How to manage your costs when you relocate abroad

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Relocating abroad often marks the start of an exciting period in someone’s life; a change of job or lifestyle or perhaps even retirement. But the costs involved can mount up if you’re not careful.

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Top tips to save your cash

Plan well in advance. As soon as you know when and where you’re moving to put together a timetable or project plan if you like. This will help you clearly see what needs doing when and in what order so that you can plan your costs well in advance and won’t succumb to kneejerk purchases.

Get several quotes for the main jobs such as storage and removal and research the companies, looking at client testimonials and feedback.

Consider doing your packing and moving yourself as this can save a huge chunk of money if you’re prepared to put in the hard work. Whether you’re moving yourself or using a removal firm get started well in advance. Sort through cupboards, lofts and garages throwing out items you no longer use or better still sell them to generate some extra cash. This will cut down on both the number of packing boxes and potentially the size of van you need.

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If you know that you’re going to need some temporary accommodation for a couple of nights when you arrive at your destination, check out the best prices as soon as you can. You can often get better deals if you book in advance.

When you finally get into your new home stop and think before making impulsive purchases, unpack all your boxes and settle in before deciding what new items you’d like.

Moving for a new job

If you’re relocating for a new job there are some costs which are exempt from tax and NI payments and the government website can guide you through this. Also, ask your employer for support, many will provide help with the costs involved in relocating. If you’re moving to a new company completely make sure that you negotiate some relocation support into your package.

If you’re unsure where to start consider using an employee relocation company such as who have a wealth of experience in helping people relocate abroad.

Whatever the reason for your move, try and reduce the stress and cost as much as possible and just enjoy the experience.

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