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Property Options In Australia

When moving to Australia there are several options for where to live and in what type of accommodation. It is often necessary to find temporary accommodation while you decide where you want to live long-term. While you find the solution there are a number of options: Traditional hotels– This can be an option if only needed...

Do New Buy-To-Let Rules Affect UK Expat Buyers?

Rules on UK lending introduced by the UK’s Prudential Regulation Authority limit the amount expat buy-to-let property investors and landlords can borrow on new mortgages. The new rules are designed to slow the demand for UK buy-to-let investment by demanding buyers raise larger deposits. Lenders will have to test affordability using notional interest rates of...

You Must Have Medical Cover To Enter Dubai

Anyone moving to Dubai for work or other reasons is no longer able to take advantage of the UAE’s public healthcare facilities. You must instead take out private medical insurance to cover the cost of your treatment. To make sure the new law is complied with you will not be able to apply for a...

Take Care With Pension Transfers Overseas

Qualifying Recognised Pensions Schemes (QROPS) may seem ideal to transfer your pension overseas, but beware of changes to these scheme rules which could cost you dear. Read more…

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.