• 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

Prada Group says it has purchased fashion rival...

December 3, 2025

Dell family donation to offer 25 million kids...

December 3, 2025

Shopify says a daylong Cyber Monday outage has...

December 3, 2025

Starbucks to pay about $35M to NYC workers...

December 3, 2025

Apple’s AI chief abruptly steps down

December 3, 2025

Airbus says most of its recalled 6,000 A320...

December 2, 2025

Campbell’s fires executive accused of racist remarks and...

November 28, 2025

Bitcoin and other crypto assets sink in flight...

November 24, 2025

Stock market sinks as AI and interest rate...

November 24, 2025

Bargain hunters drive Walmart sales and outlook higher

November 21, 2025
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

  • Top House Dem exposes party’s strategy to blame Republicans for looming government shutdown

    September 24, 2025
  • EURAUD and EURNZD: New annual high for EURNZD at 1.82573

    July 23, 2024
  • Democrats propose bill to prevent Trump from relocating federal agencies outside DC

    April 5, 2025
  • Biden maintains he will not enforce TikTok ban, plans to punt to Trump administration

    January 17, 2025
  • Democratic congressman hurls profanity-laced message at Stephen Miller

    June 25, 2025

Popular Posts

  • 1

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

    July 21, 2024
  • 2

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

    July 19, 2024
  • 3

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

    April 2, 2025
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024

Categories

  • Economy (829)
  • Editor's Pick (6,977)
  • Investing (644)
  • Stock (963)

Latest Posts

  • Teens spend more than a quarter of their time at school on phones, new study finds

    February 4, 2025
  • Trump announces more nominations, including Kari Lake as director of Voice of America broadcast

    December 12, 2024
  • Oil and Natural Gas: New Targets and Prices for this Week

    October 14, 2024

Recent Posts

  • Rap star Nicki Minaj thanks Trump for addressing persecution of Christians in Nigeria

    November 1, 2025
  • Mike Waltz, other National Security Council staffers out in latest Trump purge following Signal chat leak

    May 1, 2025
  • Trump’s tariff strategy could pay for his tax bill, but only if they stick, experts warn

    June 6, 2025

Editor’s Pick

  • Harris campaign plagued by surrogates’ gaffes: ‘Colossally inept campaign’

    October 23, 2024
  • EXCLUSIVE: Trump admin strengthens religious accommodations in federal workforce

    July 16, 2025
  • National Security Agency Director Gen. Haugh fired, civilian deputy director reassigned

    April 4, 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