What does it mean to be an expatriate? Part 2 – How to choose your paradise
As mentioned in Part 1, there are some countries that are very popular now amongst the expat community. They all have their own appeal and it can be quite confusing and stressful deciding as to where to start.
My proposed 10-step program is designed to help you decide on a country you would like to make your paradise.
Make a list of the world’s top overseas havens.
Step 2: Write down a list of your personal preferences and priorities. Write them down in order of priority. The list may include things such as climate, cost of living, taxes, culture, language, healthcare, accessibility to your home country infrastructure and government incentives for foreign investors.
Step 3: Consider the pros and cons of each of these countries according to your priorities. Make a tally sheet for each country.
Step 4: With the information you have gathered, limit your choice down to 3 countries.
>Step 5: My next step and motto is always: “Try before you buy”, so plan to spend time in each of the countries chosen.
Step 6: While you are in each of the countries use your time wisely and look into, living costs costs, employment or business possibilities, transport means, education standards, schools, personal safety issues, postal services and banking services, Internet availability etc.
Step 6: Meet with seasoned expatriates who are living and working in the country.
Step 7: Look at as many properties for sale as you can.
Step 8: Set up meetings with experts on residency for all 3 countries.
Step 9: Look at all your facts and identify which country aligns most with your priorities and preferences as well as your values and the kind lifestyle you want to live.
Step 10: Make your choice, plan an extended stay if possible, don’t look back and enjoy the process.
To summarize, I am not saying it is easy not to look back, but always keep in mind that you’re not alone and not without a plan. Use the outline of the 10-step program, do your homework, speak to experts in the field and if you really want to live a different and better life, commit yourself to getting into action and maybe this is the year that it will make happen for you.
Next week, in part 3, I will post suggestions for what you need to do to when you are about to take up residency.
Quote of the week
“Create a definite plan for carrying out your desire and begin at once, whether you are ready or not to put the plan into action.” Napoleon Hill
We would love to hear how your plans for expatriation are progressing? Which country are you moving to? What helped you make your decision? What difficulties have you encountered if any? Your share could help someone else in a similar situation.