Expat Tips Archives - Expat Financial - Global Insurance for Expats

What is an expatriate and how do I become one?

November 15, 2019/in Expat Tips /by David Tompkins

There are numerous reasons as to why someone will make the decision to relocate to a new country and become an expatriate. Whether it is an inbound decision for wanting a new life of adventure or you are being relocated due to your job, there is an abundant amount of benefits for making the move. The term expatriate is often misinterpreted and misconstrued and this page is here to help you understand what it means to be an expatriate and how we recommend preparing for your new life. Read more

RSA is Not Renewing Their Expat Health Plans for Canadian Expats

We were recently approached by a Royal Sun Alliance Canada customer who received a letter stating that RSA health plans for Canadian expats no longer and they would “be offering the Viator Expatriates Health Insurance coverage directly to individuals” and “upon expiring of your current coverage, you will need to contact another insurance provider in order to purchase a new policy and ensure that you have continued coverage as an expatriate.” This left this customer with an urgent need to find a replacement policy. Luckily, she was able to get a quote and secure an excellent global health plan from one of our insurance suppliers. Read more

Top 10 Safety and Security Tips for Expats Living Abroad

November 8, 2019/in Expat Tips, Uncategorized /by David Tompkins

Learn About Staying Safe While Living Abroad – Top 10 Safety and Security Tips

As we all know, “an ounce of prevention is better than a pound of cure.” This old adage definitely applies to expats. Moving to a new country can be exciting as well as challenging; however, taking the necessary steps can keep you safe from various risks associated with expatriate life. You don’t have to compromise on your safety when you pack your baggage to move to your desired destination. Remember that feeling secure is one thing that you will have to work on initially no matter where you plan to relocate. This doesn’t mean that you will have to live in fear as an expatriate. Get armed with all safety and security tips for Expats given below and make your stay in your new abode all the more fascinating and blissful. Read more

The importance of protecting your income while working abroad

July 14, 2019/in Expat Employers, Expat Tips /by David Tompkins

Make Sure you Purchase Disability Insurance When You Work Overseas

Nowadays, apart from safety, what most people are concerned about when considering an offer of employment overseas are the salaries and benefits coverage. According to HSBC’s Expat Explorer survey, more than 35% of expats working in the banking and financial services sector in Hong Kong make more than HKD 1.55 million annually. And according to ECA International’s annual MyExpatriate Market Pay Survey, middle expat managers in Japan earn $375,289 per year on average. An expat professional’s income is one of the most valuable assets, but what if an unfortunate event happens and you lose that income? Disability can occur at any time. In this article, we will discuss the importance of protecting your income while working abroad.

Expat Tokyo - Why you need international health insurance?

6 Reasons Why You Should Relocate Overseas

July 1, 2019/in Expat Lifestyle, Expat Tips /by David Tompkins

Six Reasons Why You Should Move Abroad

The traveling bug seems to have taken the world by storm. One can also call it the “expatriation bug” as people are moving abroad in increasing numbers. While there are people who are investing their time to explore new pastures for the sake of adventure and fun, there are many who are actually looking to turn it into a way of life. In fact, the idea of departing from an old and mundane lifestyle to a new beginning seems extremely inviting.

Tips on Becoming a Global Nomad

June 30, 2019/in Expat Lifestyle, Expat Tips /by David Tompkins

Become a Digital Nomad Abroad – Global Nomad Tips

Being a global nomad is definitely an intriguing opportunity for many people. However, there are many factors that come into play while choosing an expat destination. Prior planning regarding the city you would want to move to, type of residence to book, and children’s education is a must to look into if you don’t want to juggle around at the eleventh hour before departure. We have created a beginner’s guide for tips on becoming a global nomad to get you on the right track for your next adventure!

9 Questions To Ask Before You Become An Expat

June 28, 2019/in Expat Tips /by David Tompkins

9 Important Questions To Ask Before You Become An Expat

Planning to kick-start your journey as an expatriate? Still confused about deciding to settle abroad? Moving to a foreign country on a short-term or long-term basis is in no way an easy choice to make. Your international assignment is a big step in your career, life or even retirement. You may even be going abroad for a few years for extended travel. To make the most of your days on foreign soil, asking yourself a few questions will certainly help. Here are 9 questions to ask before you become an expat living abroad, or even if you have already moved offshore to your dream destination:

Top 7 careers for Expats in South America

June 26, 2019/in Country Information, Expat Tips, international health insurance /by David Tompkins

Careers for Expats in South America

Planning to start a new life overseas? If you want to boost your income and travel at the same time, you’ll be happy to know South American countries and cities offer a wide range of jobs for expats. Based on your skills and qualifications, you can definitely find a decent job to take care of your expenses. We have created a list of the top 7 careers for expats in South America that will aid you in your search abroad:

Make sure you research international health insurance coverage before moving abroad

June 16, 2019/in Expat Tips, international health insurance /by David Tompkins

Moving abroad can be an exciting and life-changing experience for you and your family. If you are going abroad to study, work, travel or retire, it is vital that you be prepared for life’s overseas challenges, including healthcare. Unfortunately, many expats do not properly research international health insurance options before departure and some even think that their domestic plan will cover their health expenses overseas. In this article, we will discuss the importance of international health insurance, healthcare costs overseas in general and how to obtain a healthcare insurance quote online.

5 Common Challenges Faced by Expats

June 5, 2019/in Expat Lifestyle, Expat Tips /by David Tompkins

Challenges that expats often encounter while living abroad – Five Plus One.

Moving abroad is often an overwhelming experience for any expatriate. The act of moving to a country that is unfamiliar to your own, a limited social network, and new cultures and languages can often feel burdensome on many people. As an expat moving abroad, there are surely going to be some challenges and obstacles when it comes to the relocation process, as well as the adjustment period once relocated. Many people will react to the stress in different ways as challenges will vary depending on location, cultures, languages, personal mannerisms and general customs of the country.