Packing up your life again dwelling and shifting overseas is without doubt one of the most exhilarating, life-changing selections you can also make. Family and friends would possibly assume you’re loopy; they may take bets that you simply’ll be dwelling in every week or fear that you simply’ll by no means come dwelling. However for those who really feel a calling to see what life is like on a special a part of the globe, you need to completely go for it! Nothing will change your life fairly like leaping off the deep finish and shifting to a international nation.

You could be prepared to leap on the following aircraft to wherever overseas, however earlier than you do, there’s one factor it’s a must to determine: cash. It will not be as thrilling to consider as browsing the waves in Nicaragua or trekking Mount Kilimanjaro, however your funds are one of the vital issues to contemplate earlier than shifting overseas. You don’t wish to settle into your new dwelling in another country solely to comprehend you don’t have sufficient to make it by way of your first week. Nobody needs to make that dreaded name dwelling, begging mother and pa for a mortgage.

There are specific prices to contemplate when shifting overseas, some you’ll expect and others would possibly pop up out of nowhere. When my associate and I moved overseas to Bali, Indonesia final yr, we undoubtedly had some surprising bills come up. However by way of that have we discovered the ins and outs of how a lot it really prices to maneuver overseas. Right here is our expertise and recommendation for these trying to transfer overseas too!

Earlier than You Depart

Selecting Your Vacation spot

You could have already got a dream vacation spot in thoughts. Maybe you see your self strolling alongside the sting of the River Seine in Paris or going to the theater each evening at London’s West Finish. However guess what? These cities are costly! One of many causes we selected to maneuver overseas to Bali is that it’s low-cost. You’ll should set a practical month-to-month finances for your self after which do your analysis to seek out out what issues really value if you stay in that nation. You will have your coronary heart set on a sure metropolis or nation, however what for those who may stay overseas for an entire yr as a substitute of just some months in a special a part of the world?

You even have to contemplate what sort of life-style you wish to stay in your vacation spot of selection. For us, we wish to exit to eat, have drinks with associates and I really like having my every day morning latte. We are able to’t afford to exit for meals and drinks on a regular basis when dwelling in San Francisco. Residing in an inexpensive nation like Bali means we don’t should pinch pennies by lacking the luxuries that we love.

Journey Prices

Clearly if you transfer overseas, a few of your first bills are going to be the up entrance journey prices simply to get there. Your aircraft tickets, passport if it must be renewed and visa prices needs to be famous in your finances. For large purchases like abroad aircraft tickets, contemplate placing these on a bank card that rewards your spending with airline miles and resort credit score. You may get journey rewards as you journey!

Journey insurance coverage is one other added expense that it’s a must to embody. You could contemplate skipping insurance coverage to avoid wasting cash, however belief us, it’s definitely worth the funding! We had a digital camera that broke in Bali and with journey insurance coverage we had been in a position to get nearly all of our a refund!

Spherical journey aircraft tickets from US to Bali: Roughly $1,000

Visa/individual: $35

Insurance coverage: $115+

One factor to notice is that if you transfer overseas, your life doesn’t magically disappear again dwelling. You’ll want to determine what to do together with your stuff and plan for any payments you’ll obtain when you’re away. It’s additionally price wanting into whether or not you possibly can pause any payments when you’re abroad. We had been in a position to put a maintain on our automotive insurance coverage whereas we had been overseas as a result of the automobile was in storage.

Prices Whereas Overseas


Most definitely your largest value whereas dwelling overseas will probably be your housing. Identical to at dwelling, your vacation spot will most definitely have a wide range of housing from finances to luxurious. Whereas in Bali, we discovered rooms from as little as $200/month to three bed room villas costing $three,000+/month. As lovely as the posh villas are, we discovered that a easy guesthouse can usually be nearly as fairly, with a a lot smaller price ticket.

We ended up renting a room in a guesthouse for $420/month, which included all utilities and Web. With a big bed room, out of doors bathe, lovely pool and central location, we had been actually proud of our selection! To seek out inexpensive housing, we suggest looking native Fb teams. Airbnb might be good for brief time period, however is commonly not very inexpensive for long run leases. It’s additionally a lot simpler to seek out housing when you’ve landed.

Usually widespread expat cities could have native networks, and even bulletin boards with residences listed. It may be scary to land in a brand new nation and never have long run housing sorted but, however until you’re going to a brilliant touristy vacation spot in peak season, you’ll at all times discover one thing!


Identical to dwelling, one other main dwelling value overseas will probably be meals. Purchasing at native grocery shops is often the most effective finances choice, so ensuring your housing has a kitchen is essential. If you get to your new dwelling, have a peek on the grocery retailer and a few native eating places to get an thought of how a lot meals prices. It may be tempting to reach and check out all of the native delicacies, however that’s one technique to spend all of your cash in a flash. Having a weekly finances for meals and drinks offers you an thought of whether or not you possibly can splurge on a pleasant meal out, or scrimp and have a easy pasta at dwelling.

Bali could be one of many solely spots on this planet the place grocery procuring might be dearer than going out to eat. The place we stay in Canggu, there are such a lot of inexpensive eating places and cafes. You will discover meals at a neighborhood warung (Indonesian restaurant) for as little at $1.50 USD, at a flowery Western restaurant the place a meal is round $eight USD, and the whole lot in between. We are inclined to go to the native warungs and midrange Western locations principally, with some occasional splurges of $30 dinners for 2. Nonetheless less expensive than again dwelling!

Excursions and Actions

After all you didn’t transfer overseas to simply sit in your residence all day. You wish to exit and have enjoyable! Among the finest components of dwelling overseas is touring round and experiencing the native websites. You’ll wish to be sure that to finances some enjoyable and journey into your funds, so you will get essentially the most out of your dwelling overseas expertise!

We love Bali as a result of we are able to hire a bike for $50 for the month and simply cruise across the island. We love hanging out in our neighborhood and on the weekends testing the attractive seashores and islands close by.

Sudden Prices

Irrespective of how meticulously you finances your journey, you’ll at all times run in to surprising prices. Hopefully these prices might be saved to a minimal (particularly for those who’ve lined your butt with journey insurance coverage!) In Bali, a few of these miscellaneous bills included shopping for a very good helmet, as a substitute of utilizing the crappy rental helmet (security first!). We additionally needed to pay about $50 for a visa extension, in addition to do a visa run to Kuala Lumpur with a purpose to keep longer in Bali. Our visa run ended up costing us about $100/individual for flights, transport to the airport and some meals.

After tallying up all these prices you possibly can see it’s nonetheless straightforward to chew by way of your finances when shifting overseas, even when shifting to a less expensive vacation spot like Bali. After all, relying in your life-style and vacation spot of selection, the overall could also be much more or lots much less. However the normal prices of journey, housing, meals, excursions and surprising bills will most definitely be the identical. So long as you propose forward and follow a finances, your dream of dwelling overseas can turn out to be a actuality!


Please enter your comment!
Please enter your name here