Moving abroad on a budget

  • Post By James Bingman, March 14,2016

There is something fascinating and exciting in the idea of moving to a different country. Nowadays, relocating abroad is not that difficult or uncommon. The only major obstacle is the cost. Moving abroad can be actually quite expensive, if not planned properly. Costs can be classified in three groups – incurred before, during and after the move. With the following tips, you will be able to minimise your expenses and make your international move without the undue stress.

Before you move

  • Take as little as possible - the more stuff you take, the more expensive the move. Shipping your belongings from one country to another is one of the largest expenditures related to moving abroad. Go through your belongings and decide what you will truly need in your new home. Be ruthless. You can consider selling or donating some of the stuff you won’t take with you. Expensive goods like pianos or antiques will cost you extra to transport. If you don’t want to sell them, your put them in a storage unit.
  • Sell early – if you are planning to sell personal assets such as your house or your car, you should do it at least 3-4 months in advance. If the market conditions are not suitable for selling, you can rent out your property.

During the move

  • Book your flight in advance – the tickets are most expensive during the Holidays and in the summer months. In addition, mid-week flights that depart early in the morning or late at night usually have lower fares.
  • Hire a reliable international mover – the key to moving successfully abroad is to find trustworthy moving company that will ship your belongings safely to your destination. Go through the user reviews and opinions. Obtain quotes from at least five companies and be sure you read the fine print for any additional charges.

After the move

  • Find inexpensive accommodation – You have several options to keep the accommodation costs at minimum. You can consider sharing a flat with other working professionals. If you are moving with your family, look for a short term rental to give you time to find a better deal.
  • Opt for affordable home contents – shop for used furniture and appliances. Get a fully furnished home.
  • Pay attention to the bank exchange rate- don’t get ripped off when transferring your money.