Making your overseas dream a reality

Making your overseas dream a reality

Your dream of moving overseas will likely remain just that – a dream – unless you actively set yourself some goals.

There’s a range of things that, depending on your individual circumstances, you might like to think about well before you’re due to go away. We go through some of them here.

If you’re a tertiary student thinking about making the big move, it’s wise to make sure you finish your degree or diploma first to give yourself the best chance of getting work when you’re away. The fact you have this goal in mind will (with luck!) give you the incentive to knuckle down and study hard.

Even if you’re at a later stage of life, have a think about anything you can do to improve your chances of making a go of things overseas. Perhaps there’s an area of your industry that’s growing but that you’re not across. In this case, it might be worth looking at additional training.

Then, of course, there are the financial factors. Before drilling down into the details of what it will cost to get to your destination and set yourself up, it’s probably best to think about a more general savings plan. You may want to sit down and work out your incomings and outgoings each week, and how much you can realistically put aside. You’ll feel closer to your goal if you can see the savings start to stack up.

Perhaps acquiring those extra funds might mean looking at getting a second job, or even selling some assets. If you think you might do the latter, ensure you get expert financial advice first.

To motivate yourself and feel like things are really moving forward, set yourself a date by which you’d like to move. Realistically, you may have to alter this due to changes in circumstances, but it’s good motivation to have a specific date in mind.

Fun fact: The Australian Bureau of Statistics’ most recent figures show 279, 741 Australians left the country to move overseas. At any one time it is estimated there are about 1 million Australians living and working overseas. Where in the world are they? The top five destinations for expat Aussies are:

1. United Kingdom
2. United States
3. New Zealand
4. Singapore
5. Hong Kong

(Source: ABS, 2015)