15 Financial Tips before Becoming an Expat

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15. Don’t Forget about Medical Insurance

Every country is different when it comes to medical insurance and required or optional coverage amounts. If a prospective expat is making a move with an existing policy, take the time to research the level of coverage that it will provide while residing abroad. Many times, individual medical insurance policies will not translate to the new country, and one will need to seek out a local option for coverage that will add to the monthly expenses. Researching and knowing these facts before moving will go a long way to avoiding potentially big headaches in the future. The same thought process should also apply to dental needs if not included in the medical coverage.

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