Best and worst countries for expats

Best and worst countries for expats

With the clock now ticking on the UK’s departure from the European Union, some people are rethinking their living and employment situation. Click through the slides below to find the best and worst expat destinations, according to research firm InterNations.

Published : 29, Mar 2017
Petition against South African expat tax launched

Petition against South African expat tax launched...Lock icon

A petition against new legislation that would force South Africans working in countries with no income tax to pay tax in their home nation went live on Sunday.

Published : 27, Mar 2017
UK CISI advisers to visit South Africa on fact-finding mission

UK CISI advisers to visit South Africa on fact-finding...Lock icon

The Chartered Institute for Securities & Investment (CISI) is working with London-based firm Perceptive Planning to organise a fact-finding trip to South Africa in October.

Published : 24, Mar 2017
Sanlam acquires majority stake in PineBridge East Africa

Sanlam acquires majority stake in PineBridge East...

Sanlam Emerging Markets (SEM) has reached an agreement to acquire a majority stake in Kenya-based asset manager PineBridge Investments East Africa Limited (PIEAL).

Published : 22, Mar 2017
South African expats unite against proposed tax changes

South African expats unite against proposed tax...Lock icon

South Africans working in countries with no income tax, such as the UAE, have banded together on social media to oppose new legislation that “might put them at an unfair disadvantage” of having to pay income tax in South Africa.

Published : 20, Mar 2017
S Africa to end ‘too generous’ overseas worker tax break

S Africa to end ‘too generous’ overseas worker...

South Africa is to draft legislation overhauling its residence-based tax rules so that South Africans working in countries with no income tax, such as the UAE, will be liable to pay tax in their home country.

Published : 16, Mar 2017
Jersey agrees to return money laundering assets to Kenya

Jersey agrees to return money laundering assets...

Jersey chief minister Ian Gorst has signed an agreement to allow the return of over £3m ($3.65m, €3.46m) of stolen assets to Kenya.

Published : 8, Mar 2017
South Africa delays financial regulator overhaul

South Africa delays financial regulator overhaul...Lock icon

Changes that would have seen South Africa’s Financial Services Board (FSB) rebranded, handed a new mandate, and the introduction of a ‘Twin Peaks’ regulatory system have been postponed.

Published : 3, Mar 2017
South Africa budget targets high earners with top rate hike

South Africa budget targets high earners with...Lock icon

South Africa finance minister Pravin Gordhan has announced a new top tax bracket of 45% in his 2017 Budget.

Published : 24, Feb 2017
South Africa’s Lombard Life fined by regulator

South Africa’s Lombard Life fined by regulator...

The Financial Services Board (FBS) of South Africa has fined Lombard Life for not complying with rules about informing policyholders of their right to appeal after the company rejected their claims.

Published : 21, Feb 2017
Ex-boss of £6m S. African scam fund loses ban appeal

Ex-boss of £6m S. African scam fund loses ban...

South Africa’s financial services regulator has dismissed an appeal to overturn the ban of the former boss of collapsed asset manager Interneuron, which swindled investors out of R100m (£5.9m, $7.4m, €6.9m).

Published : 10, Feb 2017
DeVere Acuma admits not disclosing commission in S Africa

DeVere Acuma admits not disclosing commission...Lock icon

South African advisory firm deVere Acuma has confirmed that it did not disclose commission charges of nearly £65,000 ($81,114, €75,198) taken from a client’s portfolio over four years, reports local news feed Moneyweb.

Published : 6, Feb 2017
Expats in South Africa facing ‘turmoil’ ahead of tax hikes

Expats in South Africa facing ‘turmoil’ ahead...Lock icon

Wealthy expats living in South Africa are set to be hit hard by sweeping tax increases set to be announced in the country’s budget later this month.

Published : 2, Feb 2017
deVere Group ‘under attack’ in S Africa, says CEO Green

deVere Group ‘under attack’ in S Africa, says...Lock icon

deVere Group founder and chief executive Nigel Green has said that his financial advisory firm is “under attack in South Africa” following a series of alarming events aimed at discrediting the group.

Published : 24, Jan 2017
South African IFA firm kicks off adviser internship programme

South African IFA firm kicks off adviser internship...

Cape Town-headquartered IFA firm Carrick Wealth has launched an internship programme for university graduates as part of the Carrick Development Academy (CDA) Graduate Programme.

Published : 23, Jan 2017
South Africa to bring in 50% cap on upfront commission

South Africa to bring in 50% cap on upfront commission...Lock icon

South Africa’s Financial Services Board (FSB) will limit upfront commission to 50%, with the remainder set to be paid on an “as and when” basis as further details emerge on how the regulator will introduce the first set of Retail Distribution Review (RDR) measures.

Published : 5, Jan 2017
Aisa International moves into South Africa with fee-based firm

Aisa International moves into South Africa with...Lock icon

Cross-border financial planning firm Aisa International has expanded into South Africa after being granted a licence by the country’s financial services regulator.

Published : 4, Jan 2017
South Africa sets out commission ban under RDR

South Africa sets out commission ban under RDR...Lock icon

South African regulator, the Financial Services Board (FSB), has revealed details on how it will implement a cap on commission payments as part of the country's Retail Distribution Review (RDR).

Published : 4, Jan 2017
Optimus launches offshore pension fund for South Africans

Optimus launches offshore pension fund for South...

Isle of Man-based pension provider Optimus has launched a new offshore retirement fund aimed at wealthy South Africans.

Published : 14, Dec 2016
South African IFA firm to expand adviser training school

South African IFA firm to expand adviser training...Lock icon

Cape Town-headquartered IFA firm Carrick Wealth is expanding its flagship Invictus programme, a training academy launched earlier this year aimed at the company’s would-be advisers.

Published : 30, Nov 2016

Sponsored Content

Best and worst countries for expats
Best and worst countries...

With the clock now ticking on the UK’s departure from...

FPI up for sale with Utmost Wealth 'in the running'
FPI up for sale with...Lock icon

Friends Provident International is up for sale with...

UK/UAE treaty allows expats to cash out pensions tax free
UK/UAE treaty allows...Lock icon

A new UAE-UK double tax treaty, which came into force...

Italy introduces non-dom tax breaks to lure wealthy foreigners
Italy introduces non-dom...

Italy has introduced a flat rate of tax aimed at attracting...

Standard Life cuts Asia insurance profile with Hong Kong sale
Standard Life cuts Asia...Lock icon

Standard Life has agreed to sell its wholly-owned Hong...

OTHER STORIES FROM LAST WORD...