The Price of Noncompliance – When it comes to relocating employees across international borders, not having the right paperwork can turn an exciting opportunity into a nightmare for not only
5 Ways to Avoid an International Faux Pas – Whether it’s writing in red ink in Korea or stabbing food with a chopstick in Japan, violations of cultural norms and
Relocating one’s self – and in some cases one’s family – to a new, unfamiliar location can be a stressful, frightening experience, regardless the financial opportunity. A recent Worldwide ERC
On October 6th, the European Court of Justice declared the US – EU Safe Harbor Framework invalid on several grounds which may create complications with cross Atlantic transfers of personal information.
The recent devaluation of Chinese yuan could prompt China’s real estate investors to look towards the global real estate market to protect their investments. Capital is expected to move far from developing markets to be safe from increasing currency risks.
The real estate market in one of the most powerful economies in Europe is undergoing a major shift. History has shown Germans would much rather rent their homes than buy them, which may explain the country’s 43 percent home-ownership rate in 2013.
An increasing number of assignees are extending their stays abroad, which may require employers to consider more permanent relocation benefits.
The global economy is a more diverse marketplace than ever before. Workers on one end of the world can connect with employees thousands of miles away in real time thanks in part to the latest technological advances. As a result, international operations are growing, and global mobility is now an integral part of expanding business processes.
Thanks in part to recent developments in workplace technology, productivity and professional development are no longer limited by geographic boundaries.
When it comes to the corporate relocation process, finding the right fit for employee mobility can be difficult. Different areas of the world are better positioned for personal and professional growth depending on the vertical, but developing in an emerging market is much easier said than done. A multilayer economic hotspot may be the ideal location to relocate talent for new or existing business ventures, but it takes time and a depth of knowledge to successfully adapt and find personal success in a new market.
A recent Forbes analysis of international GDPs found 70 percent of world growth in the next several years will come from emerging markets. Although China and India comprise about 40 percent of that maturation, there are still other viable options for businesses aiming to relocate talent.
