ESCAPE THE STRESS OF MOVING

August 15, 2020 | John J. Pasquini

Moving is exciting, demanding, and stressful. It impacts the mover physically, emotionally, and psychologically.

Exciting Aspects of Relocating

  • Moving is a way to start over, leave the negative behind, and foster the positive.
  • Relocating is a time for personal growth—of defining new priorities and cultivating alternate perspectives.
  • Moving betters your social life. A new community with new neighbors, workers, and friends, makes life more pleasant.

The Downside of Moving

  • Relocating means leaving the proximity of your family and friends behind: being away from grandparents, cousins, aunts, uncles, and best friends can be difficult.
  • Learning about your new hometown—where to eat, shop, and hang out–can be challenging.
  • Moving to a new country comes with a new culture. Understanding and exploring a different culture can be exhilarating but also foreboding.

Questions and Strategies for a Smooth Relocation Transition

What questions do you need to ask yourself prior to any prospective move?

  • Do you desire to relocate domestically or to a foreign location?
  • For what purpose are you moving? Is it for retirement, work, business, lifestyle, or some combination of the aforementioned?
  • Have you ever visited the area you are considering a move to or setting up a business in? If not, you need to!
  • Are you looking for temporary or permanent housing?
  • If you have children, what type of schooling do you need?
  • What are your healthcare desires?
  • What locations will provide you with the type of financial security you desire?
  • What places are safe and secure for living and work?
  • If planning a foreign move, what visas are you eligible for? And what visas best meet your personal and business demands (E-2, EB-2, EB-5, Green Card, Work Visa)?
  • If planning a foreign relocation, what tax reduction strategies are accessible?
  • What type of commercial enterprise are you seeking (a Limited Liability Company [LLC], S-Corporation, Corporation, Sole Proprietorship)?
  • Will you need help acquiring a Taxpayer Identification Number (TIN) and/or Employer Identification Number (EIN) for your commercial enterprise?

What should you do during the relocation process?

  • Take inventory of your belongings for insurance purposes
  • Get moving estimates and create a moving binder
  • Obtain school and medical records
  • Find new schools and doctors and notify them of your impending move
  • Set up homeschooling (if interested)
  • Choose travel and moving arrangements and order (if needed) packing supplies
  • Secure continued access to prescriptions
  • Obtain health certificates for pets
  • Fill out change of address forms
  • Cancel or transfer subscriptions (e.g., newspapers, magazines)
  • Notify utility companies to disconnect old utilities and connect new ones
  • Retain and adjust insurance policies

What should you do after relocating?

  • Set up your home
  • Register your company and complete the formation and setup process (if forming a company)
  • Open bank accounts
  • Explore and implement tax strategies
  • Visit your new work environment
  • Delve into your new city
  • Explore your child’s new school (if you have children)
  • Make introductory appointments with healthcare providers
  • Register your car and get a new license
  • Consider a local cellphone number

Consult a Relocation Firm

Consultant firms like Exodium make moving less stressful. Through their expertise, professional services, and recommendations, they plot out smooth, stress-free migration plans tailored to their customers’ needs and aspirations. They provide “before, during, and after” care. They make dreams come true!

Moving is stressful, demanding, and exciting. Being prepared, using professional relocation firms, and having a love for adventure can make moving and business planning more exciting than stressful.

Sources: “8 Things to Remember before Moving Abroad.”  https://www.pearsonpte.com/articles/8-things-to-consider-before-moving-abroad. Pearson| PTE. “7 Challenges to Moving to a New State.” https://arcrelocation.com/moving-to-a-new-state/. ARC. 2021; “Why Moving is so Stressful. https://www.getbellhops.com/blog/moving-stress/.   Bellhop. December 7, 2021; Mueller, Laura. “7 Tips on How to Make Moving Less Stressful.” https://www.moving.com/tips/7-tips-on-how-to-make-moving-less-stressful/. Moving.com. March 26, 2018;  “Moving Stress: Why You Feel It and How to Cope.” https://www.zillow.com/resources/stay-informed/moving-stress/. Zillow. August 24, 2021.

 

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