4 Non-Obvious Factors in Choosing Your New Country
Moving to new country is a big decision, and there are a lot of factors to consider. But what about the non-obvious factors? The ones that you might not think about until it’s too late?
Here are four non-obvious factors to consider when choosing a country to relocate to:
Time zone of New Country
The time zone of your new country can have a big impact on your life. Except that you may need time to adjust your sleep schedule, it can significantly impact communication, especially if you need to maintain regular contact with family, friends, or business associates in different time zones. Choose a location with a time zone that aligns well with your needs for convenient communication, minimizing potential challenges in coordinating schedules or conducting timely business transactions.
My client, Mike, once told me an interesting story. He was eager to explore new horizons and expand his business network in Singapore. However, he encountered an unexpected challenge: the significant time difference between Canada and Singapore.
As most of Mark’s current clients were based in Canada, Mark found himself struggling to balance his sleep schedule and accommodate the time difference for important discussions and project updates. Despite his efforts to adjust, he realized that he was losing touch with some of his valued clients. At the same time, he was facing difficulties in finding new business prospects or exciting projects in Singapore.
This experience taught Mark an important lesson about the importance of considering a location with a time zone that aligns well with your needs.
Travel distance
Assess the travel distance between the prospective country and other important destinations such as your home country, family members, or key business centers. Consider the frequency, overall tickets and travel insurance costs, transportation and connections options, and nature of travel you anticipate, including family visits, business meetings, or access to essential services.
Mandatory military service
In case you are considering obtaining citizenship in a new country, investigate whether the prospective country enforces mandatory military service for its new citizens. This requirement varies from country to country and may impact your personal preferences and plans. Understanding the obligations related to military service will enable you to make informed decisions regarding your long-term commitment and potential implications for your lifestyle and career aspirations.
Privacy and reporting requirements
Different countries have different privacy and reporting requirements. You’ll want to make sure that you understand the privacy and reporting requirements in the country you’re moving to. This will help you protect your privacy and ensure that you’re compliant with the law. Plus, staying on the right side of the law always makes for a smoother and more enjoyable experience in your new home.
I hope this post has given you some food for thought. If you’re thinking about relocating to Mexico, I encourage you to do your research and consider all of the factors involved. Remember, knowledge is power, and it’s always better to be well-prepared and compliant, ensuring a smooth and enjoyable transition to your new home.
But if you don`t know how to start, or if you’re feeling overwhelmed, don’t hesitate to reach out to me. I can help you navigate the process and find the perfect place for you.
