• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Stock

Americans who moved abroad say this big expense isn’t worth it

by August 7, 2024
written by August 7, 2024

Alex Ingrim knows a lot about how to move to a new country.

He was studying in San Diego when a study abroad trip to France led him to meet his now-wife, Louisa; in the 17 years since, the pair have grown their family and lived in Canada, France, the UK, Malta and now Italy.

Ingrim, 36, is a financial advisor with Chase Buchanan USA based in Florence, which has roughly 70 clients, where he advises fellow Americans about taxes and other financial planning involved with moving to Europe.

In his years helping Americans move overseas, he says one major expense ends up not be worth it: paying to ship your belongings to your new home.

“You can’t just pick up everything from your old house and put it into your new house in Europe,” Ingrim tells CNBC Make It. “It’s not going to fit the same way or look and feel the same way.”

A lot of times, larger furniture pieces simply don’t fit in oftentimes smaller European spaces, he says. Plus, “The plugs on the appliances are a lot different. Certain things about TVs might be at a different standard. People underestimate a lot of those aspects. So that’s been one piece of feedback we’ve gotten from people, they didn’t think [shipping their belongings] was that worthwhile.”

Instead, Ingrim says people have a better time of selling most of their belongings in the U.S. and moving to their new home country with a few suitcases.

The good news is that people are often “pleasantly surprised” at “how much cheaper a lot of the furniture is in Europe,” Ingrim says. That goes for appliances, too: “A new kitchen in Europe is a lot cheaper than it is in the U.S.”

Overall, Ingrim says his No. 1 piece of advice for people moving to a new country is to be realistic with their expectations and generally throw any ideas of space, efficiency and speed out the window.

“The one piece of advice I always give people is that your move is set up to fail when your expectations don’t match reality,” Ingrim says. “You need to go in with relatively loose and low expectations around what what your lifestyle in that country is going to look like. Expect life in Spain to be slow, because it’s going to be. Don’t expect it to be efficient.”

“Don’t expect a 2,000-square-foot apartment, it’s not going to happen most of the time,” he adds.

Of course, where there may be logistical challenges in making the move, there are plenty of cultural benefits to look forward to. “Expect the food to be good. Expect the people to be pretty friendly and nice, as long as you treat them with respect,” Ingrim says. On that note, defer to local customs and consider how showing respect may look different in your new home country.

“As long as you set your expectations accordingly, then you can take it slow and adjust at your own pace,” Ingrim says. “If you expect your American life to be transplanted to Paris, that’s going to be really, really hard to adjust to.”

This post appeared first on NBC NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Nearly 50% of student loan borrowers anticipate future debt forgiveness: What you need to know
next post
Ford turns ‘dirty’ business into a profit driver. GM and Stellantis are taking notice.

related articles

What falling wage growth says about where the...

April 7, 2026

Savannah Guthrie returns to ‘TODAY’ amid search for...

April 7, 2026

U.S. added 178,000 jobs in March, reflecting resilient...

April 6, 2026

U.S. oil has its biggest one-day price increase...

April 6, 2026

Is America on the cusp of a farm...

April 6, 2026

Republican leaders announce two-track plan to end the...

April 3, 2026

Hershey to resume using chocolate in most products;...

April 2, 2026

Stocks have their worst quarter since 2022, raising...

April 2, 2026

A global jet fuel shortage is raising the...

April 2, 2026

Average U.S. gas price hits $4 for the...

April 2, 2026
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Epstein victims use Super Bowl commercial to pressure Pam Bondi over withheld files

    February 9, 2026
  • Target is eliminating 1,800 corporate jobs as it looks to reclaim its lost luster

    October 24, 2025
  • Trump says China agrees to ‘fully’ open country’s markets to US businesses

    May 12, 2025
  • 2028 Watch: Here are the Democrats who may eventually jump into the next White House race

    December 30, 2024
  • Hunter Biden special counsel got ‘one resume’ from DOJ to help prosecute president’s son

    July 21, 2025

Popular Posts

  • 1

    District judges’ orders blocking Trump agenda face hearing in top Senate committee

    April 2, 2025
  • 2

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 3

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 4

    CoreWeave eyes $1.5B bond raise to ease debt load following lacklustre IPO: report

    May 9, 2025
  • 5

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024

Categories

  • Economy (829)
  • Editor's Pick (8,502)
  • Investing (2,060)
  • Stock (1,017)

Latest Posts

  • Judge restores Trump administration’s buyout offer to federal workers

    February 13, 2025
  • Left-wing billionaires bankroll Dem super PAC plotting to win back working-class voters: ‘This is a priority’

    February 4, 2025
  • GOP senators back Russ Vought’s hardball shutdown strategy as standoff intensifies

    October 10, 2025

Recent Posts

  • AI-powered sports media company raises $13 million, led by Alexis Ohanian and Giannis Antetokounmpo

    February 12, 2025
  • Swalwell threatens FBI with legal action as Patel reportedly weighs ‘Fang Fang’ files release

    March 31, 2026
  • Circuit court puts final nail in the coffin for Biden’s $500B student loan forgiveness plan

    February 19, 2025

Editor’s Pick

  • Will Trump ask former top GOP rival Nikki Haley to join him on campaign trail during final stretch?

    October 29, 2024
  • Biden’s ‘garbage’ comment sends Dem Senate candidates scrambling in key swing states: ‘strongly disagrees’

    October 30, 2024
  • Federal appeals court blocks Louisiana’s new congressional map in blow to GOP

    August 18, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock