Top 10 Things to Consider When Thinking About Moving to Another Country
Emily Bron
Midlife Expat Alliance: Lifestyle & Business Club| From USA/CA To Europe and LatAm| Age of Reinvention podcast| Redefine Freedom, Lifestyle and Purpose at Midlife | Intentional Living | Expat Community, Retirement Abroad
People often compare relocation to a foreign country based on where they’ve previously vacationed. While this is a good choice to escape from your routine, living in your chosen destination should actually take into account your daily routine.?
You’ll want access to the same resources, amenities and services you’ve come to rely on and need to consider how you’ll spend each day. Each destination can offer different benefits and unforeseen challenges, so it is good to investigate before moving.
Living in a foreign destination does not mean that you must live remotely. The following 10 considerations can help you make better choices in your relocation strategy:
Utilities and Infrastructure
Today, the entire planet is online. However, most people who choose to live in a foreign destination can do so because they work remotely. You’ll want to verify that you will have uninterrupted internet access with good speed, connected to a modern power grid.
Ability to Fly Home
You may need to travel back to your country of origin, whether for work or family needs. Investigate ease of access to airports and whether they provide direct flights.
Improved Quality of Life
Many destinations offer reduces costs for healthcare. In addition, you’ll want to investigate access to gyms, organic markets, culture and recreational activities you enjoy. Quality of life and cost of living should be considered regarding your overall wellness and personal care.
Local Transportation
Some countries will allow you to import your vehicle for a temporary period. Purchasing a foreign vehicle may have certain restrictions. Investigate public transportation and ease of access.
Climate and Environment
Various destinations can offer a drier climate for those sensitive to humidity and arthritis. The charm of a European countryside might offer a more familiar climate than what is found near the equator. Each destination will offer different cultural, natural and weather environments that should be considered when relocating.
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Insurance and Banking
You’ll sometimes need notarized copies of important documents before opening a foreign bank account, gaining citizenship or accessing healthcare. Explore the ease of access to your funds and the availability of expat auto, health or dental policies.?
Personal Effects
Identify the cost of either shipping personal belongings or storing them long-term. Explore local stores, online shopping and the ability to ship to your location.
Cultural Considerations
Learn at least a little of the language and culture, and download a translation app on your phone to help you while you learn.?Do not forget to start learning a new language in advance and join your interest activity clubs upon arrival to improve your communication options with locals.
Long-Term Residency Requirements
Each destination will have different legal rules and immigration requirements, and many will want you to verify your income and means of support. You may need bank statements and a meeting with the consulate before seeking long-term residency. Residency and immigration rules are changing lately. Connect with professionals to be on top of it and well-prepared for the legalities in your new country and your obligations to the home country(taxation rules).
Tax Considerations
Consult with a professional regarding tax considerations for your country of origin and relocation destination. Tax considerations will be important to enjoy pension and social security benefits from your country of origin.
Are you considering Relocation for Remote Work or Retirement and need help picking your best-matching country?
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To create your Action plan and prepare yourself for the new life chapter, contact Emily here- https://www.dhirubhai.net/in/emily-bron/