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How To Start a Running Habit

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Other Investments

If you have an Individual Savings Account (ISA), a residential address is important for tax purposes so if you are planning to move abroad, you may not be eligible to carry on paying while you're away.

Instead, think about whether you want to keep your ISA while abroad, consider any payments that need attention before you move. In all else, get professional advice on your options to ensure you get the best return on your investments.

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Factors to consider when bringing a pet

Factors to consider when bringing a pet

  • Get your pet microchipped by your vet
  • Have your pet immunized against rabies at least 21 days before you are due to travel
  • Seek help from a professional animal transportation company
  • Consider their transportation - crate, food, water, and other comforts.

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Registering To Vote

Registering To Vote

Even as an ex-pat, you have an important role to play in the voting system.

The government policy of where you're from will affect you via taxation, immigration policy, and certain foreign affairs.

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Utilities and Other Things

Utilities and Other Things

Things like mail packages need to be sorted out so that you don't miss anything important. There will be charges to organize this but the post office will be redirecting your mail for up to twelve months.

For utilities like gas and water, make sure to arrange that they need to be turned of...

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36 reads

Medical Insurance and Health Care

Medical Insurance and Health Care

Before moving abroad get informed first about your short-term eligibility for medical care and social security benefits in your destination country. Make the necessary arrangements that ensure your health is covered as required.

If you are moving to another part of Europe for a short amoun...

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Driving and Getting Around

Driving and Getting Around

If you are intending on driving while in your new country of residence, ensure you know the local driving laws and regulations. There are many customs and laws which you need to be aware of, aside from the driving license requirements.

If you are heading outside of Europe, you need to requ...

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49 reads

Bank Accounts

Bank Accounts

There may be things you could be paying unnecessarily because of currency fluctuations and transaction fees. To avoid this you should initially open an international bank account which is specifically designed to assist with the movement of money.

Moreover, it's sensible to open a bank acc...

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90 reads

Renting Out Your Property in The UK

Renting Out Your Property in The UK

  • Decide on how you wish your property to be managed. If you decide to let an agent handle your property, it's pretty common for them to take care of all the elements for about 10-15% of the rental income.
  • Make considerations on the taxes. Ensure that the HMRC is aware of your intent...

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Closing thoughts

Getting your taxes right is essential.Β 

  • That’s why it's recommended to get professional help calculating your tax bill if you have any doubts. This may be the case if you’ve been trading and not just investing.Β 
  • The tax implications of regular trading are much more complicated....

Save and Invest

You’ll only build wealth if you save a reasonable percentage of those earnings.

  • If your employer offers a 401(k) plan, increase your contribution.
  • Automatically send a portion of your money to your savings or investment accounts before you can spend it.
  • Purchase a home ...

Spending your money

The best thing to do with your money during a recession is to pay off your credit card debt.

Paying off a credit card that charges 18% interest is equivalent to getting an 18% return on investment. You may not get that from most other investments during a recession.

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