Even Small Things Matter!
It is advisable to check if you get your favorite brands in your new country. Although this may sound weird, sometimes you may not want to compromise; for instance, on the taste and quality of your favorite cornflakes.
Moving to another country is a big decision, both for you and your family. It involves leaving your own country, and moving into an entirely new atmosphere, culture, and community. It's like starting your life once again from scratch. A lot of people from different parts of the world take this bold decision every year, and each of them have their own set of reasons for the same. While some expatriate to seek better career prospects, some others do it for cheaper living costs, and yet others to secure cheaper and more efficient medical aid. No matter why you decide to leave your home country and settle elsewhere, there is no denying the fact that expatriation is an equally complicated process for each and everyone. WealthHow has compiled a list of few important things, which you will need to consider if you are thinking of resettling into another country in the near future.
Moving Overseas: Things to Consider
As you take the bold decision, you need to keep in mind before leaving your country and your people, that spending a few vacation days in an exotic location away from your country is one thing, and taking a step to resettle elsewhere is another. The advancement of technology over the years has enabled us to become global citizens today, such that we can move to any place we want, but settling there forever may not always be as pleasant as it may sound. Hence, first of all, it is extremely vital that you are absolutely sure about your decision. If so, then you will need to consider the following pointers, before you actually make your move.
Choosing the Appropriate Country
Because you will be setting up your life anew, it is important that you choose, with utmost care, your would-be home country. Do not get carried away by the rosy pictures some magazines and/or travel shows may put before you. In-depth research is the key. Consider some really important factors such as the climate, employment statistics, crime rate, standard of living, overall political situation, availability of quality education for kids, and above all, the country's proximity to your home country, just in case of adverse situations.
When you move out of the country, see to it that you wind up everything, including matters with regards to your insurance, taxes, bank accounts, and others. While you can access your bank accounts online, no matter where in the world you are, this may not be the case with other things. You may or may not want to stay current with your health/life insurance; however, it is always advisable to inform your insurance company about the long-term/permanent change of your location. As far as taxes are concerned, check the regulations of your home country. As for the US, the Internal Revenue Service (IRS) makes it mandatory for you to pay taxes, as long as you are the citizen of the country and are earning, irrespective of your residential location. So, sort all these issues out, well before you embark on your journey.
Health is, by far, one of the most important factors to consider while you decide to become an expatriate. Check the quality of medical services available in the country you intend to migrate. Also, check for the availability of good medical care workers and doctors, especially during the odd hours of the day. Find out how many quality medical facilities are available in or near the area where you are about to migrate. It is also advisable to make sure that the medical costs in your new country are affordable for you.
Checking the Residency and Visa Norms
This is the most important factor to consider, and will determine the legality of your stay. If you wish to acquire a legal citizenship of your new country, you will need to do your homework properly with respect to the detailed procedure of the same. If you are content staying there on an extended tourist visa (which is rarely advised if you want to become a resident), you may have to face certain hassles in the process of renewing it every now and then. If you are confused regarding this issue, you can always consult your immigration consultant. If you don't have one, ask the other expatriates, and try to sort out the problem. Please note that this is a very important factor, and no delays should be made to acquire legal documents with respect to your residency.
Earning a Living
While you may think it to be easy enough to acquire a job in the new country or to set up a business, it may not be so when you actually get there. Therefore, until you manage to find a permanent source of income in your new country, it would be a good idea to continue your older job, from your new location, if possible. If you wish to do some serious business, it is vital that you study the market properly. Try to keep it as simple as possible, and do not make a huge investment in the beginning. It is always better to go, see, and then conquer!
Buying a New Home and Car
While it is pretty obvious for you to think that you should buy your own house and car in your new country, immediately on getting there, keep in mind that this may not always prove to be a wise decision. Do not spend a heavy amount of money unless you stay there for some days and get accustomed to the new culture. It is important that you build contacts with the local people, who can help you with the formalities involved in buying a house and/or car. Your local acquaintances may also help you with the tedious paperwork and the various registration processes that may be involved.
Connecting with the Local People
It is of utmost importance to mix up with the local community of the country that you have chosen to migrate. Meeting your neighbors often, attending local festivals and ceremonies, attending religious services, getting involved in philanthropical works, making local friends, etc., will all enable you to become an active part of the local community. But above all, do learn the local language―it will enable you to build more intimate ties with the locals.
We hope that the factors mentioned above will help you with your quest for a new home out of your country. So, go ahead and make the decision of your lifetime; however, don't forget to get a local cell phone connection (it is always cheaper) as soon as you get there, and to get in touch with your family and friends back home. So, get going and stay safe!