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Social networkers more likely to risk (and lose) money
Better than your average interest rate: peer lending sites like Prosper.com appeal to investors with high interest rates. They also subtly encourage risk-taking, according to a new study. Social...
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Brits are richer, happier abroad than at home
Source: Lloyd's TSB International; click to enlarge The age of fiscal austerity and sovereign debt crises has further sullied UK expats’ opinions of life at home. So much so that many don’t plan to go...
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Euro crisis has expats seeing gold
Gold is back in vogue; source: Ft.com, click to enlarge Investors’ opinion of the euro is bouncing between pessimistic and apocalyptic, depending on the newsflow at any given time. It’s pretty clear...
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“The Greek crisis could attract new expat property investors”
Greece's woes may yet have a silver lining, according to Stuart Orchard, founder and owner of XpatAthens.com. Greek locals aren’t the only ones suffering the harsh reality of the debt crisis. Expats...
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Expat banking habits anger Saudi Arabia
Expats in Saudi Arabia prefer to send money home rather than spend it locally. Only 1/3 even have savings accounts. Expats send an extraordinary amount of money out of Saudi Arabia each year–the...
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Your best defense against an Incredible Shrinking Euro
In lieu of a financial superhero, expats can use forward contracts and currency options to protect themselves from a falling euro. Expats paid in euros are slowly but surely bleeding value as the...
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USA and Hong Kong getting cheaper for expats
Hong Kong has gotten cheaper for expats because its currency is pegged to the US dollar. Despite the euro crisis, your expat pounds (or euros, or yen) will go furthest in the US or countries with...
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Saudis debate expat transfer limits
Saudi officials want to keep expat funds from flying out of the country, but businessmen think it's a bad idea. Saudi Arabia has turned heads recently with a proposed cap on expat money transfers....
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Stronger pound makes French property a bargain
A weak euro is allowing Brits to snap up French property at a 10% discount. Pounds sterling are currently hovering at about EUR 1.20–the best rate they’ve seen since the summer of 2010 (and before...
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ATM fraud in Thailand – a cautionary tale
ATMs can lead to a financial nightmare if they've been tampered with. All too often expats prove easy targets for financial fraud. They stand out in the crowd and are often much wealthier than locals....
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