Too many clients are unrealistic about relocation - Jelf Employee Benefits

clock

Potential expats need to realise that relocation will mean getting to grips with foreign processes despite exciting lifestyle changes, Jelf Employee Benefits has warned.

Jelf said advisers needed to lay plenty of groundwork for clients moving abroad to live and work.

The firm said contracts and tying up loose ends in the UK, healthcare and budgeting in the new lifestyle were the top three challenges when dealing with clients at the point of relocation.

In a list of 10 areas that needed addressing Jelf included: banking, tax and legal systems, cultural considerations and education and childcare.

Sarah Dennis, international healthcare director for Jelf Employee Benefits says: "Life as an expatriate brings fresh and exciting challenges to those who choose to move abroad.

"While this lifestyle may offer a warmer climate or better job prospects and exciting opportunities there will still be life carries on as normal and there are still bills to pay and processes to get to grips with in a new country."

She added too many clients has a rose-tinted view when thinking about their move which often led to a lot of unnecessary stress further down the line.

Author spotlight

Nicola Culley

More on Employee Benefits

Majority of people are not saving enough for retirement despite overestimating financial ability: Wealth at Work

Majority of people are not saving enough for retirement despite overestimating financial ability: Wealth at Work

Financial education can help employees understand value of workplace pensions

Nafeesa Zaman
clock 30 November 2021 • 1 min read
Four in five workers have experienced burnout: Ceridian

Four in five workers have experienced burnout: Ceridian

Increased workloads largely to blame

Nafeesa Zaman
clock 30 November 2021 • 1 min read
Openwork Partnership extends support for menopause and miscarriage

Openwork Partnership extends support for menopause and miscarriage

Training and resources have been furthered, as have safe spaces

John Brazier
clock 29 November 2021 • 1 min read

Highlights

COVER Excellence Awards 2021: All the winners revealed!

COVER Excellence Awards 2021: All the winners revealed!

Leading With Distinction

COVER
clock 03 November 2021 • 2 min read
COVER Excellence Awards 2021: The Night in Pictures

COVER Excellence Awards 2021: The Night in Pictures

A photo gallery from COVER Excellence Awards 2021, held at The Brewery, London, on 2 November.

COVER
clock 03 November 2021 • 1 min read
Gosia Bowling: The role of behavioural science in creating a menopause-friendly workplace

Gosia Bowling: The role of behavioural science in creating a menopause-friendly workplace

'The key to supporting menopausal women is creating a culture in which conversations are welcomed and expected'

Gosia Bowling
clock 02 November 2021 • 6 min read