With the joy of
the internet allowing us to explore the world from the comfort of our own home
and dreaming about visiting far tropical sunny places; it seems that more and
more of us are actually planning on moving abroad at least for a few years in a
bid to broaden our horizons and experience different cultures and ways of life.
If you're
currently considering relocation overseas to for example ARUBA, and thinking
about whether you could survive a move abroad and personally benefit from
expatriation, then this 9 things article could help you get some planning in
place to make your decision that much easier.
1) Location, Location, Location
Where in the
world would you most like to go? What is it about moving abroad that appeals to
you? Where in the world are you allowed to live and work and which countries
can fulfill the dreams and aspirations that you have for a new life abroad? By
asking yourself questions such as these you can do your location research
accordingly and ensure that wherever in the world you decide to move to you
will get access to the facilities and amenities you want and live the kind of lifestyle
that you're dreaming of.
2) Learn the Language
You will get far
more out of stay overseas if you make the effort to speak the local lingo.
Consider taking language lessons before you go and then continue your training
among native speakers once you relocate. You'll find it seriously rewarding and
by having a second language under your belt, chances are even more countries
will begin to appeal to you where you can go and live and practice your new
foreign language skills.
3) Finding a Home
Getting
accommodation sorted out will be a priority when you move abroad. Even if
you're expatriating for good, consider renting real estate before committing to
purchasing could be a wise idea. That being said; rental rates in Aruba are
high and it is currently still a buyer’s market, so there are great deals to be
found buying a property now. See www.arubahouses.com for some great
listings.
4) Keeping a Home
If you already
own real estate in your original home country what are your plans for it while
you're away? Will you leave it empty, rent it out or even sell it. Your
decisions may depend on whether your plans for a move abroad are temporary or
permanent of course - but remember real estate is usually a great asset to hold
on to but that your decision relating to what to do with your home will have a
certain taxation implication, from income tax due on rent earned to capital
gains tax due on a house sold.
5) Jobs Abroad
Are you planning
on moving abroad to work - if so are you allowed to work in the country you're
planning to move to? Will you need permission to take employment, will your
skills and experience be valued or even recognized abroad. How realistic is it
that you will find a well paid job abroad? You have to look into the realities
of all these questions and ensure that you can work abroad and afford to live
the lifestyle you want to live. Before moving to Aruba you’ll contact Dimas for
Residency and Work permit requests. Website: http://www.dimasaruba.aw
6) Taxes
All countries
have different tax systems and some countries like America seem to own their
citizens in taxation terms no matter where in the world they live. Check out
what rates of tax you will be paying overseas, make sure you won't have to pay
tax back home as well and ensure you're not about to move to a country where
tax is even higher than you pay currently - because where would the fun be in
that!
7) Visas and Permissions
Will you require
a visa to move to your chosen country before you even arrive or can you sort
out residency and employment visas once on the ground? Ensure you know your
legal obligations in terms of getting permission to enter and reside in a given
country before you even set out, because if you fall foul of the rules and
regulations you could be fined, imprisoned or sent back home.
8) Stay Healthy
Getting
healthcare treatment abroad isn't always as easy as you might think. Some
countries have a poorly funded healthcare system and other nations don't even
treat those without insurance in place. Consider having a good international
health insurance policy in place to cover you in all eventualities and which
will ensure you receive the best standard of care available. Don't mess with your health.
9) Financial Planning
And finally - before you even consider packing up and shipping out make
sure you have some money behind you to tide you over once you arrive and also a
financial lifeline in case you ever need to get back home in a hurry! Financial
planning might be the most boring but most essential part of planning a move
abroad. Get it right and you'll have nothing to worry about and you can enjoy
your new life - get it wrong and your new life abroad will be over before its
begun as you're forced to take a dead end job or even return back home and take
up where you left off having left your dreams for a brand new life far behind
you.
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