Although the current global pandemic certainly adds a level of caution, the New York Times had dubbed 2020 as the easiest time to live a seamless international life prior to the spread of the coronavirus. International insurance policies and the affordability of health care in other countries make it attractive and attainable.
Since 2013, the number of expatriates worldwide has grown at an annual rate of almost 6%. A recent report by Finaccord projects the number to reach 88 million by 2021, which is an increase of 22 million in just over 4 years.
The List of To-Do’s Is Long for Making a Move Overseas
If you are pondering a move overseas to join this growing population, there are several considerations that should guide your planning. First of all, the expenses of moving to another country add up quickly. The list of items and services to purchase is long and rarely does anyone nail it perfectly on the first shot.
There will always be costs along the way that pop up so build in a buffer when it comes to your budget. Any margin set aside will go quickly, but knowing ahead of time and planning for it helps to soften the blow along the way.
Taking time to research all your options and learning from those who have gone before you will help you cut costs on international shipping, plane tickets, and necessary documentation granting an expat authority to remain in a foreign country for an extended period of time.
The More Time Before Your Move the Better
The greatest resource for those making plans to move overseas is time. If you don’t have to relocate quickly then shopping around, arranging your taxes, selling what you don’t need to take, and choosing sea freight over air freight will go a long way to cut costs.
The good news is that there are a growing number of online resources to guide you in the process. A quick Google search will yield websites like Transitions Abroad, which among many others provides help for the collaborative community of Americans living abroad.
Whether an overseas move is due to corporate relocation or just a desire for change, contacting a reputable moving and storage company like Capitol Relocation & Logistics is a good place to begin. With their decades of moving experience, the professionals at Capitol Relocation & Logistics will be able to point you in the right direction regarding next steps.
Call Capitol Relocation & Logistics at (860) 415-4400 or use our online contact form to request more helpful information on making your move overseas.