What do I need to think about before I emigrate?

emigrate

One popular new year’s resolution is the decision to emigrate. Last year 137,000 people emigrated, with the top destinations being Australia (43,000 people), USA (23,000 people), Spain (16,000 people), China (16,000 people) and France (15,000 people).

The decision to emigrate (or relocate as it’s otherwise known) can be both a scary and exciting one. It’s likely that you’ll have a lot of decisions to make and will have a lot of mixed emotions surrounding the move. You may feel that the country you want to move to offers a better lifestyle and better job prospects, or you may be moving to be closer to a loved one. Whatever your reason for moving, there are several things you’ll need to consider and organise before making the move:

Work: Have you already been offered a new job? If not, will you line one up before you go, or are you planning to find a job when you reach your destination? Make sure you do thorough research on this front – different countries have different rules about work eligibility and visas, so it’s important that you abide by the rules for the country you’re planning to move to.

Finance: How does the cost of living compare to Britain? This will include things like the cost of housing, food, petrol, utilies and looking at how your salary is likely to compare – can you make it work financially? You’ll also need to consider the cost of relocating. If we take Australia – the most popular emigration destination – as an example, the costs of moving are likely to include a visa (costs range from around £2,000 to around £6,000 depending on the type of visa you’re applying for), air fares (minimum £600 per person) and the shipping of your belongings (£1,000-£5,500).

Healthcare: If you’re moving to Europe you’ll need a European Health Insurance Card (EHIC) to be eligible for reduced cost or free emergency medical treatment. Further afield, health insurance is often required before a visa will be granted and the cost of health and medical treatment in the country should be factored in when considering living costs in your destination country. Make sure you look into the medical situation of the country you’re hoping to move to in great detail so you don’t fall foul of tough rules like these ones which are applied to ex pats who move to Spain.

Property: Where are you planning to live when you get to the new country? Will you rent or buy? What can you afford? What will you do with any property you own in this country? There are many options when it comes to any property you own here. Renting it out is an option if you’re only planning to live abroad for a couple of years, but if you don’t fancy the hassle of property maintenance, lettings managers and vacant periods, you’re probably better off selling it and starting afresh. Make sure you use a trusted international removals company, however, who will help make the move smooth and easy for you.

Selling your property on the open market can add additional stress and pressure to your emigration plans. Unfortunately, around one in four property sales falls through before completion, so it can be difficult to make solid plans for your move. Your sale is not guaranteed until contracts have been exchanged, and it’s likely you’ll only have a couple of weeks between exchanging contracts and completing the sale, which is a short amount of time to make all the necessary arrangements. Some choose to move to rental accommodation before emigrating to free themselves up, but many aren’t keen on that choice because it means an additional move and also requires ‘wasted’ rental payments, which could have been paying off more of the mortgage if they’d stayed in their own home until they were ready to emigrate.

A cash home buyer like Quick Move Now is a great solution in these circumstances. A cash home buyer will buy your property, with their own cash funds, on a date to suit you and your onward plans.

Because they’re buying with their own cash funds, and not relying on a mortgage provider to secure the funds, the purchase is guaranteed and will be timed to fit your personal circumstances, which removes the fear of the sale falling through or holding up your move.

This content was written by Quick Move Now
Published on 4th January 2016
Last updated on 6th August 2018

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