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Living overseas

Whether you're considering emigrating or an expat abroad, you'll find likeminds on this forum.

If you've been posted overseas with work, how does your /DH's company deal with the housing situation?

6 replies

stickytoffee · 17/05/2009 12:25

We're considering a move abroad to Europe with DH's company so are going through the financial stuff.

The policy (which I suspect is the same for most people) on the housing front is that the company assist you with letting your house in the UK and then you rent (paying from your own salary) a property abroad with there being an "uplift" for any major differential between the cost of renting in the UK vs where you are going.

We bought a house which needed renovating a while ago and are going through the motions of getting planning etc at the moment. We have a 75% mortgage. Rentals in our area aren't high.

At the moment the rent which we would get for our property wouldn't cover the mortgage (the house is perfectly livable if a bit dated - but we're not talking run down type dated).

Coupled with that is that I work part time and bring in a decent income. We have two children. I won't be able to work in Europe as I do a very UK specific job although would consider doing something (I like working).

Our kids are 3 and 6 months so one would be near to going to school.

I'm stuck as to know what to do at the moment. Here I have good family support, a great network of friends a nice part time job which means I can keep my hand in my career (shared with another lady) and we are financially ok. I was also looking forward to getting stuck in to our renovations finally.

As it stands at the moment we'll be down on my wages and potentially having to supplement a rental to pay our mortgage and shell out abroad for a more expensive property....

How has it worked for you ? There seem to be various other "incentives" paid out but depending on where you go seems to dictate how well you can do from those additional amounts. Also, it seems that if you are one of those people with a lot of equity and live in an area where rents are high, it's worth doing. Problem is that the moves for DH next without going abroad are limiting for his career but it feels almost as if we're being discriminated against because we aren't so financially solvent as some.

OP posts:
herbgarden · 18/05/2009 19:59

bump

Starmummy · 19/05/2009 08:29

It worked differently for us. DH company pay the rent here in DXB and we have responsibility of renting or not our house back home. We do rent it and the rent covers the mortgage and the expenses with a bit left over to fund my online shopping habit
;-)

I work part time here and it pays for the extras, like weekends to Oman, Kerala, Kathmandu, Singapore, Bangkok etc.

Living abroad always has more costs than you expect. for example my next door neighbour here came from a lovely old house in Bath which had loads of shelves, here she doesnt have those, so what to do with all those toys,books, ornaments? They all need new shelves. I have loads more examples of the same type of thing.

Good luck in whatever you decide. We, inclu Ds are having a blast. Top tip work out how you will get to integrate into the local community, its not so hard with small children, older ones its harder, so much less opportunity for meeting other mums.

Portofino · 19/05/2009 08:39

It's toughie! Which country would you be relocating to?

We moved to Belgium 3 years ago. We didn't receive any help with our house in the UK, and ended up selling it, as rent wouldn't have covered our mortgage either. The company paid 3 months rent on our new apartment here whilst we got settled, and i think we got 1000 euros for expenses/furniture/white goods etc. The cost of the move was also covered.

Depsite having a long list of items in their relocation policy (language classes, school fees etc), we never got anything else as DH negotiated a higher salary.

I was the main wage earner in the UK, but DH was offered a much greater opportunity if we moved. As my CV is quite strong, I figured I would find something sooner or later, and actually started a new job 2 months after we moved.

Financially speaking we don't feel quite as well off as we were in the UK. Rent is expensive - to a get a largish, decent place. Tax is extortionate, but lots is tax deductible - child care/household helop etc.

Food/groceries seem to be really pricey. I'm amazed at these threads where people feed their family on 30 quid a week. My shopping budget for 3 of us is 120 euros and I often exceed that if I need washing powder etc. We have a nice standard of life, but I know we used to have more cash for clothes/luxuries than we do now.

On the positive side, I think it is so much more family friendly here. There are loads of activities laid on for children, and schools are set up to cover befoe/after school and holidays, at very reasonable cost.

I like being centrally located. Easy to get back to UK but also it makes the rest of Europe more accessible. Holidays in France seem cheap, and we've done weekends to the Ardennes, to Germany and Holland.

Kindergarten starts at 2.5 and my daughter is in her 3rd year. She is so happy at school, bilingual, and has really benefitted from the opportunities available. She is a lot more outgoing and confident than I ever was a child.

The hardest thing for me has been making new friends. I still to some extent feel isolated from family and friends, though I do have a couple of people I could call on here in a real emergency. We have a good babysitter so do get out from time to time in the evenings.

The Belgian's are quite conservative, and very family centred. It takes a long time to get to know them well, and I have yet to be invited to a social occasion by anyone I work with. As I've been working full time, it meant I didn't get to do the toddler group thing either, though I joined the local NCT and have met people through there. You have to put yourself out there so to speak.

Well I have waffled for ages. Overall, I do not want to move back to England, and this has been a very good opportunity for our family. I think it can be hard going at times though and you need to be prepared for that.

MmeLindt · 19/05/2009 14:03

We relocated to Switzerland with DH's company.

They paid for the removal company and any costs occured due to the move. That meant home finding trip (up to a week for both of us to search for a house plus childcare costs back home), allowance for new car as DH has no company car here, flights to Geneva, hotel for the first couple of months if needed, hire car for the first 4 weeks.

They pay for our house here as rental costs are very high. We were renting back in Germany.

We also get a monthly payment to cover the difference between the cost of living in Germany and in Switzerland.

Where are you moving to?

The company would have paid for international school here, but we decided to go with the Swiss local school.

DH's company is pretty generous. Their concept of moving someone abroad is that you should not be any worse off than if you were still in your hometown.

We are actually considerably better off. I would not have moved here unless it was financially viable.

ohdearwhatamess · 19/05/2009 14:25

We relocated to Germany for a while. Dh's firm used a relocation company to find us a flat there. If we'd had children they would have arranged schools for us. They also gave him a substantial bonus to his salary for the duration (to compensate for the inconvenience etc), paid all removal expenses, and paid for 1 return flight per month to the UK for both of us. His firm also gave food vouchers (as did mine - I got a job out there) which covered most of our supermarket shopping.

It was left up to us to rent out our house in the UK if we wanted to. In fact we didn't (had only just moved in and it wasn't in a rentable state).

We were much better off during the time we were there. Apart from paying our mortgage for the house in the UK we had next to no outgoings at all.

MmeLindt · 19/05/2009 14:27

Oh, that reminds me. We get flights home once a year too.

And storage of furniture in home country.

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