Health is perhaps the most important thing in life. Gandhi once said that “health is the real wealth.” Living as an expat in Cyprus means that you might experience health problems in a country far away from your country of origin. Comprehensive healthcare coverage would minimise risks and stress, ensuring that all problems would be dealt with efficiently. In this blog, we will scrutinise the options of the healthcare system in Cyprus and what expats should do to have the coverage they need.

Is there a public healthcare system in Cyprus?

Who can enrol in the GESY?

There are several categories of GESY beneficiaries. Below you can see the list:

• Citizens of the Republic of Cyprus and their dependants
• EU citizens and their dependants
• Non-EU citizens who have a permanent residence permit in the areas controlled by the Republic of Cyprus or have the right to equal treatment in the social insurance sectors and their dependants
• Refugees and individuals with the status of supplementary protection

How do I enrol in the GESY?

Online enrolment

The first step to access the said portal is to create an account via the Health Insurance Organisation website and activate it. Individuals will then be connected to the Beneficiary Portal and can proceed with the enrolment following the relevant instructions. The enrolment process requires that the interested party fills in specific fields in order to be identified in the abovementioned Registries. Additional information such as an address, phone number etc. will be requested.

Enrolment via personal doctor

If you don’t have access to the internet or you are not feeling comfortable completing the process online, you can visit a personal doctor who will do this for you. During the visit, individuals may also complete their registration on the personal doctor list.

It should be noted that full access to GESY services is given when the beneficiary is registered in the list of a personal doctor of their choice. Beneficiaries hold the right to change their personal doctor two times per year. The list of provided services can be found here.

How much are GESY contributions?

The main GESY source of financing is contributions. The GESY contribution is 2.65% of an employee’s gross salary, with the legislation capping the income to €180,000 per year. Employers contribute 2.90% to the salaries of every person employed by them. Pensioners and various income earners have to pay similar contributions as regular employees. Self-employed people are obliged to contribute 4.0% of their gross income to the GESY every month.

How do detached workers get healthcare in Cyprus?

Some expats work in Cyprus as detached workers. A detached worker (or posted workers as they are commonly known) is an individual, employed or self-employed in the UK, that has been sent to work in a European Economic Area (EEA) country for a brief period of time. 

Posted workers can access the Cypriot healthcare system via a GHIC, EHIC or an S-1 form. For more information, it would be best to contact the HMRC’s National Insurance Enquiries’ helpline for non-UK residents.

Who is eligible for an S1 form?

If you are a Cypriot resident receiving a UK State Pension or an exportable benefit from the UK, you may be eligible for state healthcare paid for by the UK.

In addition, if you are a worker on the frontier, you may be eligible to receive an S1 form (someone who works in one country and lives in another).

Can I apply for the S1 form online?

S1 forms can be requested electronically. If you would like to enjoy the benefits of having an S1 form, you can send an email to nhsbsa.ohsregistrations@nhs.net with your request.

In addition, according to the NHS website, you can get an application form for the S1 form provided by the Overseas Healthcare Services. 

Registering with the GESY with your S1 form

First, you need to register with the GESY using your S1 form. You can sign up for this either online or through your personal doctor.

A Cypriot medical card will be supplied to you when you register. Because of this, you will be able to get public healthcare with the same low co-payments as Cypriot citizens.

Always bring your health insurance card with you to the doctor.

Private healthcare options

Private healthcare services in Cyprus can be accessed by people who have taken out medical insurance policies. Of course, having medical insurance requires the payment of monthly or annual premiums that could weigh on your budget. If you want to make the right choice, we advise getting in touch with insurance experts such as our team of advisers at Holborn Assets, who are fully qualified to help you.

While Cyprus has an above-average healthcare infrastructure, sometimes patients prefer to travel to Israel, Greece or other EU countries where they could receive better treatment. Some insurance policies cover the expenses, so this is one more factor that you should take into consideration.

Replacing the EHIC with a GHIC

What does the GHIC cover in Cyprus?

With the GHIC, you’ll have the same access to Cypriot public healthcare as any other Cypriot citizen. It will pay for things like oxygen and kidney dialysis in addition to emergency care and visits to the emergency room, as well as normal medical care and maternity care.

In case of a medical emergency, you can use your GHIC to receive the necessary medical treatment in the EU. A GHIC doesn’t cover treatment from a private provider. It should be noted that a GHIC cannot be used in Norway, Iceland, Liechtenstein or Switzerland.

Healthcare in Cyprus and Holborn

With two offices in Limassol and Paphos and more than 50 independent financial advisers, Holborn Assets is the financial services provider you would want to have by your side during your life as an expat. Get in touch with us today!

FAQ SECTION

Is there a national healthcare system in Cyprus?

Launched in 2019, GESY (or GSH) is Cyprus’ national healthcare system.

Who can enrol in the GESY (or GSH)?

You should be able to submit an application for coverage if you are a registered citizen of Cyprus, regardless of whether you were born on the island or somewhere else.

Are visits to doctors totally free if I register for GESY?

Once a person has registered with the GHS or GeSY, they are eligible for free healthcare from general practitioners (GPs) and in-patient facilities.

How can I register for GESY/GHS?

There are two ways to enrol: a) online by using the portal or b) by visiting a personal doctor.

The post Healthcare guide for expats in Cyprus appeared first on Holborn Assets Cyprus.

Moving to Cyprus from the UK; have you ever thought about that? If you would like to change your lifestyle, live on one of the most beautiful islands in the Mediterranean Sea and enjoy the warm weather, Cyprus is the country for you. 

Our blog aims to share with you all the necessary information you need to know before deciding whether to move to Cyprus or not. Of course, Holborn’s advisers are just a phone call away if you need to learn more and understand which are the benefits of such a move. 

What you should know about Cyprus

 Cyprus is the third largest island in the Mediterranean region and is located at the eastern end of the Mediterranean Sea. Cyprus is an island that is abundant in history and culture.

The island has gained acclaim all over the world as a result of many factors, including its warm and sunny climate all year long, its historical significance and culturally diverse population, its proximity to the Middle East, and its strategic location at the easternmost point of Europe.

Cyprus is a popular destination for multinational enterprises because of the country’s modern tax policy, which has one of Europe’s lowest corporation tax rates and a range of tax benefits. Because of its favourable geographic location and year-round pleasant weather, Cyprus has emerged as one of the world’s safest and most stable countries.

After a lengthy and winding road that spanned more than three decades, the Republic of Cyprus finally became a full member of the European Union in May 2004. Cyprus joined the Eurozone four years later, making the Euro the country’s official currency.

What you need to know about visas in Cyprus

You may visit Cyprus visa-free for up to 90 days in any 180-day period. This applies if you are travelling as a tourist, to see family or friends, to attend business meetings, cultural or sporting events, or for short-term training or study. It should be noted that Cyprus is not a member of the Schengen area. 

If you plan to remain in Cyprus for longer than three months, you must register as a resident. You will receive a certificate of registration from the Ministry of the Interior, Civil Registry and Migration Division.

You can apply for a temporary residence permit, also known as a “pink slip,” which permits non-EU passport holders to prolong their stay in Cyprus beyond 90 days. Applicants must apply prior to the expiration of their visas. It is valid for an entire year and can be renewed annually. This permit allows a person to reside in Cyprus as a tourist without the right to work. Spouses and children under 18 are also eligible to apply.

If British nationals seek to migrate to Cyprus permanently, they, like other Non-EU nationals, can pursue alternative paths to get permanent residency in Cyprus.

It is possible for any Non-EU national, including British nationals, to apply for an immigration permit based on one of the Aliens and Immigration Regulations’ Categories:

• Persons who intend to work as self-employed in a trade or profession in the Republic
• Persons who have been offered permanent employment in the country which will not create undue local competition
• Persons who intend to work as self-employed in a profession or science in the Republic
• Persons who have fully and freely at their disposal a secure and regular annual income, which is high enough to provide a decent living in Cyprus

The Immigration Control Board reviews applications, and the Minister of the Interior grants final permission. The review and processing of applications take around 12 to 18 months. 

Five years of residence in Cyprus is required to apply for permanent residency (MEU3).

Cyprus Residency Visa

A wide range of investment options could earn you a permanent resident permit through Cyprus’s permanent residence scheme. According to the scheme’s rules, the permit does not need to be renewed if certain criteria are met. 

By investing in real estate  

Purchase of new immovable property with a total market value of at least €300,000 + VAT 

By investing in the Cypriot Investment Funds Association  

By investing EUR 300,000 in the Cyprus Investment Funds Association’s collective investments (AIF, AIFLNP, RAIF) 

By investing in a company  

Make a capital investment of €300,000 in a company registered and operating in Cyprus

Cyprus digital nomad visa

The Council of Ministers approved the introduction of the Digital Nomad Visa Scheme in Cyprus, allowing 100 residence permits to be given, according to the Cypriot Ministry of Interior. However, increased demand for visas compelled the Council to boost the total by 400, to 500. 

If you are a digital nomad, obtaining such a visa could be the best option for you to enjoy Cyprus whilst working remotely. Read our blog to learn more information about the Cyprus digital monad visa. 

Taxation in Cyprus

Individuals who have their primary residence in the Republic of Cyprus are subject to taxation on any income that is earned there, regardless of where the income originated.

A person who does not have tax residency in the Republic is only subject to taxation on income that is earned within the Republic or comes from sources located within the Republic.

Income taxes and corporate taxes are quite low when compared to the EU standards. Low taxes attract businesses from all over the world, making Cyprus one of the top financial hubs in Europe. 

For more information on the Cypriot tax system, you can read our detailed blog. 

Healthcare in Cyprus

If you wonder if there is a healthcare system in Cyprus, the answer is obviously yes, as it is in every member state of the EU. In the same manner, as the NHS in the UK, there is a public healthcare system. When looking for information about the healthcare system in Cyprus, you should search online using the acronym GESY, which stands for the national healthcare system.

After over 17 years of debate and discussion in the Parliament of Cyprus, the GESY was finally implemented in 2019. The website for GESY describes it as a contemporary healthcare system that places an emphasis on the patient and has as its primary mission the provision of high-quality medical services to beneficiaries.

There are several categories of GESY beneficiaries. Below you can see the list:

• Citizens of the Republic of Cyprus and their dependants
• EU citizens and their dependants
• Non-EU citizens who have a permanent residence permit in the areas controlled by the Republic of Cyprus or have the right to equal treatment in the social insurance sectors and their dependants
• Refugees and individuals with the status of supplementary protection

For more information on the Cypriot healthcare system, you can read our detailed blog. 

Moving to Cyprus? Ask Holborn

Holborn’s experts are ready to assist you in making that move, and they have offices in both Limassol and Paphos to better serve you. Building a financial strategy to achieve your objectives with as little risk as possible is something that our team is able to assist you with.

Up to this point, more than 20,000 customers have placed their confidence in our company, and this number continues to rise year after year. Why don’t you get in touch with us so that we can talk about your choices while keeping only your needs in mind?

The post Moving to Cyprus from the UK: The Ultimate Guide appeared first on Holborn Assets Cyprus.

The term “digital nomad” went viral two years ago when the Covid-19 pandemic took the world by storm. Companies turned to remote working as employees were not allowed to work in offices as they used to do. As a result, employees who could work using just their laptop and a high-speed internet connection seized the opportunity to move into rural areas or even other countries. 

Moving to another country to work however requires a visa. As the mobility of digital workers increased during the pandemic, some countries created a special digital nomad visa to make things easier for the digital nomad community. In this blog, we will share with you information on the Cyprus digital nomad visa and how you can obtain it. 

What is a digital nomad visa?

According to Investopedia “it is a document or program that gives someone the legal right to work remotely while residing away from their country of permanent residence. It should be noted that a digital nomad visa does not mean that it is only restricted to people such as online entrepreneurs for example. This type of visa could be ideal for remote workers who would like to delve into the digital nomad lifestyle if their profession and employer allow it.

Why should you move to work in Cyprus?

The question that quickly comes up is why should you live as a digital nomad in Cyprus. The answer is that there are many reasons to do that. For many decades Cyprus has been a popular location for expats who want to enjoy island life, the Mediterranean culture and more than 300 days of sunshine. 

Cyprus is one of the few European countries that are both members of the European Union (EU) and the Commonwealth. It is considered one of the safest countries on the continent with a low cost of living when compared to countries such as the UK, France and neighbouring countries. Cypriots are known for their relaxed lifestyle which combined with the warm weather and the stunning coastline makes the island a favourite destination for tourists as well as professionals. 

Applying for a Digital nomad visa in Cyprus

According to the Cypriot Ministry of Interior, the Council of Ministers approved the introduction of the Digital Nomad Visa Scheme in Cyprus, allowing 100 residence permits to be issued. However, the demand for more visas forced the Council to increase the number by 400, reaching 500. 

Who can benefit from the visa?

A digital nomad visa comes with a lot of benefits. Third-country nationals who were born in a non-EU or non-EEA country can benefit from the digital nomad visa scheme. Below you can read some examples of professionals who could take advantage of the digital nomad visa program. 

Individuals who can perform work remotely using an internet connection

Professionals employed in a company registered abroad, for which they can work location-independently, or are self-employed offering services remotely for clients located abroad

Professionals who can provide relevant proof that they have stable and sufficient monthly net income of at least €3500 (after the deduction of contributions and taxes)

Successful applicants are allowed to remain in Cyprus for a maximum of one year, with the option of an additional two-year extension. The family members who accompany them can be given a temporary residency permit that expires at the same time as the visa of the family’s primary financial backer. However, it should be noted that family members are not allowed to engage in any economic activity in Cyprus. 

People who reside in the country for one or more periods totalling more than 183 days within the same tax year are considered tax residents of Cyprus. This means that they can take advantage of the low tax rates, especially the income tax which is among the lowest in the European Union. 

Which are the digital nomad visa requirements in Cyprus?

Within 3 months of arrival, the applicant should submit the relevant application along with the required documents. Below you can read the requirements:

Valid Passport – Must be valid for at least 3 months after your arrival in Cyprus
Proof of Employment – Remote Work – Employment contracts or business documents proving you work remotely
Earn at least 3,500€/month net income
Proof of Income – Submit certified bank statements proving your income
Proof of Health Insurance – You need at least 30,000€ coverage in health insurance coverage 
Criminal Background Check – You must submit a certified background check from your country of origin
Proof of Accommodation – A rental agreement or proof of sale for your home in Cyprus

 How to apply and how much does the digital nomad visa cost?

The application process is straightforward. After you have collected the requested documents, you should get in touch with the local Cyprus embassy or consulate to arrange a date for the application submission. You can submit your application personally or through an authorised representative.

The application fee is 70 euros if you want to issue or renew a temporary residence permit. If this is going to be the first time you register, there is one more fee of 70 euros for your registration to the Aliens’ Registry. The time of the application examination is between 5 – 7 weeks. For more information, please head over to the Civil Registry and Migration Department’s webpage. 

Becoming a digital nomad with Holborn Assets Cyprus

Remote work visas have become a trend. Visa holders enjoy the opportunity to work in the country they prefer without having to worry about immigration office rules etc. If you have the freedom to work remotely living in a country such as Cyprus, the digital nomad visa gives individuals with sufficient funds a great new option.

With 2 offices in Limassol and Paphos, Holborn’s experts are ready to help you make that move. Our team can help you with building a financial plan to achieve your goals with as little risk as possible. More than 20,000 clients have put their trust in us until now with the number growing year by year. Why don’t you get in touch with us and let’s discuss your options with only you in mind? 

The post How to get a digital nomad visa in Cyprus appeared first on Holborn Assets Cyprus.

Managing your investments while living as an expat in another country or even continent can be a riddle to some. Dealing with an investment portfolio is never an easy task. If you add to the mix the distance of hundreds or thousands of kilometres, management could become confusing and complicated. In this blog, we will share 4 investment tips to make your life a bit easier and reduce stress.

Nevertheless, there are ways to manage your portfolio in a way that would be profitable for you even if you live far away from your country of origin. All that is required is thorough research and good preparation, which you can do yourself or with the help of a qualified financial adviser. 

Know your tax status

Taxes never bring smiles. On the contrary, declaring your income equals loss of funds that you could use elsewhere. Things could get worse if you make a mistake when you file your tax return. This is the reason why we suggest asking the help of an experienced financial adviser that would surely save you some money.

Being an expat makes things more difficult as you should know details about taxation in every country that you hold investments. In some countries, you are required to declare your worldwide income; in others this is not needed. However, failure to comply with each country’s tax rules means that there will be penalties which is surely something you want to avoid. Things become easier if you have an experienced and qualified financial adviser by your side to give you the right information.

What about investing in property

One of the more profitable and stable investments for many years is property. Brick and mortar investments are always considered one of the pillars of a well-planned portfolio. Even the riskiest investors tend to have a part of their funds invested in real estate to act as a safeguard in case of market fluctuations.

Property is an ideal investment for most expats. It is resilient even during a financial crisis plus it doesn’t need constant monitoring as other types of investments. It can also be easily repurposed whether you want to rent it or live in it. With interest rates at an all-time low, this could be the moment to add an asset such as this to your portfolio.

Pay attention to exchange rates

Exchange rates may work in favour but also against your financial plans. Unfortunately, many expats don’t realise the importance of exchange rates and how they affect their budgets. As expats sometimes get paid in US dollars, British pounds or euros, they tend to forget that local currencies may strengthen or weaken depending on the market conditions.

Another factor that should be considered is the cost of conversion which can be high if expats do not monitor rates and charges of the service they use. Living abroad means that expats often convert a part of their funds to other currencies, so finding the right provider is quite important.

Consult an independent financial adviser

The financial world is rapidly changing so today’s opportunities might be tomorrow’s money pits. Even though it is very easy to get access to financial information via the internet and other sources, the ability to filter it and use it in a constructive way is the difficult part of building a solid financial plan. Working abroad and not in your home country means that you face more obstacles as there could be different rules and regulations that could weigh in on your financial plans.

The best way to reduce risks is to consult a financial adviser. You will have to find who has the necessary qualifications and experience to help an expat. This might not be an easy task, but once you get in touch with the financial adviser of choice, things will become easier as you will be receiving accurate and qualified advice. Expats should know that there are professionals with many years of experience who can design solid investment plans according to your budget and goals.

Put your trust in Holborn

At Holborn, we have a wealth of experience, successfully working with clients for over twenty years to reach their financial goals. Our team of experts can provide detailed, bespoke advice and investment tips based on your situation and needs. Our global complement of 200+ independent financial advisers deliver top quality, globally-compliant services locally to clients in Dubai, Malaysia, Vietnam, Hong Kong, South Africa, the United Kingdom, Spain and Cyprus.

Get in touch with us today by filling in the contact form below and let’s build your future together.

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Until December 30^th 2020, UK expats living in Cyprus could freely use their driving licence as the UK was a European Union (EU) member. With the UK having left the bloc on January 1^st 2021, some expats wonder if they can still use the UK driving licence in Cyprus. The issue has created confusion as expats are afraid that a random police check could incur a fine.

In our blog, we will clarify what UK expats should do with their driving licences now that they are third-party nationals in the EU.

How long can you use the UK driving licence when in Cyprus

Nationals coming from EU/EEA countries have the right to use driving licences issued in the countries for six months. After the six-month period, they are obliged to exchange their licences with a Cypriot one.

The Ministry of Road Transport in Cyprus states that drivers can continue to use their UK licence without exchanging it until July 7^th 2021. If you hold a licence from Gibraltar, Jersey, Guernsey or the Isle of Man, you may need to take a test.

The Republic of Cyprus also recognises licences issued by the countries listed below:

Australia, Canada, Georgia, Iceland, Japan, Liechtenstein, New Zealand, Norway, Russia, Serbia, South Africa, South Korea, Switzerland, Ukraine, the United Arab Emirates, the United States of America and Zimbabwe.

How to exchange the UK driving licence and which docs are needed

Below you can find the list of documents that you have to include in the licence exchange application:

• 6 x copies of utility bills
• 1 x copy of MEU1-2-3 form
• 1 x copy of passport
• 1 x copy of the old driving license plus the original card
• 2 x passport photos
• 1 x TOM 7D application form

Cypriot authorities require people above 65 years old to have valid medical insurance. The licence exchange costs nothing for the over-65 group of people, but for people under-65 the cost is €40.

Drivers are issued with a temporary paper licence It takes approximately 25 days for the new licence to be prepared. Once the Cypriot driving licence is ready, the Road Transport Department notifies the applicant that the document is ready for delivery.

Below you can find a list of the Road Transport Departments:

Nicosia

Vasileos Pavlou 27, 2412 Egkomi

Tel: +35722807000

Limassol

Koroivou, Polemidia, 3112 Limassol

Tel: +35725870443

Larnaca

Acropoleos Avenue 13, Aradippou Industrial Area, 7101 Aradippou

Tel: +35724813114

Paphos

Mesogi Industrial Area, 8061 Mesogi

Tel: +35723815165

Expat living in Cyprus? Get in touch with Holborn now

Moving, living and working in a new country is not an easy task. Living as an expat in Cyprus means that you would have to prepare yourself for new processes and habits. Managing your finances in the best possible way is of utmost importance as it would ensure that you enjoy the living standards you deserve.

Our team of experienced and fully qualified advisers is ready to listen to your financial goals and design a plan to help you achieve them. With more than 20 years of experience in the competitive financial services sector, the Holborn team is the team you want to have by your side every step of the way.

The post Using your UK driving licence in Cyprus appeared first on Holborn Assets Cyprus.

You can’t start saving early enough for your kids’ education!

Property investment opportunities – Britain?

The post How to Make the Most of Tax-Free Earnings appeared first on Holborn Assets Cyprus.

Looking to become an expat? Holborn Independent Financial Advisors (IFAs) in your new country of residence can help you out. All international Holborn offices offer a no-obligation financial review to new expats. 

Financially, there’s so much to get sorted out when becoming an expat. Not only do you need to review all aspects of your big financial picture, which can be overwhelming, but you can’t just do this by simply following a checklist you’ve found online. What you need to do to protect your family’s financial future will depend heavily on your exact circumstances, so you need qualified advice as a priority. 

Get in touch with Holborn before you go to get your expat finances right from the beginning.

Key expat priority – tax!

Managing your tax situation is the key priority for new expats. Maybe the very reason you are leaving your home country is to take advantage of lower income tax in your new country of residence. Great! But there’s far more to tax than income tax if you are planning to move abroad. You’re going to have a complex web of cross-border tax obligations – and opportunities! 

IFAs working in expat markets excel at getting your international tax situation straight across your pensions, investments (including property), mortgages and estate planning:

Income tax

Whatever your country of origin, you will need to notify your tax authorities that you are leaving. Otherwise, you might end up paying tax on income and/or investments twice – once in your home country, and once in your new country of residence. Tax rules differ from country to country. Find out whether your home country has a Double Taxation Agreement (DTA) with your new country of residence. 

Taking in your new cross-border status, you need to know for certain what tax rules apply, how they work together, and how you can make the best of them. A local IFA in your new country of residence can offer reliable support in this key area.

Pensions

Tax is a key consideration in the area of pensions. If you have a state pension (as UK citizens do, for example), you will need to clarify how that works for expats. 

But what about your work pension? Expertsforexpats.com point out that, “As an Expat, depending on your plans, you may have unique opportunities available to you and an adviser will be able to discuss each of the options enabling you to make a decision.”  As a UK citizen, you can move your pension pot from a workplace Defined Benefit pension into a variety of overseas arrangements and unlock great tax benefits. In the UK as in other countries, managing exposure to inheritance tax can be tackled by prudent reframing of your pension (into a SIPP, for example). 

Moving pension schemes is a huge step requiring professional advice, and not one that is not often recommended (that’s certainly what Holborn IFA statistics point to). Transferring your pension might work for your financial situation, or it might not. The only way to find out is to ask an IFA or other pension specialist.

Investments

Any lump sum investments you have will need to be checked for their tax efficiency, as well any property you retain in your country of origin or elsewhere. As an expat, your investment taxation will become more complicated. But you will also enjoy access to opportunities that non-expats do not have. Offshore banking and investment often makes sense for expats; there is an old rule of thumb that says “If your Country of Origin is A, and your new Country of Residence is B, then you should keep your money in Country C.”

Mortgages

Often expats rent when they first arrive in their new country of origin, and take a while to check out the property market. But you can get going sooner if you like. You can arrange a mortgage in your new country of residence remotely via a local mortgage broker. Holborn, for example, offers an experienced mortgage desk at our Dubai HQ that has been successfully arranging mortgages in the complex UAE market for getting on 20 years. Local knowledge counts – so use it as soon as you arrive, or even before leaving!

Estate Planning

Are you planning to retire in your new country of residence? Or like many UK expats, for example, retire back home? You need to decide now what your endgame plan is, and work towards it. Whatever your plan, be sure to get a new Last Will and Testament drafted in your new country of residence. In the UAE, for example, expats can get wills drawn up in international common law with the DIFC Wills & Probate Registry.

The post 5 Tax Considerations for Expats appeared first on Holborn Assets Cyprus.

The 1.3m British expats living in the EU face a nail-biting wait as the UK hovers, until the 31st March, on the brink of the Brexit cliff edge.

Deal

If the Withdrawal Agreement holds …

No deal

If the current political stalemate continues and no Brexit deal is reached…

As a Brit expat in the EU, how should I prepare for No Deal?

Brexit – Timeline

Summary

The post How Will Brexit Affect British Expats in the EU? appeared first on Holborn Assets Cyprus.

So what is a Third Culture Kid (TCK)?

What can a TCK expect?

What makes TCKs special?

International Schools & TCKs

Why TCKs make great employees

Famous TCKs

The post Why expat kids have better careers appeared first on Holborn Assets Cyprus.

In a fix with your NICs?

To NIC or not to NIC?

• Check your NICs at the official UK Government NICs site – but first discover what you’ll need to get up and running with Holborn’s popular walkthrough (updated 2018) of the official NICs site.
• Go to the official UK Government 2018 Check My UK State Pension site.

Do UK expatriates generally make National Insurance Contributions (NICs)?

Can I make NIC payments when living abroad?

Important: UK State Pension Top Up Scheme

Voluntary NI contributions from outside the UK

NIC and UK State pension advice for expats

The post Should you be paying National Insurance as a UK Expat? appeared first on Holborn Assets Cyprus.