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5 Tips For Managing Your Currency Exposure As An Expat…

Managing exchange rate risk and transferring funds internationally are a part of life for expats and making sure that you do this effectively can make a significant difference to the cost of covering regular expenses and major purchases. Currency Index, the expert currency consultants, set out their top tips for managing your exchange rate exposure...

Want To Work Abroad – 5 Top Tips For Adapting Your CV

Are you seeking a new adventure, looking to travel or live abroad, but still need to be active in the job market? Gaining a career abroad could make your dream of living in another country a reality. Written exclusively for Expat Network by Andrew Fennell, the founder of StandOut CV However, if you want...

5 Trends in Australian Permanent Residence Migrants Need to Know

Australia’s permanent migration intake has fallen to its lowest level since 2008 with only 160,323 permanent residence visas granted in 2018-19, according to recent Department of Home Affairs statistics. In 2019/20 and over the next four years, we can expect this figure to plateau with Australia’s new planning cap formally set at 160,000 permanent visas...

Choosing A Family Health Insurance Plan With The Best Cover

Picking the right family health insurance plan can be a daunting task, especially if you are planning to relocate to another country with your family. To help make the process less stressful, international insurance broker and family health insurance specialist, Pacific Prime, has 5 quick tips for choosing the best plan. Written exclusively for Expat...

Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.