Friday, April 30, 2010
Greece's troubles have also affected the wider Eurozone, driving down the value of the Euro and causing concern among other nations, particularly France, where some organisations have a large exposure to Greek bonds. Adding to this has been the downgrading of Spain's debt to AA by Standard and Poor's.
With these ongoing issues surrounding Greece and the fallout for the Eurozone, how has expat life been affected? Clearly it may make some think about potentially making a move away however for others it may have little effect on their day to day lives. If there are any expats in Greece or the Eurozone amongst our readership, it would be great to know what the crisis means for you. Share your thoughts in the Expat Explorer 2010 survey which has opened this week here.
Wednesday, April 28, 2010
It's something we have touched on before but as the article says, the fall in the value of the pound has meant that some expats have lost "about 30 percent of their income", something that is not easy when their problems are compounded with rising food and fuel bills. In addition to currency fluctuations, job markets have also taken a battering, making finding work a much more difficult task.
Even as we now move into recovery mode, it is clear that expats around the world still face a number of challenges as they deal with changes to their own personal situations. A year on from Expat Explorer 2009, we are keen to find out how expats have fared over the past 12 months - what's changed and what hasn't? As an expat, how have you been affected? Are you still considering a move home or is your current country's economy strong enough to keep you where you are. Take part in Expat Explorer 2010 now by clicking here.
Monday, April 26, 2010
It should take around 10 minutes to complete. The survey will be open from now until the 31st May.
Make sure your country doesn’t miss out on getting in to the survey – we’d really appreciate everyone sending this to their friends, family, colleagues, and anybody else as long as they are an expat. If you live away from your country of origin, your insight will be incredibly valuable and all responses will allow you, us and others to draw those interesting comparisons about life, money, challenges, opportunities and more across a range of different countries. We would love to get the many expat networks and communities out there involved, particularly in some of the smaller expat destinations, as this sort of support helps us to ensure your country is represented and allows us to take a truly global view.
If you’re on twitter then you can help us out by retweeting us to your followers.
Friday, April 23, 2010
Although we featured 26 countries in the reports last year and had some really interesting findings from these comparisons, we are really looking to expand further again this year. We’ve tweaked the survey on the basis of lots of the feedback we had so hopefully this year it will be even more insightful. We really appreciate your contribution in helping to make this project a success so check back here (or on the Expat Zone site) after the weekend.
Wednesday, April 21, 2010
We read a really interesting article recently that serves to highlight how different standard procedures can be from one country to another – in this case, applying for a job. Apparently in Peru, conciseness of a CV is less important than making sure every single detail of your experience is covered, and submitted in person along with copies of qualification transcripts when making an application.
According to the author, Russian Victoria Lugovskaya, this is quite the opposite to how applications are done in her home country. Does anybody else who has tried looking for work in another country have stories on how different it can be? Let us know by posting on here or tweeting us.
Monday, April 19, 2010
For the expat population, flight disruptions like this can also mean that important occasions also have the potential of being ruined, such as flying home for a friend’s wedding or finally making a long overdue visit to friends and family. There is no doubt that there are many expats in the affected locations who would be biting their nails this week as their respective trips loom ever closer.
Has the eruption affected you? Send in your stories – we’d be interested in hearing from any expats that have had their travel plans affected.
Friday, April 16, 2010
The survey will be following a similar format to last year's and can be filled in by anybody so long as you currently reside in a different country to your country of origin and are over the age of 18. We want to hear from all expats, whether you’re a broker in Bahrain, a student in Spain, a journalist in Japan, a teacher in Thailand or even a marine biologist in the Maldives!
We have taken on board your feedback from last year’s Expat Explorer survey and made a few additional tweaks to make sure we touch on the areas that you wanted to see covered.
Last time round we received over 3,100 responses from people in over 50 countries in total, and overall 26 countries made the final comparative reports. For those of you that didn’t see your country included, it’s even more important to share this with as many friends, family and colleagues as possible to ensure there are enough respondents for your individual country analysis.
Check back here or visit the Expat Zone site on Monday 26th for details of how you can participate.
Wednesday, April 14, 2010
However for many it will be a case of trial and error. Written guides can be useful if they’re written by someone with first-hand experience of the area. A recent post on Live Mint Expat Blog was a short and sweet guide to nights out in Delhi, which makes for fun reading. Even if you don’t live there, you’ll probably be able to relate with some of the descriptions of the crowd and “how the night ends”.
The internet has all sorts of guides and information allowing you to thoroughly research an area before heading out. We enjoyed reading the Live Mint blog as it has a real sense of personality – an important part of describing any social scene! We’d be very interested to hear your own experiences or guides and in promoting them on this blog so let us know by posting here, emailing us at firstname.lastname@example.org, or getting in touch via twitter.
Monday, April 12, 2010
British newspaper The Times is the latest publication to look at how British expats – and in particular, pensioners – are being hurt by the worsening performance of the pound. It suggests that things could get even worse due to political uncertainty in advance of the election, which would weigh on hopes for economic recovery.
The Times says that “of the estimated 1.1m British pensioners living overseas, one in five claims a sterling pension”, and that the majority, that live in Europe, face significant hardships due to the flattening Sterling-Euro exchange rate.
Outside of Europe, generally the situation is less severe. Although it would not be down under, where the Australian dollar has made extremely strong ground on the pound in the last couple of years. Do any of our readers have first-hand experience of being hurt by (or benefitting) from currency rates or anecdotes on what you’ve done to beat the crunch?
Friday, April 9, 2010
These findings on China and Russia reflect the findings of our Expat Experience report which looked at lifestyle and found it generally to be poorer in emerging markets than in established markets.
On this blog we looked recently at a surge in expat recruitment in India, as the highly mobile flock to areas of economic growth and personal opportunity. It seems that they do this in the face of significant lifestyle challenges. Hopefully, we will be able to include India in this year’s survey and if the evidence is anything to go by, we should be able to see very interesting findings from the country. Make sure you are heard when the survey goes live!
Wednesday, April 7, 2010
A recent article from the United Arab Emirates looked at poll results that suggested as few as 15 per cent of British expatriates living in the UAE may vote in the upcoming election. It is interesting to see how the distance from their homeland has caused a lack of interest in the political situation back home. We wonder if this is typical amongst expats, or reflective of the sentiment of either British expats, or the expat community in the UAE or Middle East.
We’d be interested to hear your views on politics in countries you no longer live in. Are you still eligible to vote in your home country and if so do you exercise this right? If you are British, what are your thoughts on the election and do you see any way that it will affect you, living abroad? Let us know by posting here or tweeting us @expatexplorer.
Any holiday, which people traditionally celebrate with their friends, family and loved ones, can be a bit daunting as an expatriate, far away from home. On the other hand, where you are now may be where your new friends or even new family are.
We’d love to hear your experiences of Easter as an expat, or any insight into holidays generally. Let us know your stories by commenting here or tweeting @expatexplorer.
Thursday, April 1, 2010
British charity the Consumer Credit Counselling Service says has it has seen a third more calls than usual from people overseas having difficulties paying UK debts. The majority of these originated from people living in Eurozone countries, where the near-parity between the euro and the pound has left many struggling.
The full story can be read here.
While the opportunities of living overseas can be great, there are risks associated with them. Have any of our readers had their lifestyle affected by fluctuating currency rates?