Expat expert bringing you the latest news, views and analysis of all things expat.
Ep. 106 The Living & Working Abroad Show
In this weeks show we cover a range of global issues, from the intricacies of maritime relocation and Rwanda's geopolitical strategies to the nuanced differences between asylum seekers and migrants. It delves into the complexities of working rights within the EU, compares the influential roles of China and the USA, and addresses pressing environmental concerns juxtaposed with socio-economic challenges. The video also sheds light on Cyprus as a financial haven, offers practical advice on tax return preparation, and guides overseas property investors in Cyprus. Additionally, it explores time management strategies and ethical decision-making, culminating with essential tips for preparing for the winter season.
The Living & Working Abroad Show #101 In this weeks stream, we delve into the intricate world of financial regulations and their impact on overseas property rentals. Our focus is on the significant strides made in anti-money laundering (AML) measures and the evolving landscape of tax obligations for property owners across various countries. Key Highlights: A detailed look at how financial information exchange regulations introduced a decade ago are influencing property rentals. Insight into the UK Tax Reports since 2020, highlighting the new requirements for property rental agents and owners. Analysis of different tax models in countries like Italy, Cyprus, and the UK, and their implications for property owners. An overview of how platforms such as AirBnB, Hotels.com, and Bookings.com are adapting to these regulatory changes. Information on the role of banks in monitoring funds and the obligations for property owners under the new AML regulations. This video is an essential resource for property investors, rental agents, and anyone interested in the international real estate market. Stay informed and ensure compliance with the latest tax and financial regulations affecting property rentals.
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The Living & Working Abroad Show #098 The state of Israel
The state of Israel
Ep. 96 - The Living & Working Abroad Show Relocation - Armenia v Azerbaijan
In this episode we talk about the EU migrant crisis including asylum, economics, Italy & the Schengen area, the Indian Summer of a growing educated population as the West's answer to China, Eco-stagnation & issues within the EU such as rising nationalism, eastern expansionism & human rights.
The Living & Working Abroad Show - Ep 93
Episode 90 of the Living & Working Abroad Show covered: Little Paris EU Schengen Drone Pain In Spain EU Drive Frozen State Passport Drive China Showdown UK Curry Favour Read more on the blog https://proactpartnership.com/blog/the-living-amp-working-abroad-show-ep-90
Read the full article & watch the stream https://proactpartnership.com/blog/how-remote-working-can-be-impacted-by-transfer-pricing-tax-rules
In this weeks stream I will reveal hidden tax responsibilities, possible traps, and the most effective strategies for dealing with your overseas tax liabilities. I will cover a range of topics from double taxation to tax treaties, local tax regulations, and beyond. Whether you're a new expat or have lived abroad for years, this stream is a must-watch to simplify your tax journey and avoid costly mistakes.
Read more about Cyprus tax on our website https://proactpartnership.com/blog/2023-cyprus-tax-payments-return-due-now
Some people travel with work across borders. Some people choose to work remotely or as nomads including across borders. Some people have work that requires them to be based overseas for a fixed contract period. If you are working for a UK employer and working abroad, do you need to register and pay tax overseas?
I look at different scenarios for expatriates living abroad. UK & EU expats should consider where their limit of state health care entitlement lies & what they could do to protect family and business overseas.
ProACT Sam considers the options for UK expats Living and Working Abroad to maintain UK National Insurance Contributions towards UK state pension entitlement. Weekly and monthly contribution options are explained for Class 2 and Class 4 Tax Efficient Saving comparison for contracts Working Abroad Index Linked Pension Benefits for retirement You will find out how to catch up any missed years to ensure you receive full uk state pension. Including the 10 year catch up opportunity running until June 2023.
Post Brexit and covid the world is moving on with changes and developments in relations between the UK and EU countries like Cyprus, Portugal, Spain and France. Enlargement of the Schengen Zone countries and the extension of related short stay rules to non visa free travellers using the new European Travel Information and Authorisation System (ETIAS), which is an electronic travel authorisation required before entering the Schengen Area coming into force in 2024, means restrictions for longer stay travellers. Overseas property owners and remote workers need to consider the steps they need to take to allow themselves to enjoy longer stays living and working abroad.
Discover the secrets to maintaining your non-resident status as a UK expat while visiting family and property back home. In this stream, we'll explore the crucial factors and tax implications to consider during your visits. Learn from experts and real-life experiences as we delve into residency rules, the Statutory Residence Test, tax obligations, and practical tips for hassle-free trips. Stay tax-smart and connected to your loved ones without sacrificing your expat benefits.
Discover how to enjoy extended stays at your overseas property without impacting your tax residence status!
ProACT Partnership clarifies the 90-day rule for expats Living and Working Abroad. Residency is not the same as tax residency or citizenship. Short stay rules limit or stop longer stays without a residency permit ETA electronic travel authorities allow enforcement of 90-day restrictions in this episode, we explore what is permitted and what steps expats need to take to enjoy overseas property and business.
It is the start of UK tax year. I will be highlighting UK tax changes in the year ahead and how they affect families, property and businesses including multi year tax savings by relocating overseas.
A comprehensive guide for expats who are currently residing outside the UK. The video covers various topics, including the tax residency rules, types of UK taxes that expats may be liable for, and ways to minimise their tax liability. It also provides information on the latest tax changes and updates for the year 2023/24. The stream is aimed at helping expats better understand their tax obligations and providing them with practical advice on how to plan their finances effectively to minimise their tax burden. It is an essential resource for any expat looking to navigate the complex world of UK taxation.
As the UK tax year draws to a close on April 5th, it is essential for taxpayers, including British expats living abroad, to take stock of their finances and ensure they are taking full advantage of tax allowances, exemptions, and reliefs. This article will provide practical UK tax planning tips for the end of the tax year, with a dedicated section for British expats.
I go through the 2023 UK budget for expats and highlight the impacts. What are the tax changes that impact expats living in the UK and working abroad? What are the tax planning opportunities for expats relocating overseas?
ProACT Sam explains the value of a resident permit for expats and overseas property investors around the world and the EU.
ProACT Sam discusses resident permit freedoms for expats. To be resident for longer stays with or without tax residency to enjoy family, business, property, study and medical benefits.
This morning we discuss residency issues that connect to tax residency. This is a challenge for contractors & digital nomads wishing to stay on the move without tax risks. The EU / Schengen zone short stay rules create a further division that will be brought into focus with ETIAS electronic travel authorities coming into force in November 2023.
ProACT Sam considers how expats can get freedom of movement in the EU if they are not EU citizens Electronic Travel Authorities (ETIAS) arrive in 2023 allowing enforcement of Schengen Zone 90 in 180 rule. For more flexibility to travel around Europe we look at how (ETAIS) can interact with Schengen to allow overseas property owners and nomads more freedom Living and Working Abroad.
Find out more about the new electronic visa system for travel in the EU being introduced for non-EU citizens in 2023 & how it compares to a Schengen Zone visa. Read more about ETIAS https://proactpartnership.com/blog/the-eu-will-require-electronic-travel-authorisation-from-2022) Watch our previous stream on UK & expat travel visa's in the EU & Schengen Zone https://proactpartnership.com/blog/uk-expat-travel-visas-in-the-eu-schengen-zone
Watch this podcast https://youtu.be/1oRehJwgCdM
Find out the requirements for submitting a UK tax return as a resident or non-resident. ✷ Do I need to submit a UK tax return? ✷ What income do I need to include? ✷ When are tax returns due?