Making the Transition to Living Abroad

People move away from the U.S. for a wide range of reasons. Some relocate, either temporarily or permanently, for their jobs and careers. Others leave the country to enjoy retirement, to take in new scenery and perhaps to stretch their retirement savings a bit further. Still others move away from home to pursue a romantic relationship, or simply to add adventure to their lives.

To summarize the infographic, it could be said that the two most important principles for a life abroad are to stay busy and get informed. The more you interact with the local people, the more you expose yourself to the local culture, the more you see and the more you do, the less strange everything will be. And although the best way to learn is by doing, reading up and getting an education on tax requirements and other financial matters will be of great value in money matters large and small, from wealth preservation to setting the weekly food budget.

Graphic created by Expat CPA.