Whale Large Capital
  • Politics
  • World News
  • Business
  • Investing
  • Politics
  • World News
  • Business
  • Investing

Whale Large Capital

Business

Americans who moved abroad say this big expense isn’t worth it

by August 7, 2024
August 7, 2024
Americans who moved abroad say this big expense isn’t worth it

Alex Ingrim knows a lot about how to move to a new country.

He was studying in San Diego when a study abroad trip to France led him to meet his now-wife, Louisa; in the 17 years since, the pair have grown their family and lived in Canada, France, the UK, Malta and now Italy.

Ingrim, 36, is a financial advisor with Chase Buchanan USA based in Florence, which has roughly 70 clients, where he advises fellow Americans about taxes and other financial planning involved with moving to Europe.

In his years helping Americans move overseas, he says one major expense ends up not be worth it: paying to ship your belongings to your new home.

“You can’t just pick up everything from your old house and put it into your new house in Europe,” Ingrim tells CNBC Make It. “It’s not going to fit the same way or look and feel the same way.”

A lot of times, larger furniture pieces simply don’t fit in oftentimes smaller European spaces, he says. Plus, “The plugs on the appliances are a lot different. Certain things about TVs might be at a different standard. People underestimate a lot of those aspects. So that’s been one piece of feedback we’ve gotten from people, they didn’t think [shipping their belongings] was that worthwhile.”

Instead, Ingrim says people have a better time of selling most of their belongings in the U.S. and moving to their new home country with a few suitcases.

The good news is that people are often “pleasantly surprised” at “how much cheaper a lot of the furniture is in Europe,” Ingrim says. That goes for appliances, too: “A new kitchen in Europe is a lot cheaper than it is in the U.S.”

Overall, Ingrim says his No. 1 piece of advice for people moving to a new country is to be realistic with their expectations and generally throw any ideas of space, efficiency and speed out the window.

“The one piece of advice I always give people is that your move is set up to fail when your expectations don’t match reality,” Ingrim says. “You need to go in with relatively loose and low expectations around what what your lifestyle in that country is going to look like. Expect life in Spain to be slow, because it’s going to be. Don’t expect it to be efficient.”

“Don’t expect a 2,000-square-foot apartment, it’s not going to happen most of the time,” he adds.

Of course, where there may be logistical challenges in making the move, there are plenty of cultural benefits to look forward to. “Expect the food to be good. Expect the people to be pretty friendly and nice, as long as you treat them with respect,” Ingrim says. On that note, defer to local customs and consider how showing respect may look different in your new home country.

“As long as you set your expectations accordingly, then you can take it slow and adjust at your own pace,” Ingrim says. “If you expect your American life to be transplanted to Paris, that’s going to be really, really hard to adjust to.”

This post appeared first on NBC NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
State Dept calls for Israel to investigate allegations of ‘horrific’ sexual abuse of Palestinian detainees
next post
Ford turns ‘dirty’ business into a profit driver. GM and Stellantis are taking notice.

You may also like

Kraft Heinz to split into two companies

September 2, 2025

Ontario cancels internet deal with Musk’s Starlink as...

July 31, 2025

Bitcoin is just another tech stock, not a...

March 25, 2025

In a reversal, Disney’s media assets are starting...

August 8, 2024

AMC is poised to ride the box office...

November 19, 2024

Dental supply stock surges on RFK’s anti-fluoride stance,...

November 19, 2024

Kroger chairman and CEO resigns following investigation into...

March 3, 2025

Costco cracks down on sharing membership cards

August 9, 2024

Fortnite applies to launch on Apple’s App Store...

May 11, 2025

U.S. charges former Wamco executive Kenneth Leech with...

November 26, 2024

    Subscribe today to receive exclusive access to all our retirement secrets and income strategies, including special financial news and updates from our experts. From time to time, our newsletters feature valuable insights and analysis on the latest financial trends. Don't miss out on these exclusive updates – join our subscription to stay informed!


    By opting in you agree to receive emails from us. Your information is secure and your privacy is protected.



    Latest

    • From Biden’s ‘war’ on gas prices to ‘small price to pay’: GOP shifts tone as Iran conflict hits pumps

      March 13, 2026
    • US diplomatic facility in Iraq struck by drone

      March 13, 2026
    • From Biden’s ‘war’ on gas prices to ‘small price to pay,’ GOP shifts tone as Iran conflict hits pumps

      March 13, 2026
    • 171 million travelers face airport delays as Democrats’ DHS shutdown hits TSA staffing, Scalise warns

      March 13, 2026
    • FDA launches new AI-powered system to track drug and vaccine side effects nationwide

      March 13, 2026
    • Cornyn reverses on filibuster stance to push Trump’s SAVE Act in Senate

      March 13, 2026

    Categories

    • Business (855)
    • Investing (661)
    • Politics (7,925)
    • World News (3,213)

    Disclaimer: WhaleLargeCapital.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2026 whalelargecapital.com | All Rights Reserved