Moving abroad can be costly. You have to prepare a lot of things in advance, pack and ship your belongings and sometimes also selling your home. After that, you have the stress to shell out for the best new life overseas. Here are some useful tips for saving when moving, so that you can spend more money on enjoying your new destination.
Select a good time for the move
Picking a good time for your relocation can be economically beneficial, try to avoid the peak seasons. Find out the times that are better for real estate’s searching such as the end of the school year. You need also consider any relevant national events in your new destination, and avoid these dates if possible.
Share moving expenses
You might be able to save some money if you can be flexible about the shipping date by using the groupage method. This option lets you to join your shipment with others and share a container, rather than having to carry the cost of your own one.
Open a local and an international bank account
Opening an international bank account before you relocate can be an excellent way of saving money. By having an international bank account together with a local bank account, you can make easily transfer funds between the two of them and avoid expensive fees. A local bank account will also give you an easy access to your money upon your arrival.
Control your expenses
The firsts months in your new destination can be an expensive, most expats said that the first year in a new location is the most expensive. A simple way to control your costs is to create a budget in advance, and then try to stick to it. Keeping track of your expenses will help you to make savings if necessary.
Choose a good place to live
Property prices may be cheaper outside of the city centre, but be realistic about the pragmatisms of choosing your new home far away from the centre. If you are likely to have an lively social life, the cost of regular transport to the centre may actually be bigger than the money you save on living outside.
Make local networks
Local citizens have the best knowledge of their city, along with precious money saving tips. Try to get familiar with your new atmospheres as soon as possible. From knowing a good local food markets to finding reasonable stores and restaurants, getting to know your local area can help to save money .
Want to know more tips on settling-in your new country? Contact our local experts.