It is a peculiar irony. A year ago, the the UK’s Inland Revenue began a crackdown on offshore savings. Banks operating out of the Channel Islands and the Isle of Man had to hand over details of British customers, and depositors who confessed were rewarded with an amnesty. Thousands did and many must have given up on offshore savings. Inadvertently, the taxman’s crackdown must have saved some depositors from the collapse of the offshore subsidaries of Icelandic banks.
Thousands were not so lucky and could now lose most of their savings …

In a detailed survey into the hidden costs of buying property abroad produced by Which?, the British independent advice experts, it has been revealed that there is a huge discrepancy between fees and charges assigned to the buyer of a home abroad depending on where they choose to purchase.
This is important information to take on board because, according to multiple sources, the UK TV presenter Amanda Lamb has allegedly stated that now’s a great time to buy a home overseas as prices are falling and everywhere is seemingly a bargain. …