4 things that you need to drive legally if you own a scooter / motorbike in Vietnam:
- Driving Licence - A Local / International Driving Licence for anything above 50cc.
- Blue Card - proves that you own your scooter.
- Helmet - always wear a helmet and make sure it’s a good quality one that won’t split in two on impact and that you buckle the head-strap.
- Motorbike Insurance - 3rd party liability insurance. Considering it costs as little as 86,000 VND for the year, and can stop you from getting into big trouble, why would you be without it!
Travelling and living as an expat is a wonderfully exciting time but sometimes, with all the excitement, it is easy to forget certain practicalities and the risks that we face. There are some essentials that you need to put in place at the start, not only to protect yourself and your loved ones but also to ensure that you don’t put your family finances in jeopardy.
If you are a British expat living in Asia, the likelihood is that you are still domiciled in the UK, and that means that when you die, if you own assets that are worth over certain thresholds, your worldwide estate will be subject to UK inheritance tax (IHT) in the UK.
The trade war between the US and China has been rumbling on for some time now. Back in July 2018 China accused the US of starting ‘the biggest trade war in history’ when President Trump first imposed steep 25% tariffs on more than 800 Chinese products with a value of around $34 billion.
It's a tale as old as time. You reach your forties and suddenly realise that you are halfway through your career, that retirement is a lot closer than you think and that you've yet to start planning for it. Cue panic. Mario Wiese talks about the biggest financial mistake he sees people making again and again.