Centuries ago, a workday meant walking to your farmland or opening your ironsmith workshop for the day. Most businesses remained within their villages, and never saw the light of day in other parts of the region. Now, not only are businesses more fluid, but expanding across continents and oceans has become commonplace; something that would have seemed downright impossible to people a few centuries ago.
Global business expansion has led to many positive benefits for people. It has increased opportunities in terms of occupation, especially for developing regions of the world. This has meant that developing countries have also seen a boost in their economies, as well as an inflow of foreign currency.
You may be one of the lucky few to receive an opportunity to pursue a lucrative career abroad, through placements in your employer-company. If in fact graced with this opportunity, you will need to know what to expect when working abroad in an unknown land.
Accommodation and daily expenditure
Accommodation will be key. Most companies will provide you with accommodation facilities when they do deploy you for work abroad. However, if you are hoping to receive a better location in terms of being close to amenities, then you may consider renting out your own place for the duration of your stay, and using the rental money given by the company for accommodation as at least a part of your accommodation expenditure. Licensed money lenders will also be able to assist you in financing this venture. However, you have to keep in mind the fact that you are in a different country, and are more susceptible to scams. Therefore, it is crucial that you approach only trusted financial institutions, ideally one with international standing.
Daily expenditures will consist of mostly food and transport needs. If your workplace is further away from your residence, then transport will incur you a significant expenditure. Public transport would be the best option for you in terms of cost-effectiveness. However, for long stays abroad, purchasing or leasing your own vehicle may be necessary. Your company may be willing to invest in this option for you, but some may only do so partly. Personal loan for foreigners in Singapore are usually offered by most financial institutions, and you may be able to cover the rest of the expenses through such a loan.
Life abroad can be difficult, especially when it is for long periods of time for work, away from friends and family. However, you will find that adjusting to a new environment will not be as difficult if you venture into this opportunity with an open mind, and use this chance to embrace a brand new culture.