Articles

Expat Focus Brexit News Update June 2020

As the summer progresses and Covid finally starts to recede (or so we may cautiously hope), Brexit is once more coming to the forefront of some people’s minds. The pandemic has slowed negotiations – some commentators say that this has

Expat Focus Financial Update June 2020

Hong Kong’s expats are asking whether they should stay in the city state or go, after problems caused by Covid, political unrest and the continued high cost of living. The latest survey from global consultancy firm Mercer, which analyses the

How To Open A Bank Account in Ireland

If you are moving to Ireland, then you will need to consider your options with regard to banking. For example, you may want to maintain an existing account in your home country, which can be useful if you are intending

How To Open A Bank Account In Indonesia

The currency in Indonesia is the Rupiah (currency symbol IDR: £0.000055, US$0.000067, €0.000062). Banking in Indonesia is regulated by the Bank Indonesia (BI). There are 120 Indonesian banks, four of which are state owned. There are also foreign and international

How To Open A Bank Account In India

When India gained independence and was established as a republic, the Rupee (currency code: INR, symbol: ₹, and equivalent to: £0.011, $0.013 or €0.012) was adopted as the sole currency. The banking sector is regulated by the Reserve Bank of

How To Open A Bank Account In Iceland

When Iceland’s banking system collapsed in the 2008 financial crisis, the government let the banks go bankrupt, rather than bailing them out, and secured a loan from the International Monetary Fund (IMF). In addition, the government guaranteed in full all

How To Open A Bank Account In Hungary

Although Hungary is a member of the European Union, it is currently outside of the eurozone. However, it is expected to adopt the euro by 2022. The official currency is the forint, which is abbreviated as HUF or Ft (it

How To Open A Bank Account In Hong Kong

In terms of banking, there are a few options open to expats living in Hong Kong. For example, some choose to maintain an existing account in their home country, which can be useful for things like paying recurring bills back