Foreign jobs are not that lucrative

If you are planning to pursue a career overseas, then dream in your eyes might be a good place to start; but there is a lot of homework and planning you must do to make sure nothing goes wrong with your tryst with foreign land.

When M decided to pursue career opportunities overseas, the first thing he did was to start listing down the countries, industries options and job profiles in an excel sheet. M thus made a cumulative document of all the information needed. By the end of two months, he had a comprehensive and comparable analysis across countries industries and jobs. Such a sheet can be as detailed as you like. You could include details like job title skills, experience and qualifications, company name, location, citizenship requirements work eligibility, housing options, schooling expenses, other cost of living expenses etc. Another alternative is approach a recruitment agency to you on this part.

Once you start your search aggressively, you must be prepared with your job search correspondence like your updated resume, the initial letter, follows ups etc You might want to prepare versions of this correspondence customizing them to the different geographies you are targeting.

Once you are able to crack your interviews and have landed yourself with a plum offer overseas, get set with basic documentations like a valid passport, a valid visa, work permit (which your employer has to organize) an employment contract among others.

While it might be true that you really want to move, and think it’s a great opportunity sometimes financially speaking, it might be the worst decision you ever made. You must look to have the answers to all these questions:

1) Who is picking up the relocation expenses such as airfare for you and your family, the movers and packers charge, the initial deposit for your rental accommodation etc?
2) What are the living expenses like in that country/city? Here seeking help, from someone who has lived there will help.
3) Is your prospective employer willing and agreeable to a look & see visit beforehand as being a foreign country, you might have the comfort of knowing where the office is, how far it is to the affordable housing locations; where are the affordable schools located, would you need a car or are the distances manageable by public transport. This knowledge would come in handy when you sit down with your financial calculations.

Informs, a graphic designer based in San Jose, USA, while my husband maws accepting his current job in a technical firm we had to do our checks. We had to identify a good school or our twin daughters, and since in this state, accessibility to a school is dependant on the pin code you stay in, we had to find an appropriate locality to stay in. The locations we identified were a bit far from my husband’s office, so we had to invest in two cars. All these expenses were defined only once we got into the nitty-gritties.

Once you have a complete grip over what your expected none time and monthly outflows will be it is time to negotiate the commercial offer you might have received. For this it is important to understand the taxation laws of the country you are headed for, as well the benefits/loopholes that might exist.

Also, you should be clear on what insurance policies form part of your packages, and what these insurance policies cover. This is particularly important overseas as medical expenses in countries like the USA can be quite high. Other questions you might want answered would, be your leave entitlements, salary and bonus settlement procedures, increment policies, contract renewal policy, release clause, conditions under which your services can be terminated notice period, lock-in period; most of these should be in written form as part of the documentation.

Accepting the offer

Getting an international job offer might be your dream come true but it is imperative that you do your homework to safeguard yourself and your loved ones from any unpleasant surprises.–