Planning Your Move Abroad - What You Need to Consider

LuggageIf you've taken the decision to live and work abroad - either temporarily or permanently - then you will no doubt be excited about what your new life overseas has in store. However, there is a lot to consider when taking up residence in a different country, and it is essential that before you embark on this foreign adventure you ensure that you have researched your destination thoroughly.

Not taking the time to do so could lead to your dream move turning into a nightmare, so read on as we outline some of the key things you need to consider to ensure that doesn't happen.

Healthcare

Living in the UK it can be easy to forget just how lucky we are to have the NHS, however this free healthcare will not necessarily be available when you move to a new country.

As a UK citizen you will be entitled to free or low cost healthcare within the 27 EU member states (including Iceland, Liechtenstein, Norway and Switzerland), however this is only when you are residing there temporarily.

Regardless of where you're moving to and for how long, it is essential that you do your homework into the healthcare you will be entitled to, as well as the details of any medical insurance you may need.

Driving Regulations

If you are moving to one of the 27 countries within the EU then you can use your UK driving license, however for any other nations you will need to obtain an International Driving Permit.

The IDP costs just £5.50 from the Post Office, however it is only valid for one year from date of issue. If you are going to be living abroad for longer you will need to check with that country's licensing authorities as to how you go about securing a permanent license.

To allow you to drive in your new country at all however you will have to get you car there in the first place, meaning you will need to utilise the services of a car shipping company.

Understanding Your Tax Status

As a non-UK resident you will be exempt from paying UK income tax as well as UK capital gains tax, however to qualify as a non-resident you must be able to show that you have moved abroad permanently or that your work will last the duration of an entire tax year.

Tax Returns

If you do plan to return periodically, it can be no more than 182 days in any one tax year and an average of less than 91 days over four consecutive years.

Every year thousands of Brits take the plunge and start a new life in a new country, and there are a whole variety of reasons why doing so will be the best decision you've ever made. Make sure that you follow this advice to ensure that your move goes ahead without any major problems.

Featured images:

  •  License: Royalty Free or iStock source: http://officeimg.vo.msecnd.net/en-us/images/MH900433197.jpg
  •  License: Royalty Free or iStock source: http://officeimg.vo.msecnd.net/en-us/images/MH900316868.jpg

This guest blog was written by John Rooney on behalf of Auto Shippers UK, experts in car shipping who can help you make the move abroad.

Comments

Always afraid of Tax

Moving to work in Uk was a nightmare for me as we had to change location from USA to UK. I was going to get my first job. I have always dreamt about this and want it. But knowing I had to pay bills and tax make me feel I am not ready. Finally we moved late October 2010. Well, I had planned about this knowing that you pay tax to how you own. Planning is a most fellas. Thanks for the article and I hope people trying to move abroad will follow your advice.

Exactly why I didn't move to UK permanently

As a US citizen, I've long to live and work in UK since my Uncle Dennis stays in UK and own his business. I felt UK will be great for me too. But with the cost of living with tax, I feel I needed a rethink. I might eventually be coming to UK for 10years of work stay, but not yet. I did prefer Canada.