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Last updated on 2024年6月17日

Here's how you can navigate the potential drawbacks of working abroad during late career.

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Embarking on an international career move can be a thrilling adventure, but it's not without its challenges, especially later in your career. You might face a myriad of obstacles such as cultural adjustments, potential impacts on your retirement plans, and the need to establish a new professional network. However, with the right strategies, you can navigate these drawbacks and make working abroad a fulfilling part of your late career journey. By preparing for these challenges in advance, you can ensure a smoother transition and a more rewarding experience in your new role overseas.

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Anna Bogojevic

CPA/Tax Manager - Global Employment Services, Big Four Accounting Firms

1 Cultural Shifts

Adjusting to a new culture can be one of the most daunting aspects of working abroad, particularly if you're in the later stages of your career and set in certain ways of working. To navigate this, immerse yourself in the local culture before you move. Learn the language, understand the business etiquette , and get to know the social norms. This will not only help you to communicate more effectively with your new colleagues but will also show respect for your host country, making it easier to build relationships and fit in.

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Anna Bogojevic

CPA/Tax Manager - Global Employment Services, Big Four Accounting Firms
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This is where is important to network with individuals that relocated already from and to same locations to get the real scoop on how it is locally. This will help you know if you are the type of person that can handle the culture and changes. Being "set in your ways" is not a helpful trait for someone relocating to an unfamiliar location.

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2 Retirement Plans

When considering an international career move later in life, it's crucial to understand how it will affect your retirement plans. Different countries have varied approaches to retirement savings and taxes. Seek advice from a financial planner who specializes in expatriate finances to ensure that your retirement savings continue to grow and are not adversely affected by international tax laws. This will help you maintain financial stability and peace of mind as you enjoy your new adventure abroad.

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Anna Bogojevic

CPA/Tax Manager - Global Employment Services, Big Four Accounting Firms
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Each country combination combined with each person's residency details will have unique issues so in addition to a financial planner, a tax specialist is vital to understand how pensions and other global investments will be taxed before making the move.

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3 Professional Networking

Building a new professional network is essential when you're working abroad, especially later in your career when you may rely more on industry connections for opportunities. Start networking before you leave by connecting with local professionals on social media and attending industry events. Once you arrive, join professional associations and expat groups . Being proactive in making connections can lead to valuable friendships and career opportunities that can greatly enhance your experience in your new country.

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4 Family Considerations

If you're moving with family, their adjustment is as important as your own. Research schools and communities that would be a good fit for your family's lifestyle and needs. Prioritize open communication with your loved ones about the changes they'll face and involve them in the decision-making process. Ensuring that your family is happy and settled will allow you to focus on your career without added stress and help everyone to embrace the adventure together.

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5 Health and Wellbeing

Maintaining your health and wellbeing is paramount when working abroad, particularly as you age. Make sure you have comprehensive health insurance that covers you internationally and familiarize yourself with the healthcare system in your new country. Additionally, establish a routine that includes regular exercise and time for relaxation to help manage stress. A healthy work-life balance is crucial for your success and enjoyment while living and working abroad.

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6 Legal Logistics

Understanding the legal implications of working abroad is essential. This includes obtaining the correct visas and work permits , as well as being aware of any laws that may impact your employment. Consult with legal experts who specialize in expatriate employment to ensure that you are fully compliant with local laws and regulations. This will prevent any legal issues from arising that could disrupt your work and life in a new country.

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Anna Bogojevic

CPA/Tax Manager - Global Employment Services, Big Four Accounting Firms
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Since countries are increasingly able to link immigration and tax accounts, it is crucial to abide by the rules and tax laws to avoid problems, even later on. For example, leaving a country without appropriately filing all tax returns, etc. may impact an ability to re-enter the country. Seek out specialized professionals with experience in global mobility.

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7 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?

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Here's how you can navigate the potential drawbacks of working abroad during late career.

1

2

3

4

5

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1 Cultural Shifts

2 Retirement Plans

3 Professional Networking

4 Family Considerations

5 Health and Wellbeing

6 Legal Logistics

7 Here’s what else to consider

Working Abroad

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Here's how you can navigate the potential drawbacks of working abroad during late career.

1

2

3

4

5

6

7

1 Cultural Shifts

2 Retirement Plans

3 Professional Networking

4 Family Considerations

5 Health and Wellbeing

6 Legal Logistics

7 Here’s what else to consider

Working Abroad

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