In today’s tough economic climate, now might just be the time to look into a new opportunity abroad. Working overseas can not only boost your career, but in many cases it is necessary if you want to reach a senior level in years to come. Organisations everywhere are looking for professionals who not only have excellent skills, but also have a global perspective.
So what are the top reasons for working abroad and what should you consider before making the move? We asked Graeme Read, Group MD at leading global recruitment firm Antal International, for his top 5…
1. Expanding your skill set
Without doubt, time spent abroad is a huge plus point for recruiters and employers viewing your CV. Rather than it slipping to the bottom of a shortlist pile it can help you stand out from the crowd and straight onto the interview list. Having an international perspective not only broadens your horizons, but also offers you a unique understanding of the skill sets required in a global economy. Furthermore, it can demonstrate to future employers that you have the ability to adapt to diverse workplaces.
2. Financial implications
Many people who choose to work abroad do so because the pay can appear to be very lucrative -especially if the cost of living in the country you are moving to is lower than in the UK. And this is especially the case in countries where you are paid tax free – the UAE, for example. However before making any decision ensure you know exactly how your salary will be calculated – will it be based on the current UK rate? It is all too easy to think you will automatically be paid and taxed according to the local rate so it is well worth researching this in detail.
Another factor worth considering is the cost of moving and the financial implications you will face when living in a new country. While there are businesses which will bear the cost of shipping your belongings, for example, this is not always the case so double check these details before you sign on the dotted line. Many expats who move their families to a new location not only have to contend with a new education system, but also the cost of schooling abroad. This is largely because many international schools are private. Double check that your new package includes a tuition allowance, and if it doesn’t then factor this into the overall cost of relocating.