Relocating from your home or resident country to another country for personal or professional reasons is a huge decision.
To avoid any inconvenience while attempting to settle in a new environment, numerous elements must be considered, including local laws, culture, weather, cuisine, and so on. Let us provide the necessary information to refer to and cross-check while planning your relocation.
1. Visa and other formalities
To know about the visa rules and process, you have online access to all the information and steps you need to follow to keep yourself updated about the details and eligibility conditions for immigration.
It is strongly advised that you look for an international relocation company to guide and assist you in fulfilling all of the necessary processes and regulations for a smooth transition and will save you all the confusion and hassle.
Many countries follow a point system that is calculated based on your education, professional experience, marital status, age, etc. However, some countries require applicants to clear the online English proficiency test apart from other requirements.
Once you manage to score the minimum score, you are eligible to avail yourself of the visa you have applied for, such as education, work, permanent resident, and so on.
2. Understand the work eligibility criteria
Even if you have a visa, you need to be aware of the current rules of the nation where you are migrating when it comes to working.
Varied visa holders have different working hours in each nation. For example, students have a weekly or monthly maximum cap that they cannot exceed, whereas full-time work visa holders may have different rules.
Keep up to speed with the tax regulations of your home country to avoid penalties, and engage an accountant to file your tax return on time to maintain your reputation as a responsible taxpayer.
3. Plan your expenses
It is best to do all of the math on how much money you’ll need to survive for a certain period while trying to settle in the country of your choice.
There will be considerable expenses, such as lodging, groceries, and travel, that must be scheduled in order to avoid tension and stress.
Furthermore, suppose you wish to tour the country where you have shifted base. In that case, the pre-planned budget will enable you to decide whether to travel and explore with a chartered cruise or any other public or private form of transportation that is affordable and you do not go overboard and regret later.
4. Medical and life Insurance
Do not overlook the cost of medical insurance premiums to cover you from hefty hospital bills in case of a medical emergency. You have several online portals to refer to that helps in comparing the premiums while providing details of the miscellaneous clauses before you end up buying one.
Life is full of uncertainties, and to safeguard the interest of your dependent family members, valuable life insurance should fit into your high priority list.
When choosing a neighbourhood, it is essential to think about how accessible grocery stores, public transportation, educational institutes, malls, famous sites, banks, and other government organizations are to your new home.
Also, keep yourself aware of laws related to tenancy before signing the rent agreement to avoid any legal conflict in the future with your landlord.
6. Banking and finance
It is vital to apply for a banking account for all your financial transactions paired with a resident identification document required to file taxes, avail of loans, receive a salary, and build your financial credentials to assist you in the future.
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I am Adeyemi Adetilewa, a media consultant, entrepreneur, husband, and father. Founder and Editor-In-Chief of Ideas Plus Business Magazine, online business resources for entrepreneurs. I help brands share unique and impactful stories through the use of public relations, advertising, and online marketing. My work has been featured on the Huffington Post, Thrive Global, Addicted2Success, Hackernoon, The Good Men Project, and other publications.