerging from the recession.

Continue reading "'Exchange rates may confuse Brits'"...

Greece becoming 'popular' retirement destination

24

Aug

2009

 HiFX News@ 12:00 AM

Greece is proving popular with retiring Brits who are looking to transfer money to overseas properties, according to an industry expert.

The Greek National Tourism Organisation (GNTO) recently stated that the country was seeing an increasing number of UK emigrants settling in the region.

Continue reading "Greece becoming 'popular' retirement destination"...

New rules may affect tax money transfers

21

Aug

2009

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 HiFX News@ 12:00 AM

UK investors who are responsible for imposing value-added tax (VAT) on their goods may be affected by proposals to stamp out fraud.

The European Commission (EC) recently put forward regulations that aim to reduce the number of people who do not pay VAT.

Continue reading "New rules may affect tax money transfers"...

New rules may affect tax money transfers

21

Aug

2009

Tags:
 HiFX News@ 12:00 AM

UK investors who are responsible for imposing value-added tax (VAT) on their goods may be affected by proposals to stamp out fraud.

The European Commission (EC) recently put forward regulations that aim to reduce the number of people who do not pay VAT.

Continue reading "New rules may affect tax money transfers"...

Mid-haul locations may see foreign exchange increases

21

Aug

2009

 HiFX News@ 12:00 AM

Foreign exchange transactions made by Brits may increase in mid-haul destinations, industry experts suggest.

Booking agent the Co-operative Travel recently stated that UK travellers are choosing to visit countries located outside the eurozone in a bid to save money.

Continue reading "Mid-haul locations may see foreign exchange increases"...

Mid-haul locations may see foreign exchange increases

21

Aug

2009

 HiFX News@ 12:00 AM

Foreign exchange transactions made by Brits may increase in mid-haul destinations, industry experts suggest.

Booking agent the Co-operative Travel recently stated that UK travellers are choosing to visit countries located outside the eurozone in a bid to save money.

Continue reading "Mid-haul locations may see foreign exchange increases"...

Working overseas can 'improve' lives

20

Aug

2009

 HiFX News@ 12:00 AM

Britons who have lost their jobs due to the recession have been encouraged to consider working abroad.

Travel portal gapyear.com recently highlighted the positive impact living overseas may have on CVs.

Tom Griffiths, founder of the site, stated his belief that Brits who are facing redundancy can improve their job prospects by seeking international work, which may interest those who are keen to exchange money to fund trips abroad.

Continue reading "Working overseas can 'improve' lives"...

'Technology to impact on health insurance money transfers'

20

Aug

2009

Tags:
 HiFX News@ 12:00 AM

Brits living overseas may soon receive quicker medical treatment thanks to a new project.

The European Commission is backing a new scheme that sees health insurers teaming up to provide greater communication among medical care companies.

Continue reading "'Technology to impact on health insurance money transfers'"...

Japan shrugs off "excessive pessimism"

19

Aug

2009

 HiFX News@ 12:00 AM

Investors may begin to consider Japan as a location for their overseas business ventures following the release of new figures.

The country's economy increased by 0.9 per cent in the second quarter, meaning it has successfully climbed out of recession, the BBC reports.

Continue reading "Japan shrugs off "excessive pessimism""...

Japan shrugs off "excessive pessimism"

19

Aug

2009

 HiFX News@ 12:00 AM

Investors may begin to consider Japan as a location for their overseas business ventures following the release of new figures.

The country's economy increased by 0.9 per cent in the second quarter, meaning it has successfully climbed out of recession, the BBC reports.

Continue reading "Japan shrugs off "excessive pessimism""...

New health insurance may benefit returning Brits

19

Aug

2009

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 HiFX News@ 12:00 AM

UK emigrants who return to live in Britain can now make money transfers to a new health insurance product, it has emerged.

National Friendly recently launched new policies that are aimed at expats who suffer from some medical conditions, the Telegraph reports.

Continue reading "New health insurance may benefit returning Brits"...

British embassy role clarified

18

Aug

2009

 HiFX News@ 12:00 AM

The role of British embassies has been clarified by the Foreign Office following a recent study.

Brits who may use foreign exchange services to finance their visits to international destinations are being encouraged to approach consulates only when necessary.

Continue reading "British embassy role clarified"...

British embassy role clarified

18

Aug

2009

 HiFX News@ 12:00 AM

The role of British embassies has been clarified by the Foreign Office following a recent study.

Brits who may use foreign exchange services to finance their visits to international destinations are being encouraged to approach consulates only when necessary.

Continue reading "British embassy role clarified"...

'Expats advised to examine local markets'

18

Aug

2009

 HiFX News@ 12:00 AM

Property investors have been urged to investigate local markets before they purchase new homes.

Real estate portal TheMoveChannel.com issued the advice following a survey by mortgage insurer QBE LMI that indicated house prices in New Zealand are set to rise by 11 per cent.

Continue reading "'Expats advised to examine local markets'"...

'Expats advised to examine local markets'

18

Aug

2009

 HiFX News@ 12:00 AM

Property investors have been urged to investigate local markets before they purchase new homes.

Real estate portal TheMoveChannel.com issued the advice following a survey by mortgage insurer QBE LMI that indicated house prices in New Zealand are set to rise by 11 per cent.

Continue reading "'Expats advised to examine local markets'"...

'Europe-based businesses may see greater investment returns'

17

Aug

2009

 HiFX News@ 12:00 AM

UK emigrants who transfer money to assets in France and Germany may start to see a greater return on their investments, new research indicates.

Figures from economy monitor Eurostat recently revealed that the countries emerged from the recession in the second quarter.

Continue reading "'Europe-based businesses may see greater investment returns'"...

NHS to be extended to more expats

17

Aug

2009

 HiFX News@ 12:00 AM

Britons who spend time in their homes located outside of the European Economic Area (EEA) may have greater access to free health care in the UK thanks to new proposals.

The Department of Health and the Home Office recently published plans that will see more expats becoming eligible for NHS treatment, which may interest those who have transferred money to overseas mortgages.

Continue reading "NHS to be extended to more expats"...

'Relocating Brits advised to prepare youngsters'

14

Aug

2009

 HiFX News@ 12:00 AM

Britons relocating overseas have been urged to prepare their children for their moves abroad.

Expat resource Expatica.com recently released tips aimed at UK emigrants who are intending to transfer money to fund their new lives abroad.

The portal has encouraged Brits to put measures in place so youngsters make smooth transitions to their international surroundings.

Continue reading "'Relocating Brits advised to prepare youngsters'"...

'US job's market sees recovery'

14

Aug

2009

 HiFX News@ 12:00 AM

Falling unemployment rates in the US may indicate that the country's economy is strengthening, according to industry experts.

Recent research by the US Labour Department reveals that the number of people out of work in the region fell in July, which may interest Brits who are considering transferring money to assets in the country.

Continue reading "'US job's market sees recovery'"...

Asian stock market "doing better"

13

Aug

2009

Tags:
 HiFX News@ 12:00 AM

Expats interested in making money transfers to overseas assets may like to look to Asia.

Property resource Nubricks.com recently stated that the area could appeal to Britons looking for business opportunities.

Chintan Mahida, marketing director for the portal, explained that Thailand and Malaysia are potentially lucrative locations in terms of commercial property investments.

Continue reading "Asian stock market "doing better""...

Economy "remains challenging"

13

Aug

2009

 HiFX News@ 12:00 AM

Investors who make international payments to purchase insurance products are remaining cautious, according to industry experts.

Bank International Netherlands Group (ING) recently revealed that it has seen a €71 million (£61.1 million) profit in the three months preceding June.

Continue reading "Economy "remains challenging""...

Foreign exchange tips issued

12

Aug

2009

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 HiFX News@ 12:00 AM

Britons exchanging money to spend overseas have been issued tips on how to get the best deals.

The Times is offering guidance on using foreign exchange services, which may be of interest to expats.

Continue reading "Foreign exchange tips issued"...

Foreign exchange tips issued

12

Aug

2009

Tags:
 HiFX News@ 12:00 AM

Britons exchanging money to spend overseas have been issued tips on how to get the best deals.

The Times is offering guidance on using foreign exchange services, which may be of interest to expats.

Continue reading "Foreign exchange tips issued"...

Expats take Spanish council seats

12

Aug

2009

 HiFX News@ 12:00 AM

UK emigrants living in some areas of Spain may reap the benefits of having fellow Britons standing in councils, it has emerged.

The country's Ministry for Regional Policy recently released figures that show a significant number of Brits have been voted in to take prominent positions in local politics.

Continue reading "Expats take Spanish council seats"...

Expats take Spanish council seats

12

Aug

2009

 HiFX News@ 12:00 AM

UK emigrants living in some areas of Spain may reap the benefits of having fellow Britons standing in councils, it has emerged.

The country's Ministry for Regional Policy recently released figures that show a significant number of Brits have been voted in to take prominent positions in local politics.

Continue reading "Expats take Spanish council seats"...

Tax hike boosts interest in overseas pension payments

11

Aug

2009

Tags:
 HiFX News@ 12:00 AM

Overseas pension schemes may soon become more common due to the numbers of Brits leaving the UK, it has emerged.

Financial advisor RBC Wealth Management recently highlighted the rising number of expats who are transferring money abroad to avoid high income tax, ifaonline.co.uk reports.

Continue reading "Tax hike boosts interest in overseas pension payments"...

Foreign exchange transactions may increase beyond eurozone

11

Aug

2009

 HiFX News@ 12:00 AM

Foreign exchange rates are pushing Brits to stay beyond the eurozone, industry experts report.

The United Nations World Tourism Organisation (UNWTO) recently stated that UK visitors are increasingly drawn to more affordable destinations.

Continue reading "Foreign exchange transactions may increase beyond eurozone"...

'Italian property market favours buyers'

10

Aug

2009

 HiFX News@ 12:00 AM

Brits looking to transfer money to overseas investments may like to search the Italian property market for new assets.

Real Estate expert the Property Finder recently told the Guardian that prices for some homes have plummeted by ten per cent.

Continue reading "'Italian property market favours buyers'"...

Economic growth "expected"

10

Aug

2009

Tags:
 HiFX News@ 12:00 AM

UK emigrants who make international payments to mortgages on Europe-based properties may continue to benefit from low interest rates, it has emerged.

In a recent report, the European Central Bank (ECB) recently announced it will keep rates at one per cent, which may have a positive impact on the finances of expats who make money transfers to assets on the continent.

Continue reading "Economic growth "expected""...

'UK emigrants may be liable for tax bills'

7

Aug

2009

 HiFX News@ 12:00 AM

UK emigrants who keep strong ties with Britain may still need to make money transfers to pay tax bills.

Despite their move abroad, expats were recently warned by business advisor PFK Accountants that they are required to make international payments to Her Majesty's Revenue and Customs, ifaonline.co.uk reports.

Continue reading "'UK emigrants may be liable for tax bills'"...

"Modest growth" indicated for European economy

7

Aug

2009

 HiFX News@ 12:00 AM

British investors may start to see a greater return on their Europe-based assets, according to a new survey.

Research by financial analyst Markit reveals that July saw an increase in activity in the manufacturing sector, which may be of interest to expats making international payments to fund their companies.

Continue reading ""Modest growth" indicated for European economy"...

Expats issued money transfer tips

6

Aug

2009

 HiFX News@ 12:00 AM

Potential UK emigrants wishing to transfer money to overseas mortgages have been issued tips on how to sell their current homes.

Financial advisor Shelter Offshore recently published a guide that aims to help Britons to successfully close deals on their UK-based properties amid the recession.

Continue reading "Expats issued money transfer tips"...

European digital sector to boost trade

6

Aug

2009

Tags:
 HiFX News@ 12:00 AM

Expats planning to make money transfers to their businesses on the continent may find the internet significantly boosts trade.

A recent report by the European Commission (EC) highlights the growth of the digital sector overseas and the positive impact this may have on international companies.

Continue reading "European digital sector to boost trade"...

'France tax cuts may invigorate money transfers'

5

Aug

2009

Tags:
 HiFX News@ 12:00 AM

France may soon attract more international payments from UK investors thanks to tax changes, it has emerged.

The move sees property tax cuts of three per cent for people living in the British Virgin Islands, the Isle of Man and the Channel Islands who plan to make money transfers to overseas mortgages.

Continue reading "'France tax cuts may invigorate money transfers'"...

'Australia welcomes skilled workers'

5

Aug

2009

 HiFX News@ 12:00 AM

The Australian government is still keen to attract overseas workers despite a decline in its job market.

Skilled Britons looking to use foreign exchange services to fund their move abroad may still find posts in the country.

Continue reading "'Australia welcomes skilled workers'"...

Charities help fund international payments

4

Aug

2009

Tags:
 HiFX News@ 12:00 AM

Young professionals are being given the opportunity to make reduced international payments in order to work overseas thanks to a new scheme.

Charity Raleigh International is teaming up with New Projects Abroad and businesses from the private sector to part-fund the posts, the Telegraph reports.

Continue reading "Charities help fund international payments"...

European comparison resource may affect money transfers

4

Aug

2009

Tags:
 HiFX News@ 12:00 AM

Britons using foreign exchange services to pay overseas bills may be able to cut their costs, it has emerged.

Price comparison service uSwitch recently announced it plans to launch new portals aimed at Europeans.

Continue reading "European comparison resource may affect money transfers"...

Working abroad is "positive" career move

3

Aug

2009

 HiFX News@ 12:00 AM

Britons may boost their job prospects by exchanging money and working abroad, according to industry experts.

Travel portal Gapyear.com recently highlighted the positive impact that working abroad may have on CVs.

The company suggested that as the credit squeeze continues and redundancies increase, Britons should consider using foreign exchange services and look for international job roles.

Continue reading "Working abroad is "positive" career move"...

Surveys "essential" for repossessed properties

3

Aug

2009

 HiFX News@ 12:00 AM

Investors making international payments to purchase repossessed properties have been urged to be cautious when buying new homes.

Real estate expert Property Frontiers recently warned Brits to check that buildings have not been neglected by their previous owners.

Continue reading "Surveys "essential" for repossessed properties"...