Finding a new career is a huge accomplishment. Being given the opportunity to move, work, and live overseas with that career is exhilarating. It's a huge step that takes a lot of planning and consideration. It isn't as easy as buying a ticket, packing, and finding a place to live. There's more complexity; ask yourself these five questions before moving abroad for your job.
1. Will you make enough money?
Heading overseas is a great move, but how comfortably will you be able to live? With any kind of move, the cost of living changes. A good idea is to research the cost of living of the new location in reference to your current residency. The exchange rate can easily be overlooked, so be sure to work that into your figures. Be sure that your salary and your savings are going to be enough to live comfortably in your new job site.
2. Who is going to pay for and help with the move?
Many companies help with relocation. They help initiate the move and take care of some of the expenses through payment or benefit packages. The move itself is expensive and complicated. Be sure to research what's needed and get involved with the process. Know who is paying for the move and how much they are going to contribute. Are you going to have to cover any expenses? If so, will you be reimbursed? It's best to have all of your financial records and documentation in order before you pull out your luggage.
3. Are the working conditions/responsibilities going to change?
The move will hold some work changes. Be sure you are aware of your responsibilities as required. Read your contract thoroughly and hire a lawyer if you feel uneasy. It's important to know what you will be expected to do and in what kind of work area you will be.
Also, employment laws are much different in other countries. Some are more involved and others might as well not exist. Are you going to be expected to work more than before? For less pay? Learn the laws and rules beforehand so you and your time aren't abused.
4. What are you going to be paid when you get there?
It's always a good idea to budget for any move, especially a trek overseas. Save what you think you will need for the move and budget to be sure you can live for a couple months in case of any paycheck delays. Companies often offer housing, and some help with living expenses, but that doesn't mean you'll be basking in luxury.
It's good to know where the country ranks in quality of living, cost, etc., before you go. Also, your income can be taxed by the country you are now living in - and sometimes by your home country. Learn the tax laws and rates to budget accordingly.
5. What do you need to do to come back to the U.S.?
People temporarily living and working in a different country are regarded as expatriates. Learn what steps need to be taken to gain repatriation when you and your family return. There are a lot of details involved with repatriation, and it's best to research or hire someone to assist you. The last thing you want to do is work overseas and then learn there are complications regarding your return to the United States.
Traveling abroad is a dream of many and having the opportunity to make money doing it is unreal. Many people are given the chance but often jump the gun and get themselves in a mess. You don't have to be one who gets overwhelmed. Use the above questions as part of a plan before you move. Assess, research, and make a plan before you head to another country.
Follow us on Facebook to see what we can do for you when you move abroad!
Lorena Brockman is a blogger for JennsBlahBlahBlog.com and has notable know-how in blogging, travel, relocating, and has been deemed "Greatest Auntie Ever" by many. To learn more about Lorena, visit her company's blog at JennsBlahBlahBlog.com.