Many people decide to emigrate in order to provide a better quality of life for themselves and their family – the thought of year-round sunshine, more time with loved ones, different leisure opportunities. But whatever your motivations, it is crucial you put yourself in the best financial position possible if you are to get off to a good start in your new country. And to do that, you need to give serious thought and planning to the issue of currency exchange.

OK, so it may not seem as fun as researching all about the sun, sea and sand you can look forward to enjoying. But getting a good currency exchange rate can make a huge difference to the success of your move. And if it helps maximise the budget you have to spend on your dream home abroad that has to be time well spent.

Getting the biggest bang for your buck

For some people, currency exchange may be a key factor in their choice of destination. For instance, countries in Asia, Africa and Eastern Europe with relatively weak currencies can offer great opportunities to make your savings go further.

Alternatively, among those soon-to-be-expats who have already picked their dream location, the issue will be more a matter of how to get the most from your money.

Take buying property abroad. For many expats it means exchanging your savings into the local currency of the country to where you are moving. Exchanging large amounts can be an expensive exercise though, and isn’t to be taken lightly. Therefore, many expats employ a foreign exchange broker to guide them through the process. Others simply bide their time, research the currency market, and exchange when the rate is particularly favourable.

Money matters

Foreign exchange rates are a huge factor when moving abroad – so make sure you address it as soon as possible in the decision making process.

The best advice is to do your research thoroughly. If you want help, consider using a foreign exchange broker. And if not, ensure you shop around to get the best exchange rate possible.

Related posts:

1. Your Moving Abroad Location Checklist
2. Expats Top Concerns When Moving Abroad
3. Agassi’s Open Secrets to Living Abroad

So here are some of the key issues to contemplate when deciding where to live:

1)      Education

For any parents, the quality of education available to their children – whether in the local state system, a private institution or at an international school – has to be a crucial factor.

If a country’s educational options are poor, think again. Your child’s future is too important.

2)      Language

Which languages do you speak? Where in the world will you find it easiest to integrate, and feel most comfortable living, as a result? Which languages will prove most beneficial to your prospects going forward?

At the gates of my daughter’s school here in Britain I hear many foreign accents. One big attraction for these parents of raising their children in the UK is the English fluency they are achieving. As the world’s dominant business language at present that will stand them in good stead in the years to come.

3)      Quality of life

Definitions of quality of life vary from person-to-person. But common considerations include the location’s relative cost of living, the climate, career opportunities and earning potential, access to leisure activities, the country’s political freedoms and cultural mores.

For instance, the UK is renowned for its high cost of living and poor weather. However, HSBC’s latest Expat Explorer Survey[1] ranked it the top country for entertainment, and reported that it is an easy place for expats to integrate.

The important thing is to determine which quality of life factors matter most to you.

4)      Social network

It is great to have family support and contact. Yet for many people living abroad often means having to do without that.

In such situations, it is important to be in a location where there are plenty of opportunities to develop a strong circle of friends who can offer emotional support, and with whom you can share the good times.

5)      Future prospects

Looking ahead, what sort of life will your location offer?

Does it hold out the prospect of attractive career opportunities, for you and any children you may have?

If you are considering retirement there, is it affordable?  What sort of social life can you expect? How do the healthcare system, and healthcare costs, stack up?

Answer these crucial questions before you leave home and you have a much better chance of finding happiness and contentment when you arrive.

Related posts:

1. Expats Top Concerns When Moving Abroad
2. Canadian Charm
3. Agassi’s Open Secrets to Living Abroad

The book starts with Agassi playing his last tournament before retiring, the 2006 US Open.

He is in New York with his wife, tennis superstar Steffi Graf, and their two young children. For the duration of the tournament the family stay in a suite at the Four Seasons hotel in Manhattan. A “lovely suite,” he says, yet it remains another of those places that are what he terms “Not Home.”

Rather, home is Las Vegas. For all the evident pain of his childhood, the constant pushing of his father and resulting hatred of his profession, Agassi remains wedded to the city where he was born and raised.

Relocating for love

As a result, it is Germany’s Steffi Graf who has made the move abroad.

Like any relationship where the partners hail from different countries, one or other has to give up their homeland. For some that may be a welcome move. For others, a painful sacrifice. Yet if they are to survive as a unit there is no other option.

I’m no trained relationship counsellor, so I’m not trying to be an Agony Uncle on this. But over the years I have seen a lot of couples wrestle with this location issue, with varying degrees of success. Some have continued happy and strong. Others, unfortunately, have not.

So what lessons can these sporting idols offer?

1)      Knowing the lingo

Graf has perfect English, which is a huge benefit.

Knowing or learning the local language is crucial when moving abroad. But it is even more important when moving to a partner’s country. Seeing as they will be jabbering away with extended family and friends in that tongue, you must be able to join in if you don’t want to get isolated socially.

2)      Partner’s understanding

The home country native also has responsibilities, not least to ensure they include their partner.

That means taking them places, introducing them to friends, giving them the freedom and opportunity to make their own social circle and interact with it, supporting them through any bouts of loneliness and homesickness. Understanding and support will be critical to prevent/repair any divisions.

3)      Affirm the decision

Why did Agassi and Graf settle in Las Vegas, rather than Germany or somewhere else?

Both partners need to be clear about why they have picked that particular location, rather than another.

You need to decide why, on balance, your choice of town/country offers the best quality of life for all concerned. Why does it have to be that person’s home, rather than the other way round?

If you aren’t both in agreement on this point, resentment and subsequent rupture can easily result.

4)      Love-all

It’s a book, so there is always potential for the writer to put a gloss on things. Nevertheless, what comes through in Agassi’s autobiography is evidence of a couple that adore each other.

Staying together in a long-term relationship is hard enough as it is. Trying to do it as an expat is next to impossible unless there are strong bonds of love, respect and friendship.

Ultimately, it is the love you have for each other that will keep you focused on what matters most, and get you through the inevitable difficulties arise.

Related posts:

1. Your Moving Abroad Location Checklist
2. Expats Top Concerns When Moving Abroad
3. Currency Exchange Critical to Moving Abroad Success

Are there certain days when your cat or dog is more irritable than others? Do creatures in the wild go through mood swings? Or is it just humans?

I ask because I read this week about Cathal Morrow, an author living in Madrid. Back in June he embarked on a quest to live for a year without unhappiness, in an attempt to prove happiness is merely a state of mind.

As he writes on his blog, http://imhappyandiknowit.com/:

“What I’m attempting to live is my belief that happiness is entirely independent of the highs and lows of my little life, that it’s far bigger than me. That happiness is a permanent state for us all, if only we allow it to be.”

Being happy. We’re all looking for it, aren’t we?

Yet that appears to be the root of the problem. We’re searching for it, as if happiness is a destination that will be reached once we’ve got X, Y and Z in place.

Thanksgiving

It’s an important issue, brought into focus by this week’s Thanksgiving celebrations in the United States.

While it began as a festival giving thanks for the year’s harvest, Thanksgiving has since developed into a more general expression of gratitude.

And therein lies Mr Morrow’s secret to happiness – a determination to see the everyday brightness in life and be happy for it.

Seeking a better life

Which brings me to moving abroad.

Why is it so many people around the world – including millions of citizens in some of the most prosperous countries on the planet – want to relocate elsewhere?

For most people the interest is spurred by a desire to find a “better life,” whatever their definition may be.

Many are stirred by the potential benefits they hope to find by relocating – better weather, more leisure opportunities, lower living costs, attractive employment openings. Others see moving abroad as an escape from the unfulfilled lives they are living in their current location.

Finding Happiness

However, this desire for movement is not necessarily the path to happiness.

Yes, moving abroad can lead to a healthier, happier, richer life. But switching one country for another won’t by itself be enough. Ultimately it is an internal shift, rather than the external one, that leads to happiness and fulfilment.

Hence the importance of gratitude.

Rather than think about the things that are wrong with our lives, we should devote more attention to the things that are right.

It could be your health, or the health of your partner or children, the love of family, laughter with friends, the joy of a sunrise or waves on the beach, thanks for the food you have to eat.

Which isn’t to say you shouldn’t want to improve your current situation. It is human nature, one of the driving forces of evolution. But by stopping to give conscious thanks for those daily blessings we too often take for granted, the chances are you will be a happier person, wherever in the world you happen to find yourself.

Who could ask for a better life than that?

Related posts:

1. Your Moving Abroad Location Checklist
2. Is Your Family Ready for Your Move Abroad?
3. Good Housekeeping Article on Moving Abroad

Is it finding or settling in to a new job? Making your retirement savings stretch far enough to provide a decent quality of life? Having a healthcare system that is up to scratch? Getting your children into good schools?

According to Expat Experience[1], the latest report in HSBC’s Expat Explorer series, the top concerns keeping expats awake at night prior to relocating are:

• Being able to re-establish a social life (41%)
• Feeling lonely, and missing friends and family (34%)

The survey also found these worries affected female expats significantly more than men.

Meanwhile, missing family and friends is a particularly big concern for expats based in Australia (49%) and Canada (46%) – not surprising, since the majority were from the UK originally, and so the distances involved make regular face-to-face contact difficult.

Overcoming concerns

Such emotive issues have an obvious link – if you are worried about establishing a social life in your new destination then you are more likely to miss the existing network of family and friends you have back home.

On the flip side, if you can form strong friendships and develop a bustling (and satisfying) social life once you move abroad then you are less likely to be lonely and dwell on what you have left behind.

In short, once you land in your new location you have to make a concerted effort to get out, meet people, make friends and take advantage of whatever exciting lifestyle opportunities the country has to offer.

It’s not always easy to do. Sometimes you may have to force yourself to step out of your comfort zones. But the success of your expat venture depends on it.

Related posts:

1. Your Moving Abroad Location Checklist
2. Canadian Charm
3. Agassi’s Open Secrets to Living Abroad

On those criteria, the UK government’s newly-announced plan to increase university tuition fees has to be a black mark.

Under the policy, universities in England can charge as much as £9,000 per year in tuition fees – a steep rise from the £3,290 at present.

With the government having slashed funding for universities in its October Spending Review, it means many students are set to bear most of the cost of their courses. And that is in addition to the living expenses they already have to pay.

Some, inevitably, will be put off from attending university at all. Those that do go will either need affluent parents able to finance their education, or face a pile of debt at graduation.

Spanish Lessons

The comparative cost of university was a hot topic with some English friends we have just seen on a recent trip back to our former home in Spain.

Their daughter is due to finish her baccalaureate next summer, and is now weighing her options. If she were to go to the local university in Spain her parents would only have to pay for her books – approximately €1,000 a year. Back in the UK, by contrast, they could not afford to give their daughter the advantages a university qualification brings.

Mind you, there is a flipside: the countries’ relative job opportunities.

With unemployment soaring to over 20%, there is a big question as to what career prospects she would have in Spain post-graduation.

Related posts:

1. Your Moving Abroad Location Checklist
2. International Cost of Living Comparisons Blueberry-Style
3. European Quality of Life Advantages Called Into Question

But what about the loved ones you leave behind? While you have a wealth of new opportunities and experiences to explore, all they will be left with are the memories of your lives together.

Transition Tips

No doubt they will feel your loss. Nevertheless, there are a few things you can do to make the process as painless as possible:

1. Once you have decided to move, share it with your family and friends well in advance. It may take time for them to accept you are leaving, and some may try to discourage you. However, a calm approach will help. Tell them your reasons for moving, and explain the advantages you hope to achieve as a result.
2. The days before you leave are bound to be hectic. You will get caught up in a whirlwind of shopping, packing, finalising insurance and visa arrangements, getting health checkups and a host of last minute details. As a result, you may not realise how quickly the days are flying. So don’t forget to spend quality time with your loved ones, especially your family, before you go.
3. Try to maintain a cheerful environment while you are still at home. Avoid emotional discussions, and reminders that soon you won’t be there.
4. The period after you leave home can be tough for both you and your family. Sudden bouts of loneliness may make you feel homesick, and leave them feeling sad at your absence and anxious for your safety. At these times you have to be the strong one, since it was your decision to move. So the moment you arrive, call to let your family know you are well.
5. Once you reach your destination, keep yourself occupied. Get involved in your new life and location by settling into your new home, learn about your new environment, and start making friends.
6. During your first few months in the country keep in touch with family and friends as often as you can, making sure you share with them all the details about the place and its people. The pleasure and relief on both sides from hearing each other’s voices is priceless. And because international calling is so cheap these days the cost is no longer a worry.
7. You can stay connected too by writing emails to friends and family explaining what you did today, or by sending pictures of where you are.
8. And for those friends and family back home who are not well-versed with the internet, why not write them a letter or send a postcard? It is sure to make their day.

Related posts:

1. Your Moving Abroad Location Checklist
2. Agassi’s Open Secrets to Living Abroad
3. Expats Top Concerns When Moving Abroad

Mike Harling - author of Postcards From Across the Pond

I started this tour just as summer was beginning, so it seems fitting to end it just as summer draws to a close and autumn takes over.  It’s been fun and I’ve met a lot of great people, but touring is tiring, even in the virtual world, so I’m taking advantage of that magic we call the Internet to round up the Kindness of Strangers Tour by relying on the kindness of several strangers at once.  In a way, making my final tour stop to ten locations simultaneously seems the perfect ending for it – one big autumnal burst before quietly fading away.

This tour began as a means of promoting my book, but it soon became an end in itself and took on a life of its own.  Very often, I found myself having such a good time “visiting” people around the globe that I forgot to mention the book.  To date, my trip has taken me from Britain to Canada, Australia, Tenerife and even back to my own hometown, ending up here in sunny Spain with Paul.

It’s a fitting final stop, as this is where the book started out, sort of.  My publisher lives in Spain and she was one of the first stops on the tour.  Additionally, Paul has the same publisher, so after I finish this post we’re going to load up the car with Coronas on ice and head over to her place.  I’m sure Lean Marketing Press won’t mind two of their authors showing up just to say, “Hi!”

I have to say, of all the adventures I might have imagined for my life as a young boy, touring the blogsphere on other people’s blogs was not a contender.  But then the idea of leaving my quiet, rural life, moving to England, marrying a foreigner and writing a book about it never occurred to me, either.  I’m glad and grateful for having done both, however, and although the tour is coming to an end, the adventure continues.

May yours continue as well.

Thanks and Good-bye from
The 2009 KINDNESS of STRANGERS TOUR
Visit the Tour Page for the latest Tour updates.

Michael Harling is the author of Postcards From Across the Pond - dispatches from an accidental expat.

“Laugh out loud funny regardless of which side of the pond you call home.  Bill Bryson move over, there’s a new American expat in town with a keen sense of humor.” — Jeff Yeager, author of The Ultimate Cheapskate.

Buy the Book: http://www.lindenwald.com/booksale.htm
Follow the Tour: http://www.lindenwald.com/thetour.htm
Visit the Home Page: http://postcardsfromacrossthepond.blogspot.com/

Related posts:

1. Expat Book: The Long and Winding Road
2. Book Publishing: The Future … Part I
3. Your Moving Abroad Location Checklist

Not surprising then that year after year Spain has proven to be one of the most popular destinations for expatriates from around the world, with 10% of its 45 million population now made up of foreign nationals.

Yet the beneath the alluring sheen of the Mediterranean sun all is not well.

An article on the BBC website* reported that the country’s industrial output fell 15.1% in November 2008 compared to the year before, the biggest drop on record. This manufacturing slump comes on top of the collapse already witnessed in Spain’s construction sector, showing the country’s woes are spreading across the economy and raising fears of a deep recession.

And there was more evidence of that with the release of figures showing unemployment hit 3 million in 2008, a 12-year high. Not the greatest time perhaps to be relocating to the country.

For anyone considering moving to Spain at present there is a silver lining though, in that the credit crisis has resulted in a plentiful supply of properties and tumbling house prices.

On the flip side however, the strength of the euro means that anyone coming from a non-euro country will now find it relatively more expensive to buy property and live there.

For instance, over the course of the previous year the British pound had a 52-week high of 1.35 euros. At that rate, a 300,000 euro house would have cost approximately £222,000.

But the pound at the time of writing is down at 1.11 euros (having almost hit parity over the Christmas period). So if that same house has dropped even as low as 250,000 euros it would still cost £225,000 for a British buyer.

And the strength of the euro against currencies such as the pound and US dollar has raised the general cost of living in Spain and elsewhere in the eurozone for many expatriates, not least retirees on pound or dollar denominated pensions.

In this sense then it’s a bit of a glum picture. And similar circumstances and scenarios can be found around the world. This recession is of truly epic and global proportions, with apparently nowhere safe from its impacts.

Yet it’s not all bad news for prospective expatriates.

I still read many articles exhorting people to move abroad, bemoaning the parlous state of their home countries and economies, and referencing places such as Australia and New Zealand, Turkey, Costa Rica and Mexico where properties and living costs remain cheaper, and the sun does still shine.

And of course they are right … to a certain extent.

There are always good property deals to be had somewhere in the world. You can always find locations where your food bills or a bottle of wine will be a fraction of what you pay now, and where you’ll be able to soak up some sun while your friends back home freeze their butts off.

But if you are seriously considering moving abroad you should take into account all the lifestyle factors when making your decision. Don’t just base your choice on the latest currency swings or property deals. Think carefully too about how comfortable you’ll feel with the local culture, what health or educational services they have, how far you’ll be from close family and friends.

Consider where you want to be for the long term, not just because of some temporary economic situation. And if that means the timing isn’t right at present to move where you feel you most want to go then don’t be afraid to be patient (as long as it isn’t an excuse for prevarication!). Ultimately it is more important to make the right move later than any old move now.

* BBC News, 9 January 2009, http://news.bbc.co.uk/2/hi/business/7819569.stm

Related posts:

1. Currency Exchange Critical to Moving Abroad Success
2. Expat Living By the Book
3. Your Moving Abroad Location Checklist