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5 things to consider when relocating to a new country

13 August 2020

5 minute read

Relocating to a different country is both an exciting and challenging time and there’s a lot to consider.

If you’re moving for business, you don’t just have to think about how you will manage with a new team or role. You also have to deal with all the paperwork that comes with moving house, often in a new language and with different formalities and processes. There’s your family to consider, and how they will settle in.  You may also need to make sure your financial needs are met, from keeping on top of investments to securing some of the best exchange rates when transacting across borders.

As part of one of the world’s largest banking groups, we have been helping our clients with a wide range of banking needs at home and abroad for over 330 years. Here are just some of the areas where we can support you, every step of the way:

Finding a home

Helping clients access the UK property market is a major strength. Whether that’s providing flexibility as you relocate, or peace of mind when settling down, we can help you access the financing you need.

Navigating paperwork

Moving to a new country often involves producing a set of credentials from proof of residency to detailing assets and access to finance. To help you settle in your new home, our Relationship Managers are on hand to help qualifying customers1 obtain the necessary documentation for residency certification, so you can get on with your daily life with the minimum of fuss.

Help your money grow

Even if your immediate concerns are about settling into a new life in the near-term, you want to make sure your future financial plans are still under control. Our teams are here to help you make the most of your investments, wherever you are right now, and can help you understand a range of instruments that can help your money grow, as well as preserve it for future generations.

Education

Choosing a school is one of the most important decisions you can make for your family. We can help you make the most of your children’s education with advice on our available financing options to move your money internationally with ease, making those fee payments all the simpler.

Customs and community

Wherever you are, being an active member of your local community is a really important part of a successful relocation. With expertise across the globe, our Relationship Managers have been known to impart local know-how from their area, helping clients understand customs and traditions, from religious holidays to national festivals. Whether it’s an appropriate greeting to observing a dress code, when getting to know your new home, it’s the little things that matter. At Barclays International Banking, we are here for you, wherever you are.

We serve those with an international lifestyle. Whether you’re a UK national living or moving abroad, a foreign national in the UK, or looking to hold funds outside of your home country, we can help. You’ll need to have a deposit of at least £25,000 (or currency equivalent) maintained across your accounts.

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Make your dreams, a plan

We’re ready to move, invest and preserve your wealth, so you can make the most of your world. Apply for a Barclays International Banking account today.

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