Relocating to another country can often be quite challenging. Moving your own little stuff could still be taken ahead without an elaborate preparation; however, the story takes a different shape when you’re planning to bring your family along.
With family, you have to think of changing not only your own office but your wife’s as well if she is working and kids’ schools too if they are studying. However, if you are joining a company that is willing to pay for a relocation agent to facilitate the moving process, the task may not be as daunting for you.
On the other hand, if you have your own work and have the work of setting it up in the new place, your effort doubles instantaneously! In that scenario, hunting for the right commercial spot could be the biggest challenge you happen to face.
There may be many avenues that have commercial property in London for sale; however, not all will meet your needs and budget.
Any which way, it can be a great opportunity for you to try new things, meet new people and propel your career because after all, London is a great city to advance in your career.
For the majority of corporate tenants moving abroad, language happens to be a big problem. Having English as the first and the most widely used language in an alien place works in your stride. However, a new city will throw its own set of challenges that you have to cope with. These include:
• Career issues of spouse or partner
• Children’s education
• Cultural setbacks
• Social adjustments
• Coping with the job
During the relocation process, corporate tenants are typically offered an accommodation in a hotel; however, this could eat up their funds and dig a hole into their pockets.
Landlords are often attracted to the corporate let market as corporate tenants tend to be the most lucrative type of renter. They are hardworking people who earn well and are financially reliable and respectful, so they know that their property will be well taken care of.
Corporate tenancies are often longer than normal, which is another point of benefit for landlords. As a result, they are usually more inclined towards renting out to such tenants.
In the erstwhile days, employees relocating from other regions were given their due as they were offered expat packages with funds strictly allocated to school searches as well as hunt for residential as well as commercial properties.
However, the practice is no longer followed as companies are gradually moving towards giving their employees grants to spend on their moving process the way they find most appropriate.
This gives them the ownership and choice to decide what they want to do because some people do not find it useful enough to hire a relocation service and outsource the work to separate service providers for school and residential hunt. On the other hand, there are many who wish to spend more on hiring school consultants to ensure their kids’ education is not compromised.