The Schengen Area, known for its borderless travel within Europe, has welcomed new members this year, significantly impacting expatriates living and working in Europe.
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The UK's tax regime for non-domiciled residents (non-doms) is set for significant changes starting 6 April 2025.
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Cyprus has long been favoured by expatriates for its favourable tax regime, particularly appealing to those with non-domicile status. This status can offer significant tax savings, but there are new updates and requirements that expats need to be aware of to remain compliant with Cypriot tax laws.
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The appeal of living and working in the European Union (EU) remains strong among UK expatriates and Cyprus has emerged as a compelling choice with warm weather, great food & low taxes.
Cyprus offers a unique blend of EU benefits and additional flexibility for UK expats. In addition, Cyprus is expected to join the Schengen Area by the middle of 2025 which will offer additional benefits for travelling.
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The process of submitting tax returns and awaiting assessments can be daunting, often marred by delays that stretch from months to years. This episode sheds light on these challenges, particularly emphasising the experiences with HMRC and the efforts to improve the situation.
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There have been significant changes to Cyprus's policies on asylum seekers, a topic of growing relevance in the context of global migration and local economies. This discussion sheds light on the unique position of asylum seekers compared to expatriates and the evolving legal framework designed to manage their integration within Cyprus.
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It has come to light that the HM Revenue & Customs (HMRC) has inadvertently issued late penalty notices to expatriates for their 2022/23 UK tax returns which were due online by 31 January 2024.
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Over the past decade, Israel and Cyprus have forged increasingly close economic bonds, marking a significant trend in the Mediterranean's business landscape.
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In a world where political landscapes are ever-evolving, the implications of electoral outcomes and political shifts on expatriates and international businesses cannot be understated.
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ProACT will have limited availability on public holidays.
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In an increasingly connected world, the opportunity to work remotely from picturesque locations like Cyprus, while being employed by a company based in the UK or elsewhere in Europe, is an attractive proposition for many. However, this dream scenario comes with its own set of tax and social insurance complexities that remote workers need to navigate. Here’s what you need to know if you find yourself in this situation.
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