8 Of The Most Compelling Reasons To Relocate

The process of relocating abroad is not an easy one, and the costs associated with an international move are typically quite high. Even though there are some ways to make moving less stressful and expensive, you will have to start planning and preparing for the move three to six months in advance, and it’s also wise to visit your new home destination first. Beyond this, you will also need to think about international health insurance for expats and sort out a mountain of necessary paperwork.

But despite all of these hurdles, reports show that roughly 40 million Americans decide to relocate abroad permanently every year.

So if you’re wondering why there’s such a large number of people relocating, here are a few common reasons people decide to start over in a new country.

Pursuing A Lucrative Career Opportunity

One of the most relatable reasons people decide to relocate is to pursue a lucrative career opportunity. Some countries can offer professionals better pay, work environments, employee benefits, and even superior work-life balance, but the local workforce can’t meet the job market’s demands.

As a result, companies often search abroad to fill the workforce gaps. Often, hiring companies abroad are prepared to afford the costs of relocating, making it even easier for professionals to make a decision because financial restrictions aren’t a concern.

Access To A Better Job Market

While some professionals relocate to access a lucrative career opportunity, others relocate to access a better job market. Because factors like labor and demand, economic regeneration initiatives, minimum wage policies, education programs, and the working populace differ substantially from one country to the next, professionals often decide to move abroad in search of better job opportunities.

So if you’re hoping to relocate to access more job opportunities, consider Germany, the United Kingdom, Switzerland, Canada, the Netherlands, or Singapore. These countries all have thriving job markets.

A Safer Environment

It’s no secret that some countries are safer than others; countries like Afghanistan, Yemen, Russia, and Syria are ranked as the most dangerous places to live, while Canada, New Zealand, Japan, and Norway rank as the safest. As a result, many families decide to relocate abroad for a safer environment.

A Better Quality Of Life

While a safer environment contributes to a better quality of life, there are also several other factors in this category that compels ex-pats to relocate permanently. With a better quality of life comes better workspaces, excellent education facilities, access to quality healthcare, and even better weather.

Regions with the best quality of life to offer ex-pats are Switzerland, Germany, Sweden, Norway, Canada, Australia, and Denmark, to mention a few.

Access To Better Education

Education systems differ around the world. While some countries can offer students an extensive world of learning, other countries don’t have the resources or expertise in educational fields.

With this, if you are thinking about relocating in search of better educational opportunities for your children or even yourself, the top countries to consider are Canada, the United Kingdom, the United States, Japan, and Finland. 

Family Commitment

Sometimes, family commitments encourage people to make a move abroad permanently. Whether an aging family member needs your support, your spouse has been offered a job abroad, or you want to reconnect with family who has already relocated, family commitments are another common reason expatriates make the decision to move.

The Opportunity To Pay Less Tax

For many working professionals, paying income tax is a bitter experience. With the rising global cost of living, an impending international economic crisis, and other financial stresses, paying income tax has become more of a burden than it should be.

Unfortunately, income tax in some countries is shockingly high. Japan, Spain, Sweden, and Belgium are among the countries that charge the highest income tax. On the other hand, Somalia, Qatar, Monaco, and the Bahamas are just a few countries with zero-income tax obligations.

The Chance To Start Over

Beyond better job markets and not having to pay income tax, another common reason people decide to relocate is simply to start over.

While some long to start a new chapter of life while admiring a foreign beachfront, others dream of a new life elsewhere. Whether you want to reset your social life, career, or even family life, everyone deserves a chance to start over.

Even though moving abroad is an expensive and lengthy process, the benefits of relocating tend to outweigh the downfalls for expatriates. That said, if you are thinking about relocating, it’s worthwhile to rely on a relocation agent and start planning as soon as possible. Because an international move includes various challenges, it’s essential to be prepared for every aspect, from shipping your belongings and finding accommodation to purchasing the right insurance policies, applying for a work permit, and everything in between.