How do you move to another country? 6 steps to get you ready for moving abroad
Moving abroad checklist
Leaving home
- Current home—if you own a property in your home country, decide whether to sell or rent it out.
- Selling can take months, so if you’re depending on the equity in your home, factor this into your plans.
- Renting can happen quickly but you’ll need to pay agent fees to find tenants and potentially deal with issues from abroad.
- What to take—determine what you’re taking with you, and whether you need to put anything in storage.
- Moving costs—research moving companies and how much it costs to ship your items.
Admin and finances—
- Visa requirements—investigate the situation thoroughly so you know exactly when to apply for your visa, if you need one.
- Budgets—now that you’ve estimated some of your costs, create a ‘moving abroad’ savings account and start saving regularly. Set a goal to help keep you on track.
- Banking—research the best options for banking at your new destination, and whether you’ll need a local bank account.
- Switch off—cancel utilities, internet, phones, and other contracts.
Send money abroad
International transfers with your N26 account are easy, fast and reliable.
International Money Transfer with N26Your new home—
- Healthcare—research the healthcare system and insurance costs
- Accommodation—research the housing landscape. Which area is right for you and how much is the monthly rent?
- Jobs & lifestyle—check out the job market, salaries, and the cost of living.
- Connect—reach out to your network and the expat community to get valuable advice and connect with other people.
Step 1—Destination
The cost of living
Cost of Living Comparison: EU Countries
Italy | €1.670 | €3.260 |
Spain | €1.520 | €3.000 |
Germany | €1.890 | €3.590 |
France | €2.230 | €4.040 |
Culture and language
Step 2—Logistics
Step 3—Bureaucracy
Step 4—Employment or occupation
Step 5—Accommodation
Step 6—Financial planning
Your money at N26
FAQs
- Flight to your destination, including necessary luggage costs.
- Moving and storage costs for furniture and personal items.
- Rent and deposit for your initial accommodation.
- Cost of living budget, for up to three months if looking for a job.
- Safety net budget for any unexpected costs.
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