Whether you’re moving to a country nearby that speaks your language, or you’re traveling halfway around the world, relocating is a significant life event. However, moving elsewhere can be an incredible opportunity to further your career, learn about a different culture, meet new people, or even learn a new language. With careful planning and the right attitude, it’s an entirely achievable goal.
Research, research, research
So, you’ve decided to set sail. Before you pack up and go, it’s essential to put the time into researching your new location. Make sure you’re clued up on healthcare systems, taxes, driving requirements, and visas. It may sound like stating the obvious, but there’s a considerable amount to think about when you’re moving abroad, so writing an exhaustive list of what you need to know and ticking it off is a great way to ensure you’re prepared.
Understand the visa requirements of that country
Visa requirements can be tricky. Whilst visiting government websites and doing research yourself is useful, it’s also important to know your limitations. If you need help to achieve your dreams – ask for it. Consider finding an immigration lawyer London or beyond if necessary. An immigration lawyer can help remove the stress from immigration processes and help you make a smooth move to another country.
Secure a safety net
No matter how much planning and research you do, things can go wrong. This applies to moving abroad, too. To take the stress away from the move, ensure you have a financial backup plan if things don’t go as planned. Experts advise having approximately three months of expected outgoing expenses saved so you’ll be safe in the knowledge that whatever happens, you won’t be left unable to pay bills or relocate back home.
Don’t rush into buying abroad
While you get used to your new home, renting can be a great way to test out a new area without committing to purchasing a property. It will help you get a feel for the place, the community, and the local amenities. It may be challenging to secure a rental contract in some countries without a salary, so sorting accommodation with a company like Airbnb can be a great way to get started. Using Airbnb doesn’t mean that you’ll necessarily have to stay in someone’s spare bedroom as part of the accommodation either. Software like BnBerry helps Hotels list rooms on Airbnb, so you might find that an Airbnb search leads you to spend some discounted nights in a local hotel.
If you don’t have much to spend on accommodation, you might want to consider staying with a local family for the short-term. If you’re moving abroad, this will help you meet local individuals and become better integrated into the community.
Sort your finances
When moving abroad, it’s essential to get your finances in order, so you’re able to function properly in your new location. Make sure you’re up to speed with the relevant tax requirements. Consider how factors like exchange rates and inflation may affect your income and pension. Whilst it goes without saying, make sure to let your bank know your plans to move abroad and ensure they’re able to support you overseas.
While it is a time to prepare and be sensible, it’s also a great adventure. Consider taking a language course or reaching out to ex-pat communities to help ease your transition into your new life. After all, it’s not every day you move to a new country!
- How To Maximize Your Money In Real Estate Investing - April 12, 2021
- Is Your Company Website Missing These 5 Ingredients? - April 9, 2021
- How Landlords Can Increase Value For Their Tenants - April 8, 2021