Moving Overseas for Business – things
It is estimated that 250,000 Brits work abroad taking advantage of the
benefits to career progression that this has always provided. Working abroad
can be both daunting and exciting and when the day of the posting arrives you
are bound to have some mixed emotions. Moving overseas is a massive change to
your way of living and your decision will have needed careful thought.
Planning is key and if you and your employer have taken account of all
the issues that you may face then you will leave confident that you are fully
prepared. Some aspects to consider are:
How will the move affect you and your
Is your partner fully supportive?
Will your family be going with you or
will you be on your own?
How frequently will you be able to
return home to see your family?
Is the higher salary and improved
status going to be worth the time away from your family in the long run?
Research your tax position – how long
will you be away? Will you be paying tax abroad? How much?
What are the effects to your pension?
What is the healthcare situation in
Is there a state system?
Do you have healthcare insurance?
No matter how confident you are in your own ability to adapt to a change
as drastic as moving overseas, it is important you do not underestimate how
stressful a move to another country can be. This is especially true for young
and teen-aged children who will also be leaving friends and family behind.
If the company you work for has your living arrangements and
transportation taken care of in advance, that's great. However, what if they do
Do you know the area following visits and can arrange a rental property?
Does the new role include a car?
You may also need to obtain a driver permit specifically for the country
in which you are moving.
- If you are going completely alone, do
you speak the local language?
- How you will spend your time when you aren't
- Where will you find like minded people
with whom you can connect?
Moving to a different country at any age, especially if you've never
been there before, can be both just a little bit terrifying and totally
Take the time to think your decision through before you set anything in
stone. Perhaps talk to a few people who have moved overseas at some point in
time. Pick their brains a little about what it was like and what exactly you
should have in place before you go.
A thorough checklist will go a long way and give you piece of mind.
Finally, don't forget to set some time aside to explore and enjoy the
new country you've just arrived in.
Depending on the position you have moved overseas for, the adventure of
your new territory may just be the best part of the experience after all.
Mayfair, we care.