{"id":14019,"date":"2022-02-17T14:12:11","date_gmt":"2022-02-17T14:12:11","guid":{"rendered":"https:\/\/beststartup.co.uk\/?p=14019"},"modified":"2022-02-18T10:49:44","modified_gmt":"2022-02-18T10:49:44","slug":"4-things-to-remember-when-moving-a-business-abroad","status":"publish","type":"post","link":"https:\/\/beststartup.co.uk\/4-things-to-remember-when-moving-a-business-abroad\/","title":{"rendered":"4 Things to Remember When Moving a Business Abroad"},"content":{"rendered":"\n<p>The draw of sunnier climates can be enough incentive on its own, but there are many reasons why Brits choose to up and relocate to other countries, from family commitments to wanting a fresh start.<\/p>\n\n\n\n<p>However, if you\u2019re a business owner, it can be a little more challenging to set your company up overseas \u2013 in fact, depending on where you\u2019re choosing to move, this could involve shutting down your existing company and starting again from scratch. At least this time you\u2019ll have a wealth of knowledge and a client base to build from.<\/p>\n\n\n\n<p>If you\u2019re thinking of moving your company overseas, then here are four things that you should keep in mind.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"1-speaking-the-language\">1. <strong>Speaking the Language <\/strong><\/h2>\n\n\n\n<p>Depending on where you choose to set down new roots, you might find yourself a victim of the language barrier \u2013 though of course, if you\u2019re lucky enough to speak multiple languages, you\u2019ll probably thrive from day one.<\/p>\n\n\n\n<p>However, for many of us out there, we\u2019re only fluent in our native language, and really struggle when it comes to language learning.<\/p>\n\n\n\n<p>Luckily, there are plenty of tools out there that can give you a little helping hand. Services such as <a href=\"https:\/\/www.rosettastone.co.uk\/\" target=\"_blank\" rel=\"noreferrer noopener\">Rosetta Stone<\/a> allow you to immerse yourself in your chosen language, with either self-study or coaching, depending on the package that you choose.<\/p>\n\n\n\n<p>This way, you\u2019ll be able to get a head start on settling into your new life.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"2-expert-advice-on-regulations\">2. <strong>Expert Advice on Regulations<\/strong><\/h2>\n\n\n\n<p>Chances are that the rules and regulations for operating a business abroad might be a little different from the ones that you\u2019re used to.<\/p>\n\n\n\n<p>You can do your own research into these, and of course, you should. However, it\u2019s also a good idea for you to seek legal advice from professionals who know what they\u2019re talking about.<\/p>\n\n\n\n<p>Tax laws are a big thing to keep in mind, these are often different country to country, and violating them, even accidently, can get you in a lot of trouble.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"3-living-and-working-arrangements\">3. <strong>Living and Working Arrangements<\/strong><\/h2>\n\n\n\n<p>Finding a premises and somewhere to live is also something you need to think about before you move. If you don\u2019t have a strong knowledge of the area, then this can be tricky. It\u2019s a good idea to pay a few trips to your chosen destination and spend time in the area getting to know the transportation system and figuring out the towns and cities.<\/p>\n\n\n\n<p>Once you have a better idea of where you should set up, you\u2019ll need to find yourself an estate agent to help you settle into your new life. In fact, there are even estate agents such as Property Lisbon who can <a href=\"https:\/\/www.propertylisbon.com\/golden-visa-portugal\/\" target=\"_blank\" rel=\"noopener\">help you access Portugal\u2019s Golden Visa<\/a> scheme. This programme grants you a visa to live and work in Portugal through property investment.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"4-think-about-your-team\">4. <strong>Think About Your Team <\/strong><\/h2>\n\n\n\n<p>Finally, you should consider the needs of your team \u2013 not everyone who works for you will necessarily be able to uproot their lives.<\/p>\n\n\n\n<p>Luckily, they don\u2019t have to! Remote working is increasingly popular with <a href=\"https:\/\/findstack.com\/remote-work-statistics\/\" target=\"_blank\" rel=\"noreferrer noopener\">16% of the world\u2019s companies<\/a> now fully remote.<\/p>\n\n\n\n<p>Tell us how you set up abroad!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The draw of sunnier climates can be enough incentive on its own, but there are many reasons why Brits choose to up and relocate to other countries, from family commitments to wanting a fresh start. However, if you\u2019re a business owner, it can be a little more challenging to set your company up overseas \u2013 in fact, depending on where you\u2019re choosing to move, this could involve shutting down your existing company and starting again from scratch. At least this time you\u2019ll have a wealth of knowledge and a client base to build from. If you\u2019re thinking of moving your<\/p>\n","protected":false},"author":12,"featured_media":14022,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[150,143],"tags":[472,473,218],"class_list":["post-14019","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-culture","category-england","tag-internationalbusiness","tag-location","tag-tips"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/beststartup.co.uk\/wp-content\/uploads\/2022\/02\/paulo-evangelista-2N0PVuB0byQ-unsplash.jpg?fit=1920%2C1281&ssl=1","wps_subtitle":"","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/beststartup.co.uk\/wp-json\/wp\/v2\/posts\/14019","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/beststartup.co.uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/beststartup.co.uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/beststartup.co.uk\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/beststartup.co.uk\/wp-json\/wp\/v2\/comments?post=14019"}],"version-history":[{"count":2,"href":"https:\/\/beststartup.co.uk\/wp-json\/wp\/v2\/posts\/14019\/revisions"}],"predecessor-version":[{"id":14038,"href":"https:\/\/beststartup.co.uk\/wp-json\/wp\/v2\/posts\/14019\/revisions\/14038"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/beststartup.co.uk\/wp-json\/wp\/v2\/media\/14022"}],"wp:attachment":[{"href":"https:\/\/beststartup.co.uk\/wp-json\/wp\/v2\/media?parent=14019"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/beststartup.co.uk\/wp-json\/wp\/v2\/categories?post=14019"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/beststartup.co.uk\/wp-json\/wp\/v2\/tags?post=14019"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}