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American expatriates reveal that this significant cost is not worth the investment


Alex Ingrim, a financial advisor with Chase Buchanan USA, has extensive experience moving to different countries. He advises Americans on financial planning and taxes when moving to Europe. One major expense he believes is not worth it is shipping belongings from the US to Europe, as larger furniture may not fit in smaller European spaces and appliances may not be compatible. Ingrim suggests selling most belongings in the US and moving with just a few suitcases.

He emphasizes the importance of being realistic and managing expectations when moving to a new country, as lifestyle may be different in terms of space, efficiency, and speed. Ingrim recommends embracing the slower pace of life in some European countries and adjusting to smaller living spaces. He advises respecting local customs and understanding cultural differences to help with the adjustment process.

Ingrim highlights the benefits of living in Europe, such as affordable furniture and appliances, good food, and friendly people. He encourages individuals to set realistic expectations and be open to embracing the new culture. Moving to a new country can be challenging, but with the right mindset and willingness to adapt, it can be a rewarding experience.

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www.nbcnews.com

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