Re:locate Magazine, Winter 2011/12 Issue

Page 15

WINTER 2011/12

TAX :

Re:locate

Expats cancel return to Britain %ULWRQV OLYLQJ RYHUVHDV VD\ WKHLU TXDOLW\ RI OLIH LV EHWWHU DEURDG WKHLU ILQDQFHV KHDOWKLHU WKHLU FRVW RI OLYLQJ ORZHU DQG WKHLU QHLJKERXUKRRGV VDIHU $ VWXG\ FRPPLVVLRQHG E\ /OR\GV 76% ,QWHUQDWLRQDO VKRZV SHU FHQW RI %ULWLVK H[SDWV VXUYH\HG KDYH FDQFHOOHG SODQV WR UHWXUQ WR WKH 8. LQ WKH ODVW \HDU 7KLV HTXDWHV WR RI WKH PLOOLRQ %ULWLVK SHRSOH HVWLPDWHG E\ WKH 2IILFH IRU 1DWLRQDO 6WDWLVWLFV WR EH OLYLQJ RYHUVHDV

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²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² D ZRUWKZKLOH H[SHQVH LQ WKH ORQJ UXQ JLYHQ WKH OLNHO\ FRVW LPSOLFDWLRQV RI IDLOLQJ WR SUHSDUH

/OR\GV 76% ,QWHUQDWLRQDO SURYLGHV IXUWKHU LQIRUPDWLRQ DQG JXLGDQFH IRU JOREDO DVVLJQHHV DW ZZZ OOR\GVWVE RIIVKRUH FRP JXLGDQFH PRYLQJ DEURDG ZRUNLQJ DEURDG

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´([SDWV KDYH DQ HQOLJKWHQHG YLHZ RI WKH 8. KDYLQJ H[SHULHQFHG OLIH ERWK DW KRPH DQG DZD\ VR LW·V ZRUU\LQJ WKDW OLIH LQ %ULWDLQ DSSHDUV VR EOHDN ZKHQ YLHZHG WKURXJK WKHLU H\HV ´&RQVLGHULQJ ORQJHU WHUP WUHQGV , WKLQN H[SDWV· LQFUHDVLQJ KDSSLQHVV ZLWK OLIH RYHUVHDV DOVR UHIOHFWV WKDW ODUJH JURXSV RI SHRSOH LQ WKH 8. DUH JUDGXDOO\ EHFRPLQJ PRUH RXWZDUG ORRNLQJ ZLWK LQFUHDVHG JOREDO WUDYHO PRUH LQWHUQDWLRQDO EXVLQHVV DQG PDQ\ SHRSOH JHQHUDOO\ FRPLQJ LQWR PRUH FRQWDFW ZLWK RWKHU FXOWXUHV ´,W KDV EHFRPH HDVLHU DQG D PRUH QDWXUDO WUDQVLWLRQ IRU VRPH SHRSOH WR VHWWOH LQ DQG HQMR\ OLIH RYHUVHDV WKDQ LW ZRXOG KDYH EHHQ RU HYHQ WHQ \HDUV DJR µ $OO ILJXUHV XQOHVV RWKHUZLVH VWDWHG DUH IURP D VXUYH\ RI %ULWLVK H[SDWV EDVHG LQ WKH WHQ PRVW SRSXODU H[SDW GHVWLQDWLRQV &RQGXFWHG E\ )UHVKPLQGV WKH VXUYH\ XVHV D VDPSOH RI H[SDWV IURP HDFK FRXQWU\ WKDW LV UHSUHVHQWDWLYH RI WKH JOREDO VSUHDG RI %ULWLVK H[SDWV 7KH VXUYH\ ZDV FRQGXFWHG RQOLQH LQ 6HSWHPEHU 7KH FRXQWULHV LQYROYHG DUH $XVWUDOLD 6SDLQ 86$ &DQDGD )UDQFH 1HZ =HDODQG 6RXWK $IULFD *HUPDQ\ 8$( +RQJ .RQg.

15


Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.