They say that moving house is the second most stressful event in a person’s life, after divorce. Add to this the pressure of an international move and all that goes with it and you have a melting pot of decisions, deadlines and potential disasters.
Whether relocating for business or pleasure, it is not only the distance that adds to an already fraught time; pensions, tax, currency exchange, healthcare and pet transport are just a few of the issues that need to be addressed. Moves to a different country tend to have definitive dates attached to them which are less flexible than moves within the same country, adding yet more strain to an already agitated situation.
Whether to sell their house before moving abroad is a dilemma affecting more people than you might think – 7% of people needing to sell their house quickly cite moving abroad as the reason why they need to do so.
We all know that once the move is completed, all the hassle and stress will be worth it, and the employment opportunities, weather, more relaxed way of life, or whatever reason you are moving for will make you glad you persevered.
In order to help, we have looked at the positives and negatives of the three main ways of selling your house in order to move abroad and also looked at the option of deciding not to sell and instead renting out your existing property.
Positives:
Negatives:
Conclusion: Good for price, not so good for time, hassle or certainty.
Positives:
Negatives:
Conclusion: Good for viewings, not so good for price or certainty
Positives:
Negatives:
Conclusion: Good for speed and certainty, not so good for price
Positives:
Negatives:
Conclusion: Good for flexibility and price, not so good for hassle or the fresh start!
We hope you have found these points helpful and wish you all the best with your move abroad.
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