11 Top Tips for Moving Overseas Cheaply
People who say that “the best things in life are free” have clearly never moved abroad.
Relocating to a brand new country is as exciting as it gets, but it costs money.
Just when you think you’ve dealt with one thing, something else crops up. If you’re not careful, things like shipping, visas, and flights can set you back a serious amount of cash – and that’s before you’ve even got to your destination.
But you shouldn’t let money worries put a downer on your big plans. Luckily, our wise heads at MoveHub know how to cut moving costs, and we’re delighted to share our advice with you.
What’s on this page?
01 | Choose sea freight over air freight
02 | Give yourself time
03 | Compare shipping quotes
04 | Shop around for the best medical insurance
05 | Prepare for overseas finance
06 | Buy flights at exactly the right moment
07 | Sell the stuff you don’t need
08 | FCL or LCL?
09 | Sort your taxes out
10 | Avoid unnecessary customs duty
11 | Move to a cheap country
Before you start reading, have a watch of Ben, Gary and Becky explain our top tips for moving abroad cheaply.
1. Choose sea freight over air freight
As a website that exclusively offers sea freight, you might find this one a little suspicious, but hear us out.
When you’re looking for the cheapest way to move belongings overseas, container ships should be your first port of call. According to the World Bank, ocean freight is usually between 12-16 times cheaper than air freight.
Why is this? Well, there’s currently massive overcapacity in the global sea freight industry, which means supply is outweighing demand and keeping prices low.
Air freight also comes at a premium because it’s significantly faster than sea freight. While a container ship might take 20-30 days to travel from China to the US, a freight plane can nip over in just three (source: Freightos).
If you’re moving in a serious hurry, air freight might be your only option – but for any sensible international move, sea freight is essential.
It wins out on the carbon footprint front, too; the CO2 emissions of container ships are utterly dwarfed by the nasty coughings of overhead planes.
For example, two tonnes of freight travelling 5,000km on ocean waters would create 150kg of CO2. Put that same freight on a plane for 5,000km, and you’ve got 6,605kg of CO2. You know what dear Mother Nature would prefer.
For more information, take a look at our comparison of typical sea freight and air freight rates.
2. Give yourself time
“You may delay, but time will not” – Benjamin Franklin.
Mr. Franklin certainly wasn’t one to dilly dally when it came to planning his international relocations. Time is humanity’s greatest commodity, so don’t waste it stumbling around in a last-minute panic..
Almost every aspect of your move will benefit hugely from getting it sorted sooner rather than later. Once you know where and when you’re going, there’s nothing stopping you from setting a date for the shipment of your belongings.
If you leave it too late, then you’ll be left with two rubbish choices: flying your stuff for a crazy price, or arriving several weeks ahead of all your cargo. It’s a no-brainer, really.
Get a grip on time and you won’t miss the boat. Start contacting shipping companies at least three or four months before your planned move date.
3. Compare shipping quotes
Every sensible customer shops around a bit before committing to a purchase. This might be excessive behaviour when you’re buying a pint in the pub, but it’s sound practice when it comes to moving overseas.
There are multiple shipping companies operating on almost every route around the world, which means you’ve got a choice to make. It’s important that you consider your options before going with the first freight forwarder you find.
This is where MoveHub can help. Just fill in this short form with a few details, and up to six suppliers will be in touch.
However, make sure you ask for a full breakdown of each quote, so you know exactly what you’re being offered. Shipping companies can offer a range of services, including professional packing/unpacking, insurance cover, and full door-to-door delivery.
Select the size of your move to get free quotes
4. Shop around for the best health insurance policy
In most countries around the world, it’s advisable for expats to sort out some private medical cover. Even if your new country does have an efficient public healthcare system, it can take a while before you’re able to access it, e.g. you might have to live in the country for a certain period of time, or secure a specific type of residence permit.
It makes sense to sort this out well before you go, and to compare policies so you get the best deal. So where to start?
Well, we’ve partnered with Cigna for private medical insurance in around the world. With four levels of annual cover to choose from and extra modules for more flexibility, Cigna will sort you out with a plan that suits your needs.
Start building a customised plan with a free quote to protect your most important assets – you and your family.
5. Prepare for overseas finance
When you move abroad, you don’t ever fully uproot. You’ll always leave a piece of you behind.
This is especially the case with money. If you’ve got savings in a bank, you’ll probably need to draw on them once you’re up and running in your new country.
But this gets expensive, because transferring money abroad comes with all sorts of fees and unfavourable exchange rates. You’ll see your hard-earned hoard of unspent pennies shrink as it drops into your new bank account.
That’s why we’ve teamed up with TransferWise, an online international money transfer service which uses the real exchange rate, and charges low fees. How much could you save? Well, its service can be up to 8x cheaper than high street banks.
Join more than 7 million people and start using TransferWise today.
6. Buy flights at exactly the right moment
While we heartily recommend that your cargo takes the watery route to your new home, we generally assume that you’ll be flying there.
However, it’s not necessarily the most advanced planners that get their hands on the cheapest flights. You’ve got to choose your moment.
This advice is coming straight from the folks at Skyscanner, and boy do they know about flying.
- Buy tickets seven weeks in advance for short-haul flights
- Buy tickets eighteen weeks in advance for long-haul flights
So, if you can hold your nerve, it’s better to hang on a bit instead of just buying the tickets as soon as they’re released.
If this advice isn’t weirdly specific enough for you, most airlines also recommend Sundays as the best day of the week to book your plane tickets.
The worst day? Wednesday.
Naturally, off-peak seasons offer the best opportunities for finding cheap flights, so you should always try to fly when there aren’t many tourists heading the same way – if you have the luxury of choosing when you go, that is.
7. Sell the stuff you don’t need
We’re pointing out the obvious here, but the less you bring, the cheaper your shipment will be. If you can trim the fat before loading up and shipping out, you’ll be spending significantly less money.
When you’re moving to a new country, you should take half the stuff (and twice the cash) that you think you’ll need. It’s time to be completely brutal with your belongings.
Choose something you currently own and try to imagine life without it. If it feels ok, you don’t need it. If you can’t imagine life without it, then try a bit harder.
That big television in your front room? Sell it. Your big winter coat? You won’t need it if you’re moving to a warm country. Your dog? Only joking, you don’t need to get rid of your dog.
But in all seriousness, vaccinations and passports for your pet can be very pricey, so maybe it’s time to assess the true value of your furry friends. If Fido and Mittens are coming with you, then check out our detailed page on pet relocation.
Once you’ve decided what you’re leaving behind, you can then start to sell it on websites like eBay. You’ll be shrinking your shipment, and making some extra cash on the side.
If it won’t sell, donate it to charity, or give it to a friend. If literally nobody wants it, then maybe just put it in the bin.
So what kind of stuff should you leave behind? An important thing to consider is whether the cost of shipping the item will exceed the cost of buying it again in your new country.
You can always just follow the ‘six month rule’: if you haven’t used it in six months, you probably don’t need it. Check out the table below for some guidance.
|Belonging||Sell it or ship it?|
|Kitchen appliances||For goodness sake, sell them|
|Television||S e l l|
8. FCL or LCL?
The overseas shipping industry is awash with acronyms (AWA), some less necessary than others.
Once you start looking into sea freight, you’ll be presented with two options: Full Container Load (FCL) or Less Than Container Load (LCL).
With FCL, you’ll pay a flat rate for the full use of a whole 20ft (or 40ft) container, while LCL involves sharing a container with other people. It’s basically like the difference between a taxi and a bus.
If you are only shipping a small amount of cargo, LCL is the more cost-effective option. However, this stops being the case once you reach around 15 cubic metres of cargo. After this point, you’re better off hiring a whole container, even if you’re only filling half of it.
So why is that? Well, in terms of cost per cubic metre, LCL is about 2-3 times more expensive than FCL.
While an FCL container can be delivered seamlessly from one door to another, an LCL shipment has to be carefully put together in a warehouse before shipment (as everyone’s separate cargo arrives), then unloaded at the destination port. All this extra time and labour naturally leads to a higher cost.
If this all sounds a little complicated, no bother; once a professional shipping company is taking care of your move, they’ll be able to help with the LCL/FCL decision.
9. Sort out your taxes
Let’s not mess around: at MoveHub, we think paying tax is really important. But we don’t think you should be doing it in two countries.
Once you know you’re moving abroad, make sure you notify your current government about it. People can often end up paying income tax twice, and only reaping the benefits in the country they’ve moved to.
Most countries have a fairly simple exemption process; for example, if you’re leaving the UK, you just need to complete the P85 form and send it off to HMRC.
Meanwhile, if you’re still going to be receiving interest from any UK-based savings after you’ve moved abroad, you should complete form R105 and send it off to HMRC. This will stop the government taxing you on your interest income, as you’ll be paying income tax abroad instead.
Americans still have to file a tax return even when they’re living abroad, but they can complete forms 2555 and 1116 to ensure that they pay a lot less.
Select the size of your move to get free quotes
10. Avoid unnecessary customs duty
Getting your belongings through customs is never a simple process, but you can certainly take steps to ensure that it goes as smoothly as possible. Take shortcuts, however, and your move overseas could be dogged by additional costs, stacks of extra paperwork, and misplaced items.
Pretty much every country in the world will require you to complete a detailed, itemised inventory of every belonging you’re wanting to bring in. This sounds nosey, but it helps border officials calculate customs duty, as well as keep an eye on anything untoward.
Not that you’d be clumsy enough to declare the untoward stuff. But the vast majority of containers around the world are either x-ray scanned or physically inspected (or both), so don’t even bother trying to sneak anything through.
And don’t do it accidentally, either – make sure you know exactly what is and isn’t allowed into the country you’re moving to. Some countries can have restrictions on some pretty peculiar things, such as ballpoint pens (Nigeria), chewing gum (Singapore), and Kinder Eggs (the United States).
Correct packing is another must. During physical inspections, if your goods are a nightmare to look through, the procedure will take even longer and you’ll be charged additional fees.
Don’t worry – our suppliers are a friendly, helpful bunch, and will be able to help you through the entirety of the customs process.
11. Move to a cheap country
Say that out loud, but with your tongue in your cheek.
Moving to a country with low living costs is easier said than done, as you might not have much freedom to choose where you’re going. Perhaps you’re relocating for a job, or you’ve already got your heart set on somewhere very specific.
However, if you haven’t worked out where you’re going yet and you’re still at the ‘stick a pin in a map while blindfolded’ stage, move the blindfold down slightly and stick a pin in one of the world’s more affordable countries.
At MoveHub, we recently took every country’s cost of living data and turned it into a big colourful map. Feel free to check it out and use the info to help you with your decision making.
If it’s simply hot weather you’re after, sunshine and humidity comes much cheaper in Southeast Asia than it does in Australia. Fuel, food, and beer are cheaper, too.
However, you’ve also got to think about more serious things like healthcare and education. Higher day-to-day living costs might end up being worth your while if the country also provides state-sponsored healthcare and free public schooling. International schools are a great option in non-English speaking countries, but they can be rather expensive.
If you already know where and when you’re moving abroad, you’ve got things to be getting on with.
Firstly, you should make a list, and prioritise the most important stuff. Some things are fairly quick (e.g. buying flights), while other things can take a bit longer, such as telling your dog that he can’t come with you.
As long as you’re prepared, you can make sure every aspect of your international move is as cheap as possible. No pressure.
To start collecting shipping quotes for your move, simply fill in this form and our suppliers will be in touch. Good luck!