predictions - Expat Network

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Number Of Expat Workers Over One Million By 2021

The global trend for international mobility looks set to continue as smaller and medium-sized multinationals, in particular, drive growth and encourage greater movement of employees around the world. This is a key finding from a study by Finaccord, which reveals that the number of multinationals worldwide is on course to reach 13,900 by 2021 while...

Head East For Best Salary Increases

According to the latest Salary Trends Report by ECA International (ECA), UK employees in the private sector are expected to see a real salary increase of just 0.2 per cent in 2018, the equivalent of approximately £4.41 a month (£53 pa) for the average worker before tax. This keeps the UK at the bottom of...

Expat Work Assignments Expected To Grow

Business leaders still view an international mobile workforce as key to meeting their strategic objectives, according to new research by global mobility specialists, Santa Fe Relocation Services. This is despite mounting concerns around immigration and an increasingly uncertain geopolitical climate following changes implemented by the new US administration and the anticipated impact of Brexit. Santa...

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.