• 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
‘Sanctuary state’: Walz signed law making Minnesota destination for transgender therapies for kids

related articles

Paramount mandates 5-day-a-week return to office ahead of...

September 5, 2025

Apple has survived Trump’s tariffs so far. It...

September 4, 2025

Trump family’s American Bitcoin makes stock market debut

September 4, 2025

Disney to pay $10 million to settle FTC...

September 4, 2025

Crash victims’ families prepare to make what could...

September 3, 2025

Amazon cracks down on Prime free shipping sharing

September 3, 2025

U.S. judge orders Google to share search data...

September 3, 2025

Kraft Heinz to split into two companies

September 2, 2025

Rhode Island’s ‘Taylor Swift Tax’ on vacation homes...

September 2, 2025

Spirit Airlines files for Chapter 11 bankruptcy protection...

August 30, 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

  • Biding Time: Trump assassination attempt overshadows calls for Biden to step aside

    July 18, 2024
  • Biden endorses Kamala Harris after bowing out of 2024 race

    July 21, 2024
  • Trump’s controversial plan to fire federal workers finds favor with Supreme Court

    July 16, 2025
  • Ripple and Tron: Tron in pullback since Saturday

    August 13, 2024
  • Stock Market News UK Update: FTSE 100 & 250 Rise

    March 20, 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

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

    December 4, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (5,924)
  • Investing (634)
  • Stock (921)

Latest Posts

  • Trump executive order stands up presidential religious liberty commission

    May 1, 2025
  • Historian who predicted almost every election since 1984 reveals who is likely to win in Trump-Harris matchup

    July 29, 2024
  • RFK Jr rips Dem senator for pushing ‘dishonest’ narrative on past vaccine comments: ‘Corrected it many times’

    January 29, 2025

Recent Posts

  • Trump announces pick of real estate tycoon Steven Witkoff for Middle East envoy

    November 13, 2024
  • Long AON: capitalizing on bullish trends and strategic fundamentals for targeted upside potential

    January 9, 2025
  • Frontier Airlines proposes merging with fellow budget carrier Spirit — again

    January 30, 2025

Editor’s Pick

  • Trump, South Africa in growing row over hotly contested land law, country’s deals with US foes

    February 9, 2025
  • ‘One more’: Senate Republicans eye tackling another reconciliation bill

    July 14, 2025
  • Prebiotic soda brand Olipop valued at $1.85 billion in latest funding round

    February 13, 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