It is not unusual to fall in love with your vacation destination. The generally relaxed feel of a vacation will make you more likely to go crazy over the new spot. However, what if you start to get the inkling that you want to stay in this place on a more permanent basis? Here are four things to consider before you move to your preferred vacation destination.
Should You Move?
Relocating your life is not a decision that should be taken lightly. Before you take the big leap, it is important to weigh all of the pros and cons. Writing out a list will help you to understand if you truly love the vacation destination enough to make it your permanent residence. In addition to financial considerations, you need to discern what the move will add to your overall quality of life.
Thorough research is especially important if you plan on moving overseas. In addition to finding a permanent place to live, you are going to need to familiarize yourself with the local laws and customs. Be sure to look at issues such as immigration requirements, visas, and the ins and outs of buying a home internationally.
Transplanting your life to another location is not as easy as you may think. For example, since the banking system is different in other countries, loans and most brokers operate differently as well. There are benefits associated with these changes as well. For example, you also need to take into account the large differences in cost of living. For example, when looking at Panama real estate, you will soon realize that your money will likely go further than in most other places.
Keeping It in Your Heart From Afar
If you make the decision that a permanent move is not in the cards, there are still ways that you can keep the destination in your heart. Filling your home with collectibles and souvenirs from the vacation spot will help to remind you of this treasured spot. You can also plan to visit again in the near future. Planning your next trip will always keep the destination at the top of your mind. You may even want to consider purchasing a second home there so that you can travel more often without having to pay for lodging.
Moving to a new place is a great way to stoke your creativity and encourage your sense of wanderlust. If it’s in your cards, you should take the leap and enjoy living in a place you love. With the right research and preparation, you will be ready for this big life change.
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5 Ways to Master a Move
While real estate agents report that far fewer people than normal have been moving during the COVID-19 pandemic, that may soon change. A recent Harris Poll found that nearly a third of U.S. adults living in urban areas are considering a move to less densely populated cities in the wake of the pandemic. Others may not be fleeing the pandemic but simply want or need to move, either for a job change or other reason.
If you find yourself preparing to move during these uncertain times, here are some tips to help it go more smoothly.
1. Make a checklist: Set a timeline for completing such tasks as packing, cleaning, and registering the kids for school. Staying ahead of the process can help avoid last-minute headaches and make your to-do list seem more manageable. There are even free apps available to help.
2. Organize and purge: Moving is the perfect opportunity to decide what you really want and need in your new home. To lessen the load on moving day, hold a garage sale – following proper social distancing guidelines – or donate unwanted items to charity. You can make the unpacking process simpler by arranging similar items together and labeling each box accordingly, such as kitchen utensils with cups or clothing of a particular season. You can even label a box as “open me first” for items you’ll need immediately.
3. Notify those who need to know: Let your insurance agent know that you’re moving as soon as possible to be sure you’re covered. You’ll also want to discuss how your needs will change. For example, if this is your first time buying a house, you’ll need a homeowner’s policy versus renters insurance. On the other hand, if you’re downsizing from a house to an apartment, you’ll still want to ensure your belongings are covered, which you can do with renters insurance. Be sure to also call your utility providers to cancel or transfer service and fill out a change of address form with the United States Post Office. You’ll also want to update your address with your bank and credit card companies.
4. Consider what’s covered: You may want to consider moving insurance. Some companies, like Erie Insurance, will cover you during the move and say it’s usually not necessary to purchase an additional policy. Keep in mind there are limits for certain kinds of misplaced, lost or stolen personal property. Your insurance agent can walk through that with you.
5. DIY or hire a pro. While during “normal” times you might recruit family and friends to help you with the move, given ongoing social distancing guidelines, now may not be the right time to ask. If it’s a small move, you may be able to handle it on your own or with the help of just a few immediate family members. Otherwise, consider hiring moving professionals who know the proper safety protocols and will be better equipped to protect your possessions and make sure they’re transported safely.
While moving can seem overwhelming, a bit of prep and planning goes a long way. By mastering your move, you’ll be sitting down and relaxing in your new home in no time. (StatePoint)
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