So you’ve been traveling around and found somewhere you’ve fallen in love with and can’t bare to leave? Or perhaps your work is calling for you to move overseas. Either way, you’ll probably be a little lost if it’s your first time moving overseas. There are lots of things to consider before you go, so I’ve made this helpful list of tips for moving overseas to ensure you start off on the right foot. This is a very exciting time, but a little forward planning will make the entire move all that much smoother:
International Health Insurance:
This is one of the most important things to look into. If your company is moving you overseas then there’s a good chance they may be covering your international health insurance. But if you have to find your own – and please don’t move to another country without some form of medical cover – then you’ll need to do some research. There are a lot of options when it come to International health insurance but not all types are created equal. Look into your specific health needs, the country you’ll be in and the amount of coverage you want. Please don’t move overseas without it – medical coverage in a country where you’re not covered can be financially crippling and not the best way to start your new life overseas.
A Foreign Bank Account:
Using your home bank while overseas is a great way to pay a lot in bank fees. Each transaction can cost you a considerable amount, so it’s best to move to a local bank account. It also means that all your money will be in the local currency, making it easier to budget and know how much you’re spending. While the international fees may not seem like here and there, if you add them up over a year it can be scary how much you’re spending.
Network Before You Go:
Being an expat can be challenging, especially if you’re moving somewhere with a new language. There are often Facebook Expat groups, so check them out in the area you’re headed to see if there are any groups. It’s a great place to ask about costs, where to find good accommodation and just general tips about living in the new place. The best people to ask are those who are already living there. It can be a nice way to find people to meet up with, too. As making new friends in a new place can be a little daunting, and having a friend or two before you arrive can really make a difference.
Moving overseas is really exciting and with a little forward planning you can make the move a lot smoother!