Why do people move abroad?

Many people dream of living in another country, and with good reason – there are so many benefits! Moving abroad in pursuit of a higher quality of life is a common reason for wanting to relocate. An increase in income, a safer environment, better work opportunities, more stable economic and political conditions, less pollution, a more exciting cultural scene, a more dramatic landscape… These are all motivating factors that may inspire someone to relocate to a different country, and all apply to Bermuda.

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At?Corporate Concierge we are advocates for understanding not just your motivations for moving, but also your hesitation. In this article, we will take a look at the main reasons why people decide to?move abroad, why they choose Bermuda and we will give you some insight into the?global relocation?journey.

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Enhancing your career

Work is one of the foremost reasons why people move overseas. This could be due to a company transfer, a new job opportunity, or a complete career change. Some countries are better suited for certain jobs and skills, which may inspire someone to set up camp elsewhere to advance their career. A new job might be just the sign you have been waiting for to kickstart your relocation journey!

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If you work in any of the following sectors: insurance, reinsurance, captive management, financial services, family office or FinTech and your ultimate aim is to improve your job prospects, then moving to Bermuda can revolutionise your career. Career progression is one of the main reasons people move to the island. If you are open to boosting your career and are willing to take on an international relocation, then the experience you gain is invaluable when you move back home. Bermuda experience looks great on your CV!

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Following family or a partner

You may choose to move abroad if you want to reunite with family or perhaps accompany a partner who is relocating overseas for work. Bermuda sees many non-working spouses move to the island to be with their partner. These individuals are considered dependents on their partner’s work permit and are permitted to reside in Bermuda for the duration of the work permit.?Those who wish to pursue a career in Bermuda can apply for permission to reside and seek employment at the time of the primary work permit holder’s application. They are then granted permission by the Bermuda Department of Immigration to apply for new job opportunities as they arise in Bermuda. If they are successful in their job search, then they would obtain a work permit in their own right. ?We often encounter family members who visit Bermuda and wish to work remotely from Bermuda during their stay. No permission from the Bermuda Department of Immigration is required for this – it is at the discretion of the overseas employer to grant permission to work remotely. A family visitor to Bermuda may remain on island as a tourist for a period of up to ninety days. Visiting or working family members ensure Bermuda has a diverse expat community. ?

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Study opportunities

Education is often a major reason why young people choose to move overseas. While moving to Bermuda for formal tertiary education is not an option, Bermuda does offer some educational opportunities in the form of internships within the international business sector as well as at organizations such as BIOS – Bermuda Institute of Ocean Sciences. These present opportunities for cultural immersion and give students a short term experience of what living in Bermuda is really like.

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Lifestyle choices

Choosing a relocation destination based on lifestyle preferences is one of the smartest moves. Online work and the growth of the freelance economy have enabled a whole new lifestyle for remote workers, who have the freedom to choose where they want to live regardless of the location of their employer. Bermuda’s One Year Residential Certificate presents an attractive option to Digital Nomads. An easy application process and rapid approval means that you can swap your long city commute for a chance to live in Bermuda where no home is further than ten minutes from a pristine pink sand beach!

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When presented with a career opportunity that means relocating to Bermuda young families typically embrace it! Nowhere else offers such a great array of activities for families – where events are designed to be as entertaining for parents as they are for children! After-school clubs, summer camps and a full array of sporting and leisure pursuits means that Bermuda is an ideal place to make lasting memories. Children benefit from the international experience and develop a diverse friendship network which means they will have friends wherever they may go.

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