Reblogging this financial bad news from ExpatsBlog.com, for the benefit of our many readers who are from the United Kingdom. Uruguay’s largest contingent of English-speaking expats most likely are from USA, but UK is right up there near the top. Usually the bad financial news, in terms of home-country-induced major inconvenience, is hitting the US folks. FATCA, FBAR, and being fired as a customer from every bank in Uruguay except for BROU. Along with some reports of US-based banks closing accounts for US citizens who moved here. (Fortunately has not happened to us, but we do have a US address too.)
This time it’s you Brits who are suffering. Well, along with the Scots, at least till the referendum, the Welsh, and the Irish in Northern Ireland, who have moved here or elsewhere. Barclays is closing your credit cards: Continue reading UK expats losing their Barclaycards. Plus tax hassles! – reblog from ExpatsBlog.com with our take on it.