Moving overseas for your dream job is an exciting and rewarding prospect. There are personal, financial and career-related advantages to be enjoyed. Let’s briefly look at these in turn…

Personal growth

The sheer thrill of living on a new Island full of culture, new activities and scenic beauty is enough alone to make many want to relocate.

Embracing a new country and different way of life can be intriguing and extremely gratifying for professionals seeking an improved lifestyle. We can’t promise that every day will be spent sailing the open waters of the Caribbean with a cold drink in hand – but you do stand a much better chance of being able to enjoy such activities regularly if you actually live and work there 😉

An important benefit is self-development. Moving abroad for a contract increases your confidence, enhances your cultural awareness, improves your communication skills and strengthens you both as a person and as a business professional. Nobody regrets a posting overseas!

Financial benefits

The financial aspect is also key. Particularly in a low tax or tax-free environment, the chance to accumulate capital savings, for a future house deposit for example, often plays a significant part in the decision-making process.

What’s not to like about earning and saving more?

Improve your future career prospects

Working abroad also adds to motivation.When you continuously meet and work with new people from different walks of life, you get self-motivated. And motivating yourself will gives your career an edge over others’.

And by staying away from home, you can’t help but become more responsible and develop the capability to handle pressure on your own. You broaden your areas of professional expertise and learn how to manage goals. You improve yourself.

Gain a competitive edge over others

In parallel to this, the competitive nature of job market has made employers more selective. Companies will always prefer to hire candidates who possess a wide range of skills and work experience. Experience abroad attracts employers because it showcases your capability to adapt to diverse workplaces and perform well under pressure.

Spending time abroad also brings you the benefit of establishing business contacts. By being constantly in touch with new professional contacts (colleagues, clients, friends), you pave the way for superior employment opportunities, ensuring you’re better able to tackle the job market when the time comes.

Don’t let yourself get held back

Additionally, research published in the Harvard Business Review shows that people who have international experience are better problem solvers and display more creativity.

Better still, it seems that they get promoted faster too – particularly in the field of finance.

This is because a period invested working abroad often gives you exposure to higher level, more complex issues sooner in your career. People who don’t have that sort of experience will find that their careers are held back.

The final choice is up to you, of course: give it serious thought.

See also: Moving Offshore: A Quick Budget

If you are a lawyer or chartered accountant and interested in working in the Bermuda/Caribbean region, visit our jobs portal to see the latest vacancies. Our site also includes a downloadable All You Need to Know guide which will tell you all you need to know about living and working offshore.