Valuable Opinions, Comments & Gossip
Latest News, Stories
& Hot Topics
Tools & Widgets to
help with finances
Featured Polls, Surveys & Stats
Discussions, Advice & Topical Chat
- Business
- Childbirth & Education
- Legal Formalities
- Motoring
- Other
- Pensions & Benefits
- Property & Accommodation
- Taxes
- Airports and Airlines Spain
- Paramount Theme Park Murcia Spain
- Corvera International Airport Murcia Spain
- Join us for Tea on the Terrace
- When Expat Eyes Are Smiling
- Meet Wincham at The Homes, Gardens & Lifestyle Show, Calpe
- QROPS 2014
- Spain Increases IHT in Valencia & Murcia
- Removals to Spain v Exports from Spain
- The Charm of Seville
- Gibraltar Relations
- Retiro Park : Madrid
- Community Insurance in Spain
- Calendar Girls
- Considerations when Insuring your Boat in Spain
- QROPS – HMRC Introduces changes that create havoc in the market place
- QROPS – All Change From April 2012
- Liva & Laia : 15th November
Young expatriates are finding themselves in financial difficulties abroad because of misleading information from banking services, according to EZ Pay.
Research from the payment company found half of 25-34-year-olds have been stuck abroad without any money, due to banking issues, theft or loss of their money or cards and mis-budgeting for their stay.
Some 15 per cent of people have been in a situation where they have been unable to get money out of an overseas ATM.
EZ Pay managing director Paul Smith said that expatriates and holidaymakers believe "all of the services offered by high street banks and credit card companies are free of charge".
"They're just not" he cautioned.
Mr Smith advised those travelling abroad this summer, either to live or visit, to prepare a budget so the amount of disposable income can be put on to a money card, which will not charge for access to money.
Recent research by Property Frontiers found that France and Spain remain the most popular destinations for would-be expatriates looking for overseas homes.
