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Expatriates from the US claim that this significant cost isn’t justifiable


Alex Ingrim, a financial advisor with Chase Buchanan USA, has extensive experience moving to multiple countries including Canada, France, the UK, Malta, and Italy. In his role, he advises Americans on taxes and financial planning when moving to Europe. One key piece of advice he offers is to not pay to ship belongings to a new home in Europe, as larger furniture may not fit and appliances may not be compatible. Instead, he recommends selling most belongings in the U.S. and only moving with a few suitcases.

Ingrim also highlights that furniture and appliances are generally cheaper in Europe, making it more cost-effective to purchase items in the new country. His top advice for a successful move is to be realistic with expectations, especially regarding space, efficiency, and speed. Ingrim emphasizes the importance of understanding and adapting to the local culture, including respecting customs and adjusting lifestyle expectations.

He suggests embracing the slower pace of life in certain countries and being prepared for different living conditions compared to the U.S. By setting realistic expectations and taking the time to adjust at a comfortable pace, Ingrim believes that individuals can have a smoother transition to a new country. Overall, he encourages a flexible mindset and a willingness to embrace cultural differences to make the relocation process more successful and enjoyable.

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www.nbcnews.com

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