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☆ Tips for American expats from a financial advisor who helps clients move abroad
▼ + stars: | 2023-04-03 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +3 min

"There are a certain number of people who can work remotely and permanently," which has opened the doors to living abroad, said Boudreaux, who is a certified financial planner and a member of CNBC's Financial Advisor Council. Roughly 9 million U.S. citizens were living abroad in 2020, according to estimates from the U.S. Department of State. Income reporting requirements add complexityOne of the key things prospective American expats need to consider is the yearly tax filing requirements, Boudreaux said. While living abroad, you must pay annual U.S. income taxes on worldwide earnings, including your salary, business profits, investment income and more. The yearly tax reporting requirements have even led some expats to consider renouncing their U.S. citizenship, according to a 2022 survey from Greenback Expat Tax Services.

☆ UAE leader breaks with tradition, appoints son as crown prince
▼ + stars: | 2023-03-30 | by ( Natasha Turak | ) www.cnbc.com time to read: +4 min

Sheikh Khaled bin Mohammed bin Zayed Al Nahyan, the UAE leader's eldest son, is now the oil-rich Middle Eastern country's crown prince, effectively next in line for its leadership. Sheikh Tahnoon was already named chair of the $790 billion Abu Dhabi Investment Authority, the emirate's main sovereign wealth fund, earlier in March. Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of the Emirate of Abu Dhabi. He described the decision as "formalizing the leverage Abu Dhabi has over Dubai, and how little Dubai will be allowed to say in foreign policy." Prime Minister and Vice-President of the United Arab Emirates and ruler of Dubai Sheikh Mohammed bin Rashid al-Maktoum attends the Global Women's Forum in Dubai, United Arab Emirates, February 16, 2020.

☆ Gen Zers are basing their travel plans on where TV shows like 'The White Lotus' are set
▼ + stars: | 2023-03-24 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

Gen Zers and millennials are turning to movies and TV shows for travel inspiration in a trend dubbed set-jetting. This includes a boom in bookings for the hotels in Hawaii and Italy "The White Lotus" was filmed at. In particular, travelers have been scrambling to visit the resorts where the first two seasons of HBO's hit "The White Lotus" were set. When season one was broadcast, web traffic to the Four Seasons Maui resort increased 425% year-over-year, Four Seasons told Bloomberg. To visit the Taormina hotel for a week in July, many of the lower-priced options have already sold out and two-person rooms start at around $3,500 per night.

☆ A 50% rent increase? Record property demand in Dubai is creating a nightmare for some residents
▼ + stars: | 2023-03-10 | by ( Natasha Turak | ) www.cnbc.com time to read: +8 min

Beyond the property market, Dubai's economic boom is evident in everyday life. The Dubai International Financial Centre (DIFC) area of Dubai, United Arab Emirates, with the Burj Khalifa in the backdrop, Sept. 16, 2022. Property prices have, too — CBRE says that selling prices are up 11.5% on average in the year to February 2023. Christopher Pike | Bloomberg | Getty ImagesAccording to CBRE's research, in the year through February 2023, average Dubai rents increased by 27.7%. In the meantime, no one expects property prices to ease up anytime soon.

☆ Brazil's Jair Bolsonaro addressed right-wing activists at Trump resort in Miami amid calls for him to be ejected from the country
▼ + stars: | 2023-02-04 | by ( Charles R. Davis | ) www.businessinsider.com time to read: +2 min

Former Brazilian President Jair Bolsonaro addressed right-wing activists at a Trump resort on Friday. Bolsonaro did not address how long he plans to extend his stay in Florida. Instead of going back, however, the right-wing politician has sought to extend his stay in the United States, to the chagrin of Democrats and others who want him ejected. On Friday, Bolsonaro beamed as supporters cheered him at a campaign-style event organized by Turning Point USA, a youth-oriented conservative activist group, and hosted by the Trump National Doral golf resort in Miami. "Liberty is like a great love, we must care for it every day," Bolsonaro said, addressing the crowd through a translator.

☆ A couple who moved from the US to Costa Rica and saves $1,500 a month thinks more Americans should move abroad
▼ + stars: | 2023-01-27 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +5 min

Zach Gerth recently moved to Costa Rica, a small country in Central America with many English speakers. Zach Gerth and Anna Sosdian's Costa Rican home. Courtesy of Zach Gerth. Courtesy of Zach Gerth. Courtesy of Zach Gerth.

☆ I left Manhattan for LA. It's easier to make friends, my cost of living is lower, and I'm so much happier here.
▼ + stars: | 2023-01-18 | by ( Daniel Zahler | ) www.businessinsider.com time to read: +14 min

I got the full New York City experienceI lived in Manhattan for 12 years. In 2015, I decided to sublet my West Village pad and spend the winter in Santa Monica. Santa Monica is one of the priciest areas of California, but it's still cheaper than Manhattan. Today I'm paying $3,000 a month for a spacious apartment in the heart of Santa Monica with amazing views of mountains and palm trees. New York City is unrivaled in its energy and diversity and is the major league of cities — truly world-class.

It was totally avoidable.”Now, Bolsonaro is in Orlando, where he has supporters among the state's growing number of Brazilian Americans. After Bolsonaro's loss, unfounded claims of election fraud, reminiscent of those in the U.S., began to surface in Brazil. Bannon had said prior to the Brazilian election that Bolsonaro would lose only if “the machines” steal the election. Leading to the presidential elections in Brazil, Trump allies exported many of the former president's campaign strategies to the Latin American country. After Bolsonaro's October loss, tens of thousands of supporters began camping outside military facilities throughout Brazil to protest his loss.

☆ Worried about a gap in your resume? This small tweak could result in more job callbacks
▼ + stars: | 2023-01-04 | by ( Jennifer Liu | ) www.cnbc.com time to read: +3 min

Worried about a career gap in your resume? Turns out, there's a pretty easy workaround that's been scientifically proven to lead to more job callbacks. Previous research has shown that hiring managers discriminate against candidates who have a break in their resume. Researchers were focused on seeing the impact for working mothers and tested resumes with no career break, resumes with an unexplained career break, and resumes with a break and brief explanation that they left the labor force to care for children. The new tenure format "draws attention to the applicants' job experience while also obfuscating employment gaps by omission."

What people do to their bodies is their own business, but the ubiquity of injections, fillers and surgery in Hollywood creates a trickle-down problem. The longer you stare at your own face, the more you see how you don’t look like your favorite actor — or influencer. In another catch-22, stars also risk backlash if they do get cosmetic surgery — or if fans believe they have. Bullock, like Kidman, has previously denied getting plastic surgery (although she has talked about using something called Epidermal Growth Factor). Steroids have the same pernicious impact in Hollywood as cosmetic surgery, artificially elevating physical expectations and increasing peer pressure to keep up with the new standards.

London/Abu Dhabi CNN —Dubai has scrapped a 30% tax on alcohol and will no longer charge tourists or expats for permits to buy alcoholic drinks as the emirate tries to attract more foreign workers and visitors in the face of growing regional competition. Two major retailers in the city, located in the United Arab Emirates (UAE), said they had slashed their prices to reflect the tax cut. MMI, one of Dubai’s biggest alcohol retailers and a subsidiary of the state-owned Emirates group, has 21 stores across the city, according to its website. Muslims are prohibited from acquiring licenses for purchase of alcohol in Dubai. The sale of alcohol in the UAE is already more liberalized compared to neighboring Gulf countries.

"I can confirm a shipment of the BioNTech vaccine is on its way to China," the person told journalists in Berlin. In return, Chinese citizens in Europe can be vaccinated with China's SinoVac (SVA.O), the spokesperson said. Experts predict that the country of 1.4 billion people could face more than a million COVID deaths next year. China is stuck between rising Covid-19 cases and stalled vaccination ratesNO WESTERN SHOTSChina has nine domestically developed COVID vaccines approved for use, more than any other country. While the shots became available in Hong Kong, Macau and Taiwan, the regulatory review for mainland China has not been concluded.

☆ Roughly 1 in 3 workers is worried about a layoff—here's where anxiety is highest
▼ + stars: | 2022-12-19 | by ( Jennifer Liu | ) www.cnbc.com time to read: +4 min

Layoffs are getting loud, and workers are stressing out. Roughly 1 in 3 U.S. workers, 31%, say they're concerned their company is planning budget cuts or layoffs, according to a recent LinkedIn Workforce Confidence survey, which includes data from 21,000-plus professionals from September to December. Other lines of work, like business admin, policing, social work and accounting, are also necessary to keep daily life running. Anders notes that these workers can be considered society's problem solvers: "Think of them as a recession's essential workers." As workers lose confidence in their job security, we could see fewer people quitting in droves each month, economists say.

☆ Workers around the world say this is the best U.S. city for expats
▼ + stars: | 2022-12-11 | by ( Jennifer Liu | ) www.cnbc.com time to read: +3 min

Around the world, people agree that the best U.S. city to try living and working abroad is Miami, Florida. Not too far behind is New York City, which ranks 16th out of 50. The South Florida city didn't rank so well in the survey's "working abroad" index. Still, an overwhelming majority, 85%, of expats living in Miami are happy with their life in general, as well as 74% of expats in New York, compared with the 71% global average. 1 city for expats to live and work abroad in 2022, followed by Dubai and Mexico City.

☆ China to allow German expats to use German COVID-19 vaccines
▼ + stars: | 2022-12-10 | by ( ) www.reuters.com time to read: +1 min

BEIJING, Dec 10 (Reuters) - The Chinese foreign ministry said China and Germany had reached an agreement on providing "German vaccines" to German nationals in China, after the German Chancellor recently said that BioNTech's COVID-19 vaccine would be used by German expatriates. Relevant arrangements will be discussed and determined by the two sides through diplomatic channels, Mao Ning, a spokeswoman at the Chinese foreign ministry told reporters on Friday at a regular press conference. On Nov. 4, German Chancellor Olaf Scholz, on his visit to Beijing, announced an agreement to let expatriates in China use the COVID-19 vaccine from Germany's BioNTech. BioNTech's (22UAy.DE) COVID vaccine would be the first non-Chinese coronavirus vaccine to be administered in China, although to just German nationals, as Beijing had until now insisted on administering domestically produced vaccines. Reporting by Ryan Woo; Editing by Himani SarkarOur Standards: The Thomson Reuters Trust Principles.

☆ United Arab Emirates ranked as having the best passport in the world
▼ + stars: | 2022-12-07 | by ( Natasha Turak | ) www.cnbc.com time to read: +3 min

GIUSEPPE CACACE/AFPDUBAI, United Arab Emirates — The United Arab Emirates is ranked as the world's number one passport to hold in terms of mobility and freedom from travel restrictions, according to the latest publication of the Passport Index, a global ranking by Montreal-based citizenship financial advisory firm Arton Capital. They need a visa for just 19 countries, meaning they're able to access 91% of the world's countries without having to apply for a visa before traveling. The U.S. passport's "world reach" is calculated at 83% of the world's countries, compared to the UAE's 91%. "The Mobility Score is how the power of a passport is measured in the Passport Index," it added. People walk on the Pedestrian Bridge at the Bluewaters Island in Dubai, United Arab Emirates, December 08, 2021.

☆ 6 of the 10 worst cities in the world for expats to live in are in Europe — see the list
▼ + stars: | 2022-12-01 | by ( Marielle Descalsota | ) www.businessinsider.com time to read: +1 min

Networking site InterNations has released its latest ranking of best and worst cities for expats, and Europe accounts for some of the best cities — and some of the worst. Alexander Spatari/Getty ImagesInterNations surveyed almost 12,000 expats living in 181 countries from February 1 to February 28. Expats surveyed included foreign assignees, international hires, and individuals who relocated to other countries to look for work. InterNations said what stood out to the expats surveyed was the affordability of public transportation and how safe they felt in the city. Keep reading to see the list of the worst cities in the world for expats to live in.

☆ This Spanish city is the No. 1 place to live and work abroad―and it's about to get easier to become a digital nomad there
▼ + stars: | 2022-12-01 | by ( Jennifer Liu | ) www.cnbc.com time to read: +3 min

Valencia, Spain, is the No. 1 city for expats to live and work abroad in 2022, according to a survey of more than 12,000 respondents from InterNations, an online expat community with more than 4.5 million global members. Among expats, Valencia earns the top spot for being "a safe place with an excellent climate, a vibrant nightlife and culture, a pleasant urban environment and great travel opportunities" while still being "fairly affordable," says InterNations founder Malte Zeeck. It could become the next big hotspot for non-European digital nomads to relocate, too. The Spanish parliament recently passed the so-called Startups Act, intended to boost entrepreneurship and diversify the economy, which includes creating a new type of visa for digital nomads expected to launch in January 2023.

☆ Sam Bankman-Fried took plenty of blame for FTX's downfall, but denied fraudulent behavior
▼ + stars: | 2022-12-01 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

And while I've got you here, it's time to start thinking about gifts with the holidays season in full swing. Do you know what's an informative, funny gift that has a long shelf life and, most important of all, is free? FTX Cryptocurrency exchange CEO Sam Bankman-Fried at a hearing on Capitol Hill on May 12, 2022. But the main attraction at The New York Times DealBook Summit on Wednesday was Sam Bankman-Fried. And frankly conflict of interest risk," SBF said.

☆ These are the best cities to live in overseas around the world, according to expats. No US cities come in the top 10.
▼ + stars: | 2022-11-30 | by ( Grace Dean | ) www.businessinsider.com time to read: 1 min

Thousands of expats shared their thoughts on what it's like living and working abroadHarald Nachtmann/Getty ImagesValencia on Spain's east coast is the best place for expats to live and work, according to a new survey. InterNations polled close to 12,000 respondents on what it's like living and working abroad for its Expat City Ranking 2022. The respondents were asked questions about how they'd settled in, what the jobs prospects were like, and how they'd found the quality of life in their new city. Here are the top cities for living and working in as an expat.

☆ The top 10 cities to live and work abroad this year
▼ + stars: | 2022-11-29 | by ( Jennifer Liu | ) www.cnbc.com time to read: +1 min

Workers looking for an outstanding quality of life and low cost of living are flocking to Valencia, Spain, which has been ranked the No. 1 city for expats to live and work abroad in 2022. It's pretty easy for remote workers from other European Union countries to move to Spain without applying for a visa or work permit, Zeeck adds. Expats in second-place Dubai, meanwhile, enjoy a thriving social scene as well as good job prospects and a creative business culture. Here are the top 10 cities for expats living and working abroad, and how residents feel about their home away from home.

CNN —The World Cup match between Portugal and Uruguay was briefly interrupted by a pitch invader waving a rainbow flag on the field at the Lusail Iconic Stadium on Monday. A pitch invader runs onto the pitch wearing a t-shirt with a message saying: 'Respect for Iranian Woman' on the back and holding a rainbow flag. Molly Darlington/ReutersThe participation of Iran, who play the US Men’s National Team on Tuesday in a Group B match, in the World Cup has been played out against the backdrop of the country’s domestic turmoil. Meanwhile the issue of LGBTQ+ rights in Qatar has also been a constant theme at the World Cup. The victory means that Portugal has advanced to the next stage of the World Cup with a game to spare whereas Uruguay needs a victory from its final game against Ghana to have any hopes of progressing.

☆ World Cup: Soccer fans stopped by security officials for wearing rainbow-colored items as LGBTQ+ rights issue won’t go away at Qatar 2022
▼ + stars: | 2022-11-26 | by ( Exclusive | Ben Church | ) edition.cnn.com time to read: +8 min

Doha, Qatar CNN —The World Cup is well underway in Qatar, but issues surrounding LGBTQ+ rights for the Gulf state, world soccer governing body FIFA, teams and fans just won’t go away. Once outside Stadium 974, Kunkel put the rainbow-colored armband and wristband back on and walked through security. Kunkel then told CNN he was stopped four more times before being allowed to take his seat inside the stadium wearing the rainbow-colored items. Bengt Kunkel wearing the rainbow-colored armband inside Stadium 974 on Saturday, November 26. “It’s so annoying they do this,” Kunkel told CNN.

Soccer’s global governing body has found itself at loggerheads with seven European nations over the threat of sanctions for any player wearing a “OneLove” armband during games. Kane (right) wears the "OneLove" armband during the Nations League game between England and Italy on September 23. So that’s why we chose to do this.”Belgian Foreign Affairs Minister Hadja Lahbib wears a "OneLove" armband in the stands. Germany's players pose with their hands covering their mouths prior to their World Cup game against Japan. The “OneLove” armband is not the only instance of attire being scrutinized at the World Cup.

CNN —Ahead of England’s World Cup clash with the United States on Friday, world soccer’s governing body FIFA said that Crusader costumes worn by England fans are “offensive.”Some England fans attend sports events dressed as the English patron Saint George, equipped with helmets, crosses and plastic swords. FIFA told CNN: “Crusader costumes in the Arab or Middle East context can be offensive to Muslims. Video Ad Feedback Hear from US journalist who was detained for wearing a rainbow shirt in Qatar 03:36 - Source: CNNThe rainbow flag is a symbol for LGBTQ rights, and in Qatar homosexuality is illegal. It’s not allowed.”“One security guard told me that my shirt was ‘political’ and not allowed,” Wahl wrote on Substack. The Welsh Football Association (FAW) said FIFA told the federation on Thursday that rainbow-colored flags and hats would be permitted at World Cup stadiums in Qatar.

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