Are you planning to move abroad this year and on the hunt for the most 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
Why it is Important That Expats Purchase a Global Health Plan While Living Abroad
Moving abroad for work, extended travel, or retirement is a huge endeavor for individuals, couples, and especially families. You will have many preparations to make before you live overseas and even more adjustments and often culture shock once you get there. Read more
Here’s Our Best Expat Health Insurance at Expat Financial
When you plan to move abroad, one of the top things on your checklist is to ensure you have the proper health coverage in your expat destination. More and more expats & global nomads feel secured during the global pandemic by having comprehensive international health insurance in place. Also, many countries are requesting that expats have health coverage in place before entry. So, how do you know which is the best expat health insurance?
Learn About the Economic Benefits of Expats
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
Learn the Importance of Evacuation and Repatriation Insurance for Expats
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.
Some Quick Tips for Global Employers Adapt to Current Global Economy & Covid-19
The recent pandemic has changed the global workforce. The business shutdowns and disruptions of economic activities across the world have led to huge losses. Countries have started easing some of the COVID-19 lockdowns and restrictions, but it will take a lot of time to get back to usual business operations for most companies. The current scenario demands that businesses adapt to the new normal and start functioning with utmost caution. Read more
Five Things to Know When Planning Your Finances as Global Nomad
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
5 Destinations That are Expensive for Employers
There are numerous expat locations across the world; however, many of them are not affordable for expatriate living. A lot of expat destinations are costly for employers. The pay packages of expat workers include remuneration, benefits, insurance, tax benefits, relocation allowances, etc. Benefits expected by most expat staff includes accommodation allowances, international school tuition fees, and utility services.
How a Digital Nomad Can Stay the Course During the Pandemic
As with every sector halting during the pandemic, the travel sector took a huge hit. According to WYSE Travel, the travel industry experienced a 60% drop in the first quarter of the year 2020. As countries experienced the highs and lows of the pandemic, the current situation is seeing people traveling within the country. For example, citizens in Canada are making plans to visit other provinces, and Malaysia is seeing locals spending long weekends in islands or even exploring different states at a stretch. If you living in an expat destination or plan to move to one, this article explores how one can still be a digital nomad during the COVID-19 pandemic.
Check out Where To Work & Live in Colombia as a Global Citizen
Colombia has turned out to be a favorite for innumerable expats seeking a decent quality of life at low costs. Most of its cities are welcoming enough with adequate social activities, comfortable climate, and much more. If you are more comfortable in a cooler climate, the coastal cities with all the heat and humidity may not be too attractive for you. That being said, there’s several places expats that can live and work in Colombia. Read more
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