Relocating to a new city, within the country or internationally, can be both exciting and nerve-wracking. A new location can offer new life experiences, career opportunities and better friendships.
Moving to a new place, however, comes with its set of drawbacks. You could face difficulty trying to make your new place feel like home. Adjusting to the relocation can also prove challenging, especially if you’re moving to another country with different values and cultures.
When you’re unsure whether a relocation is right for you at this time, consider these nine questions:
- What exactly is your plan?
Moving from one city to another isn’t as simple as selling your property with the help of an estate seller and transporting your stuff to the new house that you purchased in your new place. You have to take into account various factors, such as the job market, the city’s overall culture and available modes of transportation.
You should seriously reconsider moving if you don’t have a specific and well-thought-out plan.
- Do I have the financial means to relocate?
You have to think about your personal finances when moving. Don’t let the excitement or the nervousness of the relocation cloud your financial judgement.
Come up with a budget plan by writing down your sources of income, the amount of money you have in your bank accounts and a list of expenses and debts. Then, crunch the numbers to determine if you can afford the move.
Also, make sure that you have an emergency fund or a nest egg that you can access easily. Relocation will sometimes have last-minute and unanticipated expenses. You’ll want to have money to cover these costs.
- Is there a job waiting for you?
Ideally, you should have a job lined up when you move to a new city. This is true for individuals relocating to take advantage of a better and more exciting career opportunity.
If you don’t have work waiting for you, do your homework by examining the job market in your chosen city. Look at the current openings in that area and apply for positions in advance.
- Do any of my friends or family live around my chosen city?
Finding your footing socially in a new location can take a while. If you’re going to Japan alone and don’t know anyone there, for instance, you may see relocation as an isolating and lonely experience. As much as possible, check if you have friends or family members who reside near or around your preferred city.
Pro-tip: if the thought of leaving most of your family or friends behind makes you queasy, you may want to postpone your moving plans.
- How will I get around the city?
Consider the available modes of transportation in your new location. If your chosen destination is Tokyo, for instance, you could get around the city by using the train, subway or bus. On the other hand, you will need a vehicle if you’re relocating to Los Angeles or other car-dependent locations.
- Is the city culture a good fit for me?
Different cities in the world offer different vibes. If you dislike the location you’re living in, don’t simply relocate and hope that things will get better. You have to dig deep and learn why you’re unhappy in your current environment. Then, determine the elements that make your new location preferable. This assessment will make sure that you don’t regret moving to another place.
- What is the cost of living in that city?
The cost of living varies from one city to another. When checking out your dream destination, research how much locals are paying on essentials, like food, groceries and rent. Having a good grasp on how much people are spending there will help you prepare a budget. The cost of living information can also help you determine how much you should ask for your salary.
- How long will I be staying?
Before you relocate, determine if your move will be temporary or permanent. If it’s temporary, set a period on how long you plan to stay, such as six months or one year. If you’re moving to a city of another country for good, research the location’s citizenship and visa requirements.
- What’s my Plan B if things don’t work out?
Things don’t always work out the way you want. Save up money and find a temporary home to return to in case your relocation plans don’t pan out smoothly.
Think about these nine questions before packing your bags. If necessary, consult with friends and family to see if this brave move is a sound decision.