Globally, more than 200 million people overseas are supporting some 800 million family members back home through regular remittances. They’re not always getting a good deal. While the International Day of Family Remittances (on June 16th) aims to highlight the obstacles people face when it comes to financial inclusion, the ambition should be for a fast, fair service 365 days a year.  ..read more

As many as three in five employees plan to work abroad in the year ahead. Yet while the opportunities are evolving rapidly, the tax obligations are unyielding. If you’re working abroad — even without moving overseas long-term — there are some important tax implications to know about.  ..read more

What happens when a period of living and working abroad comes to an end? It could be sooner than you expected. Around 4% of people return home within a year, although most spend between 5 and 10 years overseas. There’s been a steady exodus from the United Arab Emirates after the pandemic, and significant departures from Hong Kong, China (Covid) and Singapore (cost of living). Brexit also forced any British citizens who didn’t have settled status in the European Union to leave the EU too.  ..read more

Spain currently has more foreign residents (over six million) than ever before, and there’s plenty of room for more. A new remote worker visa introduced in 2023 will make it even easier for digital nomads to live and work permanently in the country. So if the idea of sharing a workspace in Barcelona or hot desking in the Canary Islands appeals, here’s how to apply for your digital nomad visa.  ..read more

What will you bring back from your next business trip overseas? A freshly inked contract or an embarrassing anecdote? Differences in international business culture can be hard to navigate and worlds do occasionally collide with unfortunate consequences. So whether you’re heading overseas for a business meeting or planning on working abroad long-term, here’s what to know about cross-cultural communication and international business etiquette.  ..read more

Whenever you’re sending money to India from overseas, or transferring funds between two banks in India, you’ll be given a unique transaction reference (UTR) number. This is an essential reference if you need to track a transfer that is delayed, or confirm details of a transfer to the recipient. The UTR is generated by the bank that initiates the transfer, so you don’t have to do much. And if you’re sending money through CurrencyFair, you don’t have to do anything at all. However, it’s useful to know what a UTR looks like, where to find it, and when you might need it.  ..read more

It’s no surprise that holidaymakers in Portugal often find themselves browsing ‌local real estate listings out of curiosity. With its all-U-can sun, sea and sardines lifestyle, the Iberian peninsula country is perfect for a permanent move. Around 6% of the Portuguese population is foreign-born and almost 50,000 British citizens, and half as many Italians and French, have already found their coastal villa, country farmhouse, or city-centre apartment. If you’re looking to own a home, here’s what to know about buying a property in Portugal.    ..read more

Whether you’re moving abroad for good, or dividing your time between countries, it’s important to understand the implications of moving your money and assets. If you’re transferring money overseas, buying property, or gifting overseas assets to family members, there could be taxes to pay and strict conditions to comply with.  ..read more

You can now transfer money overseas to Mexican pesos (MXN) with CurrencyFair, adding yet another reason to work, live, study, or retire in Mexico. Even if a country that boasts 35 UNESCO World Heritage sites, Mariachi bands, and the birthplace of chocolate needs no introduction, here’s why the time to consider a new life in Mexico is now.  ..read more

Cross-border payments platform CurrencyFair has announced a partnership with international payments company Thunes, who will support CurrencyFair to offer its money transfer services in 25 new currencies, including Mexican peso, which has now gone live. This represents a growth in current markets of more than 100 ..read more