The idea of moving to another country has crossed many minds and though the notion of completely relocating and starting anew may seem romantic, there are a lot of things to consider before making the first move. Depending on your purpose of relocation, whether it is for personal reasons or for higher chances of employment, the 'How to Relocate to Another Country' infographic reveals some of the most popular countries for those purposes.
The chart also provides a rough timeline of things to consider for those planning on moving to another country. A few invisible expenses that are usually not considered in advance are the cost of moving, which involves a lot more than packing things in boxes and shipping them, Visas and exchange rates. Things often get broken in the shipping process as well so a special budget should be allocated to replace those essential items.
Hidden Relocation Costs
The Infographic Lists Things to Remember When Moving to Another Country
Trend Themes
1. International Relocation - Innovative solutions in providing affordable international relocation through disruptive innovation
2. Virtual Relocation Support - Disruptive innovation opportunities through offering virtual relocation support services that address contingencies that come with moving to another country
3. Transparency in Relocation Costs - Disruptive innovation ideas for enhancing transparency in relocation costs by exploring new technologies that make it possible to provide more accuracy and insights
Industry Implications
1. Moving and Relocation Industry - Opportunities for disruptive innovation through better pricing, service transparency and more personalised and virtual relocation support offerings
2. Technology Industry - Disruptive innovation possibilities in developing innovative relocation cost calculators, or software to coordinate international moves
3. Hospitality and Tourism Industry - Innovative travel packages, corporate lodging options and access to relocation services can be explored for inter-country relocation opportunities