Four Key Tips to Handle Your Repatriation
In the interview below we cover four key tips for your repatriation or your next transition.
1 – Repatriating Your Role – You own your career and your brand
- Maintain a Repatriation Plan with your Employer
- Regular “home leave” where you network with your previous colleagues and meet your sponsor and other important influencers, and key decision-makers.
- Think about alternative roles you could do with your expat experience, start your own business
- Update your CV and LinkedIn profile and add your transferable skills
2- Expect Re-Entry Shock – It’s not all milk and chocolate
- Reading the news and keeping up with the latest trends in the country before you repatriate
- Keep relationships up and return “home” regularly.
- Psychological contract: Consider what you expect and write it down as it might need alignment with your employer, your partner, and your family
3 – Plan the Logistics – The devil’s in the detail, consult the Professionals
- Negotiate a repatriation budget and clause in your assignment contract.
- Check all immigration requirements for your kids, and partners with different nationalities (Example: Language requirements)Optimize Taxes – Talk to Your Tax Expert when to go
4 – Optimizing Taxes – Talk to Your Tax Expert about when to go
- Go through all the tax and financial aspects of your repatriation carefully with an expert, especially when you are planning to retire early or when you expect a severance package.
CONTACT Angie Weinberger via LinkedIn, Email angela@globalpeopletransitions.com for participating in a free workshop series that will help you build your personal brand and sign up here.