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I’ve long been fascinated by China – probably the result of reading James Clavell’s novels as a kid and my father’s tales of two years spent in Hong Kong in the Fifties! My own trip to Hong Kong 20 years ago further inflamed my fascination with the country and its culture, but a bus ride out to the New Territories to take a peek through the border fence was as close as I came to seeing the country proper.

So reading Alan Paul’s new book on expat life in China has been a real eye-opener.

Big in China

In Big in China Alan reveals a world of sequestered expatdom. The multinational ranks he depicts are cloistered together in compounds boasting well-maintained streets lined by large houses, with clubhouses, gyms and swimming pools. The kids go to the international school together and play at each others’ homes. There are family sports days, barbecues, dinners with friends.

For many daily life is made easy by cheap domestic help – cooks, cleaners, drivers and nannies are par for the course, creating a luxurious lifestyle only a few could expect to have back home.

As Alan observes, it is all too easy to become immersed in this expat bubble – a world of privilege, ease and security.

Yet it is also one of sterility. And to his credit, Alan is determined not to become a prisoner behind the expat gates. Instead, he is keen to find the China that exists for its population. He relates his adventures as he cycles off by himself to explore the local villages and countryside, his journeys into the hinterland, his efforts to learn the language, make friends and taste the ‘real’ China, from its food on up.

The picture of China that emerges is just as complex as the one gleaned from inches of newspaper and magazine columns, with all its beauty and ugliness. Yet it is coloured by great insights into the immense joys and frustrations that life in China offers for expatriates.

Pros and cons

As a growing economic (and political) powerhouse, China presents an extraordinary opportunity for expat entrepreneurs and employees on assignment to make their mark, and a lot of money.

But China has much else to offer besides a step up the career ladder. Its beautiful and varied landscapes, and diverse cultural riches dating back thousands of years are incentives enough for many inquisitive foreigners.

As becomes evident from reading Alan’s book, there are inevitable challenges to living in China too.

For one, there is the language barrier. There are important cultural differences in terms of the structure of society and individuals’ interactions with each to navigate as well – many of which it can be nigh on impossible to fully grasp as an outsider.

Issues such as media censorship and political repression may come as a stark counterpoint to the societal norms to which expats are accustomed.

In addition, there is a real risk of physical isolation and introversion creeping in. As Alan relates in his book, for one thing it is notoriously difficult to obtain something as simple as a Chinese driving licence. Yet without it you lack the freedom of movement we take for granted back home.

China’s notorious pollution, with all the health risks it poses, is another problem that the country is only belatedly trying to tackle.

In short, China is hardly the easiest place in the world for an expat to move to. But what it does promise is one big and exciting adventure of life-changing proportions. Just ask Alan.

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Millions of people around the world dream of a new, more fulfilling life by moving abroad. Unfortunately, only a small percentage ever makes it happen.

So what is stopping the rest?

For most, I imagine, it is money. After all, if you are rich enough to live where you want, and can come and go at will, then the world is your oyster.

Most of us are not in that liberating position. Instead, we have to find a way to fund this dream life overseas.

Which is where the challenges start. Questions crop up like …

  • Am I eligible for a working visa?
  • Will my qualifications be recognised?
  • What job can I get?
  • How much will it pay?
  • Can I get my business idea off the ground?
  • What hoops will I have to jump through?
  • Is there local demand?

 

There can be so much uncertainty about making your relocation financially viable that I think many people just give up on the idea.

Seems a shame, doesn’t it?

If any of this has happened to you then Megan Fitzgerald, an expat career and personal branding coach, would love to hear from you. She is conducting a poll of current and aspiring expats to find the answer to an intriguing question: what is the biggest obstacle to building a successful career abroad?

The poll’s findings will reveal the most common problems people face, and hopefully offer some useful insights into how to overcome them.

 

To take part in the poll go to http://linkd.in/i9pnWY.

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So you’ve decided to take the plunge and emigrate. Congratulations! Your next question should be how are you going to make your move a success?

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.

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Living abroad has become so much more viable as the cost of travel plummeted.

The rise of the budget airlines, and the need for other travel operators to slash prices to compete, means moving overseas is no longer the one-way journey of old.

Instead, expats within a short-haul flight of home have suddenly been able to afford to pop back for regular weekends to catch up with family and friends. And those who relocated to another continent can make their annual pilgrimage home without needing an investment banker’s salary or a second mortgage.

For those expats flying to or from the UK though, the November 1 rise in Air Passenger Duty (APD) may shift the balance.

The new rates mean a family of four flying from the UK to Europe will pay £48 in APD when travelling economy class. For journeys to the US the family will be charged £240, to the Caribbean or South Africa £300, and to fly to Australia it will cost them £340 in tax (a rise of 55%).

Add in the actual cost of the ticket, plus the inevitable wad of spending money, and face-to-face contact with old friends and family looks a lot less appealing.

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Buying a property in your home country can be a time-consuming, expensive and stressful experience. So think what it’s like trying to do it in another country.

Abroad you may face unfamiliar market conditions, uncertainty around how to arrange a mortgage or how they are calculated, what legal processes are necessary and the fees you will have to pay. To complicate matters further you may not even speak the language.

Those are the sorts of obstacles my wife and I had to navigate when buying our house in Spain. It is not an experience I am eager to repeat.

Much better, I now realise, to get an expert who knows the market intimately to take the strain.

Professional Help

So I was intrigued when I heard recently about a Spanish-based company called Shortcuts Property Search (www.shortcutspropertysearch.com).

Their service is tailored to make both the searching for a property, and the actual buying process through to the signing of the escritura de compra/venta, as easy as possible. This is especially useful for people who don’t speak Spanish, and/or don’t have the time or money to make various trips to Spain before making up their minds.

Crucially, the service comes at no cost to the client either, as normally Shortcuts finds properties through agents who then pay it part of their commission. In situations where Shortcuts finds a property from a private seller the firm charges a 2% commission.

For the moment, Shortcuts Property Search only operates in Spain. But if you are buying property elsewhere in the world I would advise looking for a company that can provide a similar sort of service.

It will make the purchase process much easier and more enjoyable, saving you the stress and bitter aftertaste that can otherwise result. In the long run it will probably save you cash too, by helping you avoid all those ill-suited places, and instead finding you the best deal for your money.

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A couple of months ago I was interviewed by the features director of the UK’s Good Housekeeping magazine[1].

She was writing an article on the pros and cons of moving abroad, and wanted my “expert opinion” on the topic … which naturally I was more than happy to provide (not least since the magazine has a monthly circulation of half a million readers!).

The article has just come out. And – aside from my own contribution – it makes for fascinating reading.

Expat Challenges

The piece features case studies of people who have moved from the UK to some of the world’s most popular expat destinations: France, Italy, Spain, Australia and the United States. Each highlights the issues they have faced, and offers pointers to anyone following in their footsteps (much of which echoes the topics I address in my book).

Among the biggest challenges the expats encountered were:

  • Housing problems
  • Unfamiliarity with local legal processes and requirements
  • Acclimatising to the local weather
  • Finding social outlets and integrating into the community
  • Having a viable way to earn money
  • Missing family and friends

 

Hopefully the tips and advice contained in the article will prove a valuable primer for those readers also dreaming of a life overseas!


[1] Good Housekeeping magazine, http://www.allaboutyou.com/home/channel~index?source=1

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Many years ago I read Peter Mayle’s classic A Year in Provence.

At the time I remember thinking ‘Blimey, that’s the life.’ Writing a few hours a day and then trailing around the French countryside the rest of the time.

Hardly a deep, or unique reaction I know. Everyone thought the same, which was why the book went on to sell so many copies and turned Peter Mayle into a rich and famous man.

Read the rest of this entry »

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