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Top ten global accountancy firm becomes major sponsor of world’s largest expat survey

I-World Research, originators and distributors of the world’s largest annual study of those residing outside of their country of origin, has announced that Moore Stephens is now an official sponsor of The Expat Survey .com

This is a major coup for I-World Research, the Intel Unit for international advertising agency Max Media, as Moore Stephens is one of the leading global accountancy firms and is renowned for its portfolio of ultra-high net worth clients.

The firm sees this association as the perfect opportunity, via their sponsorship, to tap into an expatriate market that is growing as global mobility escalates. These tend to include those seeking better lifestyles and retirees, right through to large groups of individuals relocating to a country outside of their origin to expand their career path.

Culture, religion, tradition and language, as well as media engagement, consumer habits and access to technology all play a part in connecting with a customer in a way that is specifically relevant to them as individuals. Being able to communicate with people as individuals is a major benefit of partners such as Moore Stephens, to The Expat Survey.

Emma Wood, founding and project director for I-World Research says of the new association, “We are of course thrilled that a company as renown as Moore Stephens has joined the ranks of The Expat Survey as a major sponsor. The dynamics of serving global nomadic segments are complex, but if companies understand these customers and how to deliver services that are relevant to them then there is great value to be achieved for both the supplier and particularly the customer.”Gill Smith, Head of Private Client Services at Moore Stephens London said, “As a top 10 accounting and advisory firm, we are aware of the challenges facing expatriate individuals. We offer bespoke tax and wealth management solutions to those living abroad or thinking of moving abroad. We are delighted to collaborate with the Expat Survey and hope the partnership will further assist us in understanding the needs of our expatriate clients.”

Moore Stephens’ success stems from their in-depth understanding of clients that allows them to deliver focused accounting and advisory solutions, both locally and globally. Leveraging their sponsorship with The Expat Survey and tapping in to the expertise of the Max Media International team that run it, will enable the firm to further expand and tailor their range of products and solutions to better service a growing band of potential customers from their many offices located around the world.

Press Enquiries

Mark Edwards
Media Director
Max Media International
Tel: +44 (0)20 8464 8787
Email: mark.edwards@maxmediaint.com

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Expatria Monthly: 16 May – 14 June 2015

Luke 15:21-24 – The Parable of the Lost Son

“The son said to him, ‘Father, I have sinned against heaven and against you. I am no longer worthy to be called your son.’

“But the father said to his servants, ‘Quick! Bring the best robe and put it on him. Put a ring on his finger and sandals on his feet.

Bring the fattened calf and kill it. Let’s have a feast and celebrate.

For this son of mine was dead and is alive again; he was lost and is found.’ So they began to celebrate.

I know I haven’t been around for a while but I assure you on my prodigal travels I have squandered great wealth in exchange for a great wealth of expatriate knowledge.

I am now returned, like the prodigal son, here to dispense it in digestable monthly chunks.

Downsizing of Jet Airways cost more expat pilots work

The Hindu and the Times of India report of Jet Airways ‘cost-cuttng measures’ that has led to the premature contract termination of 50 expat pilots.

The trend for rationalisation proves global as even high-growth India feels the need to severe ties with high earning expat professionals.

Jet are reportedly looking to move away from costly long haul flights to the budget and redeye flights that have sustained European and American airlines.

The Hindu: http://www.thehindu.com/business/Industry/jet-airways-sacks-50-expat-pilots/article7271534.ece

The Times of India: http://timesofindia.indiatimes.com/business/india-business/Jet-terminates-contracts-of-50-expat-pilots/articleshow/47507946.cms

Greenback Expat Tax Services decrees ‘new survey finds US expat voting, could impact 2016 Presidential Election’

New findings state that almost two-thirds of American expats vote in presidential elections stirred to action as the majority believe they are not well-represented in U.S. government.

Of the 7.6m Americans abroad FATCA and tax concerns provide the chorus to the expat rallying cry. Many feel that apathetic towards native politics, neutralised by their foreign setting, sometimes deliberately, sometimes not.

This is often an ‘all-smoke-and-no-fire’ situation. UK expats barely vote although commentators tried predicting them being the inertia for the election’s swing – it didn’t. However, US expats have to pay homeward bound tax and I imagine this fills a great deal of ballot papers.

http://globenewswire.com/news-release/2015/05/26/739115/10135930/en/New-survey-finds-US-expat-voting-could-impact-2016-Presidential-Election.html

Local vs. International schools in China

The ever-informed writers and bloggers of the Wall Street Journal’s Expat corner have illuminated the state of education for expats in Shanghai.

Rashmi Dalai talks of the now permeable barriers between Eastern and Western students in local and international schools.

Dalai makes conversation with Brian Horvath, of the Hongqiao International School, who sings the positivity of this new trend, the blurring of eastern and western education philosophies:

‘The Chinese governement is allowing the expats to help build and nurture the education system.’

‘Speaking in generalities, what you’re seeing is in places like art, Asian kids tend to focus on the technical skills while Western kids tend to focus on self-expression. Now they’re working together…Everybody is learning from each other.’

WSJ Expat: http://blogs.wsj.com/expat/2015/05/18/the-expat-education-dilemma-local-vs-international-schools/

Australian Tech industry no longer on walkabout

Australian Press have highlighted that the Tech platform of Australia and its global interconnectivity means less Australians are needing to expatriate to prosper in the American start-up market.

Brett Adam of Zendesk was spoke of the growing competivity of the Australian market which was once likened to ‘tumbleweeds blowing through an empty ghost town.’

And now the Australian Financial Review is suggesting that the offer of Premium Visas, that have already lured Chinese expats, will entice high-earning Americans to the lifestyle superpower’s shores.

AFR: http://www.afr.com/news/politics/national/australia-hunts-wealthy-silicon-valley-americans-with-premium-visa-20150713-gib1lp

The Age: http://www.theage.com.au/it-pro/business-it/hightech-scene-comes-of-age-and-brings-expats-home-20150601-ghdawi.html

Courtesy of Movehub

Expatria Three: International Students

Let’s catch up shall we?

 

So we’ve got a quarter billion living abroad and it’s comprised of the most diverse population imaginable. Most recently we’ve sussed that, on the whole, ‘the kid’s are alright’, but we could do with raising awareness about unaccompanied young immigrants, as shown in the border-crises that couples North and Central America, which led President Obama to emergency action in November of last year.

 

Where to next? Well, this Expatria series now looks to international students, the composition of a growing population in size and significance, showing that cross-cultural exchange is taking place at younger and younger ages and, interestingly, extracted from family ties – living as individuals.

 

Fledgling student expatriates, transient and intrepid but potential keyholders of the near future’s gates? (Probably, more likely a swipe-card for the future’s glass panelled revolving door, but let’s not digress on anachronistic metaphors, we’ll be here all day, or last year, or…) Understanding, international study will have us sprawl over four articles, in which I will play statistician, witness and judge.

 

So, I suppose the first step is ascertaining the makeup of this population, as John Lewis Gaddis said,

‘Finding one’s way through unfamiliar terrain generally requires a map of sort. Cartography, like cognition itself, is a necessary simplification that allows us to see where we are and where we may be going.’

The global mapping of international students is a complex web of in-and-out, east-to-west, west-east and west-west migration. Foreign students have proven the most allusive catch so far, however, thanks to the statisticians of UNESCO and University World News and this infographic from Movehub, I think I’ve just about dragged them home from their global barcrawl.

Courtesy of Movehub
Courtesy of Movehub

There are around five million international students, growing by 10% each year since 2000. Students have been surging out of China and India and importing into the halls and libraries of American and British universities; the U.S. have reported a seventy per cent increase in foreign students in the last fifteen years. This has made the U.S. the most common dorm for the international and academic wanderer with 886,052 studying abroad in the U.S. in 2013-14.

 

University World News reported that between 2013-2014 there was an 8% growth in international students, and that 73% of that growth can be accounted for by China and Saudi Arabia. In 2011, Chinese foreign students accounted for eight out of ten international students in Australia and worldwide represented one-sixth of all outbound students.

 

Further interactive statistical information can be found through the UNESCO site:

http://www.uis.unesco.org/Education/Pages/international-student-flow-viz.aspx

 

Students internationalised younger than ever before.

Globally-based students are not only prominent in tertiary education, PIE News reported in 2014 that there are 7,200 International Schools and 3.7m students studying in English. Estimates reckon that in ten years there will be 11,000 international schools and near double the amount of students studying in English.

 

Nicholas Brummitt, Chairman of the ISC (Independent Schools Council), ‘today there is a massive demand for English-speaking education all over the world.’ This ‘massive demand’ is supplied by the burgeoning middle class of Jim O’Neill’s BRIC behemoths, India and China, and the dynamic between east-west movement will be discussed further in the third section of this segment – a case study of studying in America.

 

‘Oh East is East, West is West, and never the twain shall meet.’ – Rudyard Kipling

The conflation of debates regarding international students and immigration, the current hot-coal topic of the west, has entered political discourse in America:

‘International education is crucial to building relationships between people and communities in the United States and around the world’ said Evan M. Ryan, Assistant Secretary of State and she elaborated on her global vision, ‘it is through these relationships that together we can solve global challengers like climate change, the spread of pandemic, disease, and combating violent extremism.’

An optimistic vision of some plausibility. Growing numbers of students are on charitably-caused gap years and becoming globally-based whistleblowers for necessary human and natural causes. However, media cynicism has portrayed this altruism as thinly-veiled, and perhaps unbeknownst, narcissism. ‘Voluntourism’ has become big business and, in spite of best intentions, better for a facebook picture than a community’s development.

It is interesting how, Ryan can see international students as future global peacemakers to an older generation’s problems. To take a lesson from history – key figures of the Indian Independence movement, including Jawaharlal Nehru and Subhas Chandra Bose, were educated at Oxbridge and both are claimed to have been ‘radicalised’ by this exposure to western education. These men overcame a global challenge, were followed by a nation, but it cannot be said that it did not involve some ‘violent extremism’ – Bose famously allying himself with Nazi Germany.

 
This is in no way an attempt to condemn studying abroad. It is a bizarre yet wonderful paradox that ‘Oxasians’ were radicalised in the nation that repressed them. It is, however, a critique of Ryan’s gleeful vision of a world brought together by international tertiary study.  How will new global conflicts, such as the rise of ISIL, affect Ryan’s ever-so-American wishful sentiment? Recent news stories have documented Western students fleeing to the East to join an extremist cause, a fact that doesn’t exactly prove the movement of students is settling any age-old quarrels.

However, my cynicism can’t hide the true triumphs of individuals such as Nigerian seventeen year old Harold Ekeh, a student accepted to all eight Ivy League Colleges. An astonishing achievement for an exceptional talent. International students live idiosyncratic lives as expats, they choose to carve their own path and work hard for it, Ekeh is an example of this, and the next element of this series will explore the stories of three international students in their own words.


Sources: This Is Africa, The Guardian, News Republic, The PIE News, CNBC, Time, Wikipedia, India Today, BBC, University World News, UNESCO.

Amy Lees, ITALY.

Another Week in Expatriate News: 9-15 March 2015

The Destruction of Cyclone Pam recalled by Vanuatu-based British Expat

The Category 5 storm that swept through the Pacific Islands with winds upwards of 150mph has left the island of Vanuatu in disrepair. The historic storm has claimed at least 24 lives and displaced a further 3,300 according to the UN.

Expat Maggie Crawford, who runs a Scuba-diving centre, recalled the storm that ‘lasted 30 hours’ in the Express, stating ‘If you look at how everything is today it’s heartbreaking. The before and after would make you want to cry.’

http://www.express.co.uk/news/world/564151/Cyclone-Pam-Briton-Expat-Vanuatu-Island-Capital-City

HSBC guides expatriates where to bank live

Men’s Journal and Yahoo Travel have revealed the bank’s insights into expatriate life, adding to the the myriad of lists that tell expats where to displace themselves. Surprisingly, tax haven, Switzerland tops the list, followed by Singapore, Germany, China and Bahrain. According to their survey, economic stability and growth appear the essential criteria for those based overseas.

The BBC have also provided insights into why Singapore proves to be such a popular destination amongst expats. It comments on how a weighty wage packet and a city moulded to foreign pallets has made it a utopian metropolis for global business people.

http://www.mensjournal.com/travel/cities/the-best-places-to-be-an-expat-20150311

https://www.yahoo.com/travel/study-reveals-best-places-to-be-an-expat-and-113173307942.html

http://www.bbc.com/capital/story/20150311-why-expats-call-this-utopia

Is an expatriate life one of rejuvenation or wearing?

Sofia McFarland, blogging for the Wall St. Journal, questioned whether moving country can turn back the clock and rejuvenate the world weary traveller. Hong Kong has become an elixir of life for the internationally-based. Age, like nationalities, lose their rigid distinctions in a land heavily populated by expatriates of all shapes and sizes.

However, Suzan Haskins and Dan Prescher have come down with Jaded Expat Syndrome and documented it in the Huffington Post. The couple comment on the weariness of the well-trampled expats of Mexico, old hands worn by a life abroad…

http://blogs.wsj.com/expat/2015/03/12/age-differences-melt-away-as-expats-shed-routines-seek-new-friendships/

http://www.huffingtonpost.com/suzan-haskins-and-dan-prescher/jaded-expat-syndrome_b_6849528.html

The first in a series of photography from international student Amy Lees. Italy.

This week in Expatria: 2-9 March 2015

The first in a series of photography from international student and expat, Amy Lees. ITALY.

Lists, Lists and More Lists

Digital Media’s preoccupation with ranking every facet of life in a list continues as data provided this week, by Mercer, into the quality of life for internationally-based business people was released.

THE STRAITS TIMES reports Mercer’s list as follows:

  1. Vienna
  2. Zurich
  3. Auckland
  4. Munich
  5. Vancouver
  6. Dusseldorf
  7. Frankfurt
  8. Geneva
  9. Copenhagen
  10. Sydney

Relocate Global state that this is the 6th year in a row that Vienna’s headed the list. The top Asian city is Singapore (26th) and Montevideo (78th) the top-ranker for South America, Singapore also doubles as the world’s expensive city.

The Mercer report does not give as glowing report to the Gulf Coast as it does Europe and Australasia. The findings ranked Dubai (74th) and Abu Dhabi (77th) as the region’s only top 100 representatives.

Comparing this list to the most expensive cities to live in is illuminating. Data provided by The Economist show that four of the top ten cities for living (according as Mercer) are amongst the top ten most expensive.

 

Young expat lost in Beijing penal system

Facts and figures were the sole finding of last week. The Wall Street Journal provided a cautionary tale in the shape of Noak Jonsson, an 18 year old expat based in Beijing who was detained after a barroom brawl sprawled out into the streets. Jonsson served a month in prison and the article highlights the difficulties expats can come up against when entangled in native law and order.

 

A Nairobi Satire

On a lighter note, Frances Woodhams of africaexpatwivesclub.blogspot.co.uk appears in The Telegraph, providing a fictional account of a hapless western news reporter based in Nairobi. Her satire, in the vein of Evelyn Waugh’s Scoop, has her protagonist desperate to find some strife in the rurality of Kenya and, what appears, the backwaters of journalism.

Jeremy takes up his microphone once again: “Quick Isaiah, focus on me and make sure you get  that child in the background.”

Isaiah’s camera starts rolling and Jeremy is broadcasting loud and clear: “As the day closes in Mandera slum, a sense of utter hopelessness pervades …”

 

World’s most expensive cities

http://www.economist.com/blogs/graphicdetail/2015/03/daily-chart

Mercer’s report into the quality of life for expat business people

http://www.straitstimes.com/news/business/more-business-stories/story/singapore-top-asia-again-quality-life-expats-mercer-201503

David Sapsted’s comment on Mercer’s findings

http://www.relocatemagazine.com/articles/david-sapsted-03-2015-vienna-still-rules-the-roost-for-expat-quality-of-life

The Gulf Coast’s expat destinations ranked

http://www.emirates247.com/news/hottest-expat-destinations-where-uae-ranks-2015-03-08-1.583447

Noak Jonsson’s Story.

http://blogs.wsj.com/expat/2015/03/06/a-bar-tussle-ends-in-a-beijing-jail-a-young-expats-story/

Frances’ Woodhams’ satire

http://www.telegraph.co.uk/expat/expatlife/11444356/Expat-stereotypes-Jeremy-the-news-reporter-in-Nairobi.html