UK Budgets don’t normally have much of an effect on expats. They give us a bit of an insight into what life is like ‘back home’ and are important for those who have interests in the U.K. such as rental properties. But it does give me an opportunity to raise a couple of points which all British expats should be aware.
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I have a social network group to thank for this question. A member wanted to know whether he should invest his money with a life assurance company regular savings plan or into an off-shore investment platform. This post should help him and others…
Hopefully you have managed to enjoy some of the Rio Olympic Games. The tremendous effort of thousands of athletes competing over two weeks is a marvellous spectacle. Of course, we all know the years of training it takes just to compete at this level. Many Olympians have full time jobs outside of their sport as well as families which makes their achievements all the more outstanding. There is not a single competitor who got there by chance. They had a plan and stuck to it. Where others saw reasons to give up, they saw challenges to be overcome.
Buying a property, whether it is the first or 21st is a big deal for most people. Whether it is for investment purposes or to live in usually involves a significant percentage of a person’s wealth. Therefore every precaution should be taken before committing fully to such an investment.
The deadline for Dubai Health Authority (DHA) compliant medical insurance is 30th June for all Dubai residents. If you have not got your plan yet you need to act fast. The application process is not complicated but it does take time and we have Ramadan next month which may slow things down a bit. Many employers have provided enhanced plans for their employees and their families whilst others have provided the basic DHA essential benefits plan for employees only,leaving employees to pay for their Dubai resident dependants.
There are now 75 posts available on my blog. That’s about 37,000 words on a wide range of financial topics. Hopefully, if you have read these posts you will be better armed to tackle financial decision making. This week I am giving you three tips which will help you avoid some financial mistakes many expats make.
A week ago or so, a good friend of mine and I were discussing our kids’ futures. He was concerned; as he put it: our parents knew that if they worked hard they would do ok, we knew that if we got a good education and worked hard we’d do ok too. But what of our kids? In an increasingly globalised employment market where a university degree is a pre-requisite for unpaid intern jobs what advice can we give them? What subjects will provide them with the best return on the time invested in education? Continue Reading…