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Tips for Retiring Abroad

By December 3, 2021 No Comments
Tips for Retiring Abroad

Are you dreaming of spending your golden years abroad with a mojito in hand and the sun shining every day? Retiring abroad is an exciting prospect and a great way to spend your retirement. However, there is a lot of planning and organisation involved to successfully make the move.

But if you’re ready to take the leap – here’s what you need to know.

Choose your dream destination

You may already know exactly where you want to settle, but it’s worthwhile doing some research on these locations and talking to expats that already live there to help you decide if it’s the place for you. Some popular post Brexit destinations for Britons include:

  • Spain
  • USA
  • France
  • Dubai
  • Italy

You may want to stay in Europe to make the move easier and to be closer to family. Or you may want a fresh start across the pond. Take into consideration health care, climate, cost of living and ease of securing a visa.

Look into your visa options

Your ability to secure a visa will vary depending on where you choose to go. Now that the UK no longer belongs to the EU, if you plan to move to a European country, you may need a visa which will require you to comply with the specific requirements of the country you’ve chosen. You will also need to tell the relevant government offices that deal with your benefits, pension and tax such as your council, benefits office, international pension centre and HMRC. You can still vote in UK elections and your UK citizenship will not be affected if you retire abroad.

Secure your housing

If you’re considering selling up and buying property in your chosen location, don’t assume that the real estate market or home buying standards are the same abroad as they are in the UK. Some countries have restrictions on where foreigners can’t buy property – which may stop you from settling in your ideal location. Renting may be a safer option, if only for a few months when you arrive.

Find an international shipping company

In order to successfully transport all of your beloved items, you’ll need to find a reliable removals company that offers international shipping services. You’ll want to find a removals company that offers free insurance, free packing supplies, specialist item removal experts and DBS checked staff. Check reviews and testimonials and you’ll feel confident when the time comes to ship your items to your new home.

Essex Removals are a removals company based in Romford offering storage, shipping, packing and removals to help you with your house move, whether across the country or abroad. If you need domestic, commercial or specialist removals, we’re here to help. Get in touch today.

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