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Living and Working Abroad
By Rhiannon
Williamson
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..April
2006
The decision to become an expatriate,
to pack your bags and leave your home country is an enormous and very far
reaching one...but a recent BBC report revealed just how popular a decision
living and working abroad has become, particularly for UK residents.
The report claimed that up to 500
British residents a day are leaving the UK with the intention of spending
at least a prolonged period living abroad, and that a large percentage
of those who move abroad do so before retirement and with the intention
of seeking employment overseas. There are three main areas of consideration
worthy of your attention if you too are planning on living and working
abroad and this article details them for you.
Area 1 - Which overseas country
fulfils all of your lifestyle requirements best?
Begin by considering your reasons
for moving abroad in the first place - if your decision is being driven
by costs of living or climate requirements for example, certain countries
will immediately rule themselves in and out of your list of perfect destinations.
If you want to enjoy a very different culture or way of life think about
the practicalities of life in countries that have very different value
systems or ways of life to your own and how well you will actually adapt
to life in such a country.
Do you speak any foreign languages
- if yes think about the countries where those languages are spoken because
it’s a fact that if you move to a country where they speak a language other
than your own only those who make an effort to learn the language find
it easy to settle down to life quickly?
Are you moving abroad by yourself?
If yes, know that it can be a very lonely experience initially and mentally
prepare yourself for this and/or consider a destination where you can easily
travel home from and where it is easy for your friends and family to visit.
If you’re travelling with family you will maybe have to consider the health
care and education facilities abroad and choose countries that have standards
high enough to meet your criteria.
Think about the cost of living overseas
- where can you afford to live, where would you like to live - do the two
marry up? Also remember that countries where the cost of living is
low and the local economy is poor will not usually be able to offer high
paying employment opportunities and that if you want to live in the local
economy you may have to live off the local economy and you will actually
price yourself into the local market and your purchasing power will be
reduced. The cost of anything is relative to the amount you earn
after all!
Area 2 - Which overseas country
offers you the most appropriate or best employment opportunities?
Do you have a specific skill or
vocation, for example are you a doctor, lawyer, hairdresser or electrician?
Do your skills and qualifications translate in every single overseas country
and are your skills required in some countries but not in others?
How easy will you find it to get the employment abroad that you have trained
for? Will language be a barrier to your skills if so do you need
to learn a foreign language or move to an English speaking country?
Alternatively if your skills are
transferable around the world what would you like to do and in which countries
can you work in a profession or job that suits you? Think again about
the local economy of any country you are considering and find out how much
your skill will earn you - will that be enough to live on - will that be
enough to allow you to afford to travel home one day? Many people
move overseas and price themselves out of their old economy and cannot
then afford to move back home.
If you want to work abroad some countries
like Australia, New Zealand, America and Canada have residence visa and
work permit permission restrictions, you need to think about whether you
can overcome these hurdles and whether you have the most in demand skills
to obtain a work permit or residence visa. One other consideration
to make is the taxation implication of moving abroad to a given country
- some countries have even higher and more restrictive taxation regimes
that the UK or USA for example, on the other hand a country like Dubai
has no tax on personal income! Watch out for any ‘extra’ expenses
like higher tax that you could incur when moving abroad and factor them
in to your planning.
Area 3 - Consider the practicalities
of relocating to your ideal country and finding somewhere to live.
If you’re moving abroad to live
overseas for a long period how easy and affordable is it to find rental
accommodation? Will you rent furnished or unfurnished - which is
more common? Either way will you need to buy furniture or place your
furniture in storage - think about the extra costs associated with setting
up your accommodation?
If you’re expatriating for good you
may want to one day buy a house of your own - if so, are foreign residents
allowed to buy freehold property in the country you’ve chosen? What
are house prices like, how easy or otherwise is it to secure finance to
purchase?
If you’re moving a long way away
how will you ship your personal belongings with you? Or will you
need to sell them or put them in storage before you go? If you’re
taking your household effects with you will you be forced to pay import
duties and taxes?
Conclusion
As you can see the considerations
you need to make before moving abroad are many and are also far reaching.
Hopefully this article has given you some food for thought. If you
can answer each of the major questions posed above you will be well on
your way to living and working abroad and becoming a fully fledged expatriate
before you know it!
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Rhiannon Williamson
writes about living abroad and investing in international real estate.
She also maintains www.shelteroffshore.com
- Shelter Offshore Investment & Real Estate which is an online resource
for expatriates, international investors and anyone planning a new life
abroad. |
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| Definite Articles: How To Make
Money Overseas As A Writer - Expat
Writers Course - You want to live overseas. You want to live
free. You want to be your own boss and keep your own hours. The question
is how do you make a living. The first answer that comes to mind is writing.
At least that is the first answer that came to my mind. Writing is a good
way to make a living overseas; travel articles, newspaper stringers, stuff
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It isn't an automatic process, but what is? Now there is an expat
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Residency In Belize.
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there's a new eBook that will take you to Belize and help you stay there. |
| Easy Belize: How to Live, Retire,
Work or Invest in Belize - Easy
Belize: How to Live, Retire, Work or Invest in Belize - Belize
- the laid back Caribbean country of Central America! It's a favorite of
those seeking a calmer lifestyle in close proximity to the wonders of nature.
Like a un-planed 2x4 full of splinters, Belize is sturdy, rugged and full
of sandfleas, but it also has it's share of beautiful islands, adventuresome
spirits and rum soaked nights. It's the place we dreamed about as children.
A place where we could do what we wanted without being called in to wash
up for dinner. It's a place where you need to know how to repair your own
car and replace parts of your plumbing with bailing wire and tape. It's
also a place where big brother isn't looking over your shoulder and you
can set your own building codes or own a flock of chickens. It's a place
where you can spend the day fishing without trying to keep up with the
Jones's. It's also become one of the hottest expatriate destinations in
Latin America. ...it's not for everyone, but it may be for you. If so,
there's a new eBook that will take you to Belize and help you stay there. |
| The Dominican
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goals both with real estate and other investments. |
| Christopher Howard's Guide to
Costa Rican Spanish -
Guide
to Costa Rican Spanish - Although many of Costa Rica's well-educated
people speak English, (and more than 30,000 English-speaking foreigners
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eBooks
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eBooks are a great idea. Consider
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