Most people move abroad for work purposes or because they are seeking a better climate or way of life. Yet there are times when living overseas can bring together these benefits while allowing you to reap financial rewards. Here are some tips on successfully making an international move without spending lots of money.
Plan Your Move
If you’re lucky enough to have been given several months’ notice until your business relocation, use this time wisely and start to do your research right away. Many great deals on flights can be found by booking early and you are also more likely to find a property you love if you don’t leave it until the last minute. Even if your company is providing accomoodation in the short-term, it doesn’t hurt to start planning for the long-term sooner. Websites like Rightmove allow you to browse properties to buy and rent in a number of popular overseas locations.
If you’re buying a house or apartment, start looking around on auction sites or local community threads for second hand furniture. Meanwhile, if you’re planning to rent, you might wish to consider flat sharing or renting a furnished property. You may also want to sell or look at storing furniture or belongings from home that you can’t take with you.
While every step can unfold new challenges, you can make the process much easier by seeking guidance from an employee relocation company. An employee relocation company will be in a position to help you with language barriers, legal and health matters as well as property discussions no matter your destination.
Now that you’ve arrived, you must think about budgeting for your new lifestyle. Remember that you have yet to discover how much it actually costs to live in your new location, so start by making a spreadsheet of all incomings and outgoings including salary, rent, groceries, etc. This will help you to build a better picture of your finances going forward.
Other things you might want to do are research and master cheap shopping so that you can have items shipped to and from home at low cost, as well finding out the most cost efficient flights to and from your area for when friends and family come to visit.