Step 1: Identify a destination. There are serious factors you must take in consideration to not transform your dream home in a nightmare. These are lifestyle (culture, sport, shopping, amusements), cost of living, health services. Research health insurance options, comparing local, in-country policies with those of international options and be carefull with costs, coverage, restrictions.
Step 2: To relocate full-time, you need to determine the best residency visa option given your circumstances, meet with an experienced attorney in your chosen destination
Step 3: Speak with a tax advisor or an attorney who specializes in taxation and international tax issues in your chosen destination and one in your home country.
Step 4: Research real estate options in your destination. Even if you are looking for a modest property, contact agencies specialized in luxury properties, those which offer, efficiency, attention to detail, professionalism and availability that are often lacking in the real estate market, to make a purchase securely, safe in the knowledge that your property is free from any potential problems. A great suggestion could be to rent firstly your chosen property, to give yourself a chance to try your new home.
Step 5: Take your administrative life virtual. Make sure you can access all bank accounts, brokerage accounts, credit card accounts, and investment portfolio online and that you can move money around from one to another electronically…
Step 6: Figure out what to do with all your stuff. What’s coming with you, what’s going in storage, what’s being sold, and what’s being given away.
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