Moving abroad is the adventure of a lifetime, however before the adventure begins, there’s plenty of planning to do. An important aspect of this planning for Americans moving abroad is understanding the tax implications of the move, to ensure that you pay as little tax as possible and avoid penalties, which can be applied even if you weren’t aware of their obligations. Read more
Are you planning to move abroad this year and on the hunt for the countries with affordable healthcare? If so, you’re in the right place. For most people, planning to move abroad is all about packing, ensuring finances are right, choosing the right neighborhood, and renting. However, with the recent pandemic, many more expats see the importance of global healthcare. Plus, countries that have reopened their borders require proof of international healthcare coverage to enter. Read more
There comes a time in an expat’s life where they reach a roadblock. The job that you highly anticipated and moved abroad for may be taking its toll on you in many different ways. But before you decide your expat job isn’t working out for you, there are certain steps you can take to ensure you are making the right decision. At the end of the day, you want to exhaust all your options before making the final decision.
Moving abroad is both exciting and terrifying. As you start to plan your move to become an expatriate overseas, you realize there are never-ending tasks to be completed. There are so many things to knock down off your relocation checklist before you pack your bags and move to an expat destination. We don’t say this to scare you but give you a realistic idea of what needs to be done. Read more
The recent pandemic has made traveling to another country a lot more difficult. With many countries closing their borders and adopting strict guidelines, people found new ways to live and work. Now, the second wave of COVID-19 is crashing the shores of many countries around the world. Despite that, some borders are still open to visitors, but not without international health insurance for entry.
Over the years, there has been a global rise in expats and international citizens. There are many reasons why people move abroad to live the expatriate lifestyle. There are many benefits to becoming an expat and living an overseas lifestyle – such as cultural enrichment, career development, tax savings and the overall experience. But what are the benefits to the country and local nationals of expatriates living in their destination countries? Read more
At Expat Financial, we encourage expats to include evacuation and repatriation insurance. It is particularly important when they are on the other side of the world, living and working. In this article, we will learn the difference between the two and the importance of evacuation and repatriation insurance for expats.
A List of Common Problems of Moving Overseas for Expats & Global Nomads If you plan to move abroad or have been living abroad for some time, you would have spoken to many expats who have sailed the same boat. One of the common topics that would come is the challenges expats face. In this […]
We’ve heard this term numerous times before. With globalization, there has been an increase in the number of global citizens, or international citizens. It is generally not too hard to become one as long as you are able to travel given the COVID pandemic. An international citizen is often seen as someone who is aware of the world and understands their role in it. Read more
Every global citizen, digital nomad, or expat needs solid planning in terms of finances and wealth management. Without the right financial planning, it will be difficult for you to manage and grow your wealth no matter how much your monthly income is. Financial hurdles are often faced by expats globally, which in turn can affect their monetary stability in a foreign land. Read more
