Categories
Global Relocation Trends Relocation Technology Talent Mobility

Talent Mobility Technology for 2023 and Beyond

Learn what the industry leaders are using for international relocation services

Technology trends continue to shape the 2023 workplace and workforce. Companies need to rethink their talent mobility strategies to respond effectively within the new parameters of workplaces. Companies can more easily expand their organizations to meet market demands without restrictions or needs for solely geographically-limited talent.

Opening a division in a new location requires knowledgeable employees to be at the site to ensure processes are followed, and procedures are in place to match corporate requirements. A visual meeting platform like Zoom might work for meeting purposes. Still, it could be logistically challenging for an employee to conduct a factory tour or examine manufacturing processes in detail over a Zoom call.

This is why companies providing international relocation services instantly broaden their hiring pool. If you can hire the best candidate, no matter where they are currently located, you are more likely to get the right person in the right seat. 

But moving employees internationally is a challenging process. There are lots of moving parts that have to be kept in mind. With that said, companies that offer international relocation programs should utilize up-to-date technology to keep all of these moving parts in one central database. With increases in global assignments, companies should examine the following three trends that impact talent mobility:

Cloud-Based Systems

The estimated increase in talent mobility highlights the need for companies to surround employees with the proper technological infrastructure to maintain productivity. Cloud-based systems may increase talent agility and flexibility since employees can access corporate information quickly with an established Wi-Fi connection. Relocation technology for transferees should reflect the most modern technology trends in providing service and solutions anytime, anywhere.

Having a cloud-based system allows all involved with the relocation process to have clear insight into how the move is going. Everyone means the employee, the employer providing the talent mobility benefits, and the company that is providing the international relocation services.

Relocation Technology Trends Attract Top Talent

Global assignments require a set of leadership competencies, including cultural awareness, open-mindedness, and flexibility. There is strong interest among employees of all levels for international assignments as technology trends provide more extraordinary learning experiences. Companies should examine their employee relocation needs with pre-decision services to ensure candidates will likely succeed.

Communication and Collaboration

Video conferencing is common in business as teams expand globally and the need for visual and verbal communication increases to replace the limitations of emails and texts. Employees drive the demand for easy solutions, so businesses must respond with practical tools and training to ensure security is not compromised as communication flourishes. Communication trends will improve with robotic process automation, which speeds up business processes, so employees have the information they need much faster than through manual processing.

GMS Provides the Best Relocation Technology

Global Mobility Solutions (GMS) created MyRelocation to make the relocation process seamless. Our cloud-based system acts as central insight for each employee’s relocation. 

From bookkeeping on receipts and payout orders to pointing out key dates, such as when movers are supposed to arrive, MyRelocation keeps all involved in the know. 

GMS believes that its award-winning MyRelocation technology and our expert team make us the US’s best international relocation service provider. We would love for you to set up a free consultation with us so that one of our relocation experts can walk you through why GMS is the best in the industry.

Our cloud-based relocation technology is designed to help you streamline your company’s relocation management.

Categories
Global Relocation Global Relocation Tips Global Relocation Trends Relocation Best Practices Relocation Programs

What Are The Benefits of Outsourcing Global Relocation Programs?

learn why your company should work with a relocation management company for talent mobility

What are the benefits of outsourcing global relocation programs? For companies that have steady moving needs, there are many benefits to outsourcing this strategic function. Most learn they need to gain the knowledge and experience to manage talent mobility with in-house resources effectively. Outsourcing this critical activity provides them access to the industry’s best practices and thought leadership that will help their company’s international relocation program achieve success with virtually all relocation assignments.

There are five distinct benefits clients can gain from outsourcing their global relocation services with a trusted relocation management company (RMC):

Cost Management

For most clients, managing relocation costs is one of the most important reasons driving their choice to outsource relocation. 71% of companies working on relocation in-house need to be made aware of their total internal operating expenses. A lack of knowledge of the actual costs of relocation prevents the company from understanding how to utilize resources efficiently. They also cannot gain the most benefit from their global relocation program. A solution that provides full expense tracking and reporting is one of the top features clients seek as they consider outsourcing their global relocation program so that costs can be fully identified and reviewed for budgetary impact and program performance.

Savings With Outsourcing Global Relocation Programs

Outsourcing global relocation services should allow clients to obtain more significant cost savings. Some RMCs are not independent. As a result, they often do not seek multiple bids for household goods shipments and other services. An independent RMC provides clients with several opportunities to receive and review bids on services, and this helps keep costs lower than other RMCs that don’t seek competitive bids.

Compliance

Transferees and their families often have questions about tax issues, visa applications, and other reporting requirements related to their global relocation assignment. To avoid putting the client’s company at risk for providing incorrect or insufficient guidance and advice, outsourcing global mobility management can provide expert guidance on unique relocation needs to help transferees find the right solution and help clients avoid any risks related to transferee requests.

Program Enhancements Through Outsourcing Global Relocation Programs

In-house programs only sometimes provide enhancements such as pre-decision tools, candidate assessments, auto lease programs, home purchase programs, and other value-added services. Choosing to outsource relocation services provides access to these services. Transferees and their families highly value these relocation program enhancements. Additional valued services include community tours, language training, outplacement services, school reports, and moving cost estimates.

Focus on Their Core Competencies

Working with an RMC lets human resources, compensation, benefits, and recruiting professionals focus on their core competencies. As a result, they can provide the best service in these business areas. In turn, experts at an RMC give the client’s international relocation program the best service. Choosing an RMC with the knowledge and experience to manage their entire program provides peace of mind and assurance that costs will be managed effectively, relocations will be successful, and transferees and their families will be satisfied with their experiences.

Work with the Best Global Relocation Service Provider

Global Mobility Solutions (GMS) has been helping customers get their employees from point A to point B since 1987. Our wide range of services and expert relocation specialists give your company the opportunity to get the package they need. GMS will assist your company put together a global relocation plan that makes sense for your company and employees, all while staying within a realistic budget. If you are ready to discuss more about our offerings, please set up a free consultation with one of our business development managers, by filling out this form. We look forward to working with you!

We're Here to Help! Request a Courtesy Consultation

Are you ready to talk to a Mobility Pro? Learn how GMS can optimize your mobility program, enhance your policies to meet today’s unique challenges, receive an in-depth industry benchmark, or simply ask us a question. Your Mobility Pro will be in touch within 1 business day for a no-pressure, courtesy consultation.

Categories
Global Relocation Global Relocation Challenges Global Relocation Tips Global Relocation Trends

Want to Work Abroad? Here’s How to Get Recruited Internationally

Here are some ways you can set your career up for international relocation

The work-from-home age is upon us. Countless companies have now shifted their entire workforce to working remotely. During the Covid-19 pandemic, companies found that employees were more productive and happier working from home. This is why a new normal among job seekers to ask for full-time remote work settings. 

With the ability to work from anywhere, many Americans are looking for jobs that could allow them to relocate internationally. Studies show that companies are fine with employees living anywhere as long as their work is done correctly and on time. So, many employees are using their remote work options to live in a country they have always wanted to live in. 

Zoom Towns is the term used where a town or city is seeing an increase in population from digital nomads. Digital nomads are remote employees who live in a particular area but work in towns, states, or even countries away. International relocation is not easy, though. One does not simply pack their bag and leave for a new country on a whim. There are lots of factors to consider. Where to live, internet connection, visa and immigration concerns, and more. 

But for those who have their heart set on taking an international relocation assignment, here are some things to think about when putting the wheels in motion to do so:

Research Your Company’s International Roles

Before considering a remote position, your company may need to send you overseas. Many companies offer international relocation assignments to employees on a short-term or permanent basis. Often, short-term global mobility positions are an excellent way for an employee to experience living abroad without having to move to that country permanently. 

The significant advantage of accepting a global role with your current company is that you will have access to your company’s international relocation management company. Meaning there will be a company to assist your move and help you with finding a place to live, visa paperwork, etc. 

Letting your manager or human resources representative know that you are interested in international positions is the best way to start when going this route.

Find a Job with International Offices

Suppose your current employer does not have or offer international relocation services. In that case, throwing your resume around to companies that need employees aboard could be a good idea. It is not uncommon for a company to have difficulty getting employees to move to another country. You could become a valued team member if you apply for a position requiring global mobility assignments. 

Employees with children or other family members they are responsible for don’t have the luxury of relocating whenever their company needs to send an employee to Europe or Asia. But employees hired for those types of assignments can get their travel bug fixed that way. 

It is worth noting that employees who speak multiple languages usually have the upper hand in getting chosen for international relocation jobs. Seeking some basic language training would also be helpful if this is the route you’re going to move abroad for a job.

Work Abroad Remotely

Already stated earlier, this is the most common route the American workforce is taking to get to move to a new country. With so many Zoom Towns becoming more popular, especially in European countries, companies are fine with moving there to live while continuing their work here in the US. 

But companies being okay with their employees living wherever they please usually means they do not provide international relocation assistance to their employees. This means the employee is on their own regarding moving costs. On top of that, the immigration paperwork alone can be daunting for an employee looking to move internationally.

GMS Can Offer Employees Alternatives

Global Mobility Solutions (GMS) is the relocation industry leader. Over the last 30 years, we’ve helped employees get from point A to point B. In that time, we have been creative and initiative with our international relocation policies. The work-from-home age is no different. We have created a great program that companies and employees can utilize when employers do not offer relocation benefits. 

Our new Employee Choice Program allows companies to work with us in assisting employees move to a new state or country for their current position to work remotely. This program’s beautiful and simple explanation is that the company does not have to pay a penny in relocation costs for their employee, and the employee gets to work with global mobility experts from our network. 

That’s right; employees get to work with visa and immigration specialists and move companies from our network at better prices than if they were to get quotes on their own. The Employee Choice Program was designed specifically with remote workers in mind. 

To learn more about our international relocation options, please schedule a free consultation with one of our global mobility experts today!

We're Here to Help! Request a Courtesy Consultation

Are you ready to talk to a Mobility Pro? Learn how GMS can optimize your mobility program, enhance your policies to meet today’s unique challenges, receive an in-depth industry benchmark, or simply ask us a question. Your Mobility Pro will be in touch within 1 business day for a no-pressure, courtesy consultation.

Categories
Global Mobility Global Relocation Global Relocation Tips

International Relocation Assignment: Hassle or Major Career Benefit?

Is Accepting a relocation assignment from your job suitable for your career or more trouble than it's worth?

Working in an organization with multiple locations throughout the country or internationally can be a great way to get a well-rounded career. But often, these companies with offices in various parts of the world will ask their rising star employees to relocate for a new position or to help propel a different branch. These international relocation assignments might be permanent or can be short-term. 


The question becomes whether relocating for a job is worth it or just a major hassle. In most cases, the short answer is that it is worth accepting the relocation assignment for numerous reasons. It can open the door to different positions within the company and give you experience that can look great on any resume. But like anything else, there are some challenges when relocating for a job.

What to Consider Before Accepting a Relocation Assignment

When your job gives you an offer letter for a new position that requires relocating, it is always a good idea to ask about pay, job title, job duties, etc. But it is also worth asking upfront what kind of relocation package the company will provide for you if any. If the company does not offer relocation benefits or reimbursement, moving for a new position might be challenging and not worth it.

 

Companies that provide comprehensive relocation packages do so to make accepting the assignment a no-brainer decision. Most relocation assistance programs include help with the following:

Shipment of Household Goods

Packing and transporting your belongings to your new destination is a massive part of the moving process. If the company is willing to provide a moving company to assist with this, it will make the relocation process much easier for you. It should be noted, though, that it is common for companies to reimburse for moving costs. While this isn’t the end of the world, and might not be a deal breaker, what this does mean is you will be on your own for packing and shipping your household goods. Then the company will pay you back for all, or most, of the expenses of hiring the moving company.

Corporate Housing

Also known as short-term housing options, this benefit is much more important for a short-term relocation assignment but can also come into play for a permanent position move. Corporate housing is a place to live while you’re on assignment for 14-90 days. It is more important for short-term work assignments because no one wants to buy a home or pay to rent an apartment for as long as needed. If the company has a corporate housing setup, it will usually be an apartment or condo to live in while you work at the new destination. 

 

As mentioned, corporate housing options can also come into play for permanent relocation assignments. Often, the transferee can utilize corporate housing for a short period while they decide where to buy a home in their new destination.

Family Support and Cultural Training

If you are looking into taking a permanent position in a new destination, ask your company how they can help with family support or cultural training. This is especially vital if you are taking on a global assignment. Ask if there are programs such as career services for spouses or special school programs for children. And of course, if it is an international relocation, ask about language training.

GMS Believes Accepting a Relocation Assignment Is a Great Career Move

Global Mobility Solutions (GMS) has been helping companies relocate their employees for over 30 years, so we have seen firsthand how fast an employee’s career can grow when accepting a relocation assignment. But the employee will only succeed if supported with the right relocation benefits. On average, we have consistently urged companies to review and update their relocation packages every 12 to 16 months. 

 

When reviewing your employee relocation benefits, set up a free consultation with one of our relocation experts. We are one of the best international moving companies in the world. Our team will listen to your wants and needs, then help you create relocation benefits that will ensure a smooth relocation process for your employees, hoping they will succeed for your company.  

We're Here to Help! Request a Courtesy Consultation

Are you ready to talk to a Mobility Pro? Learn how GMS can optimize your mobility program, enhance your policies to meet today’s unique challenges, receive an in-depth industry benchmark, or simply ask us a question. Your Mobility Pro will be in touch within 1 business day for a no-pressure, courtesy consultation.

Categories
Buy a Home Global Relocation Global Relocation Trends

New U.S. Legislation Prohibits non-Canadians from Real Estate Purchases

Prohibition on the Purchase of Residential Property by Non-Canadians

New legislation was passed known as the Prohibition on the Purchase of Residential Property by Non-Canadians. Relocation experts are predicting that this will have a significant effect on BVO transactions for Canadians who are relocating to the U.S. The main reason is that now there will be a limit on home purchases for Canadian-bound foreign nationals within the U.S. 

This is part of the Budget Implementation Act of 2022, passed into law on August 31, 2021. But the effective date won’t kick in until January 1, 2023, and will be in full effect for two years. The legislation forbids non-Canadian individuals or Canadian-owned corporations from purchasing residential properties anywhere within the U.S. This could impact companies’ relocation assignments

Who Does the Legislation Applies to:

This new legislation applies to any individual who is neither a Canadian citizen nor a permanent resident, along with corporations not incorporated under Canadian federal or provincial laws. Also, a Canadian corporation not listed on the stock exchange in Canada that is controlled by persons who are non-Canadian nor nonresident, persons or entities prescribed by legislation.

The fact that “control” must be managed by individuals who are not subject to the Act (i.e. resident Canadian citizens) may be necessary for U.S.-based RMCs. They maintain a Canadian subsidiary to avoid classification as a non-resident seller of real estate.

Exemptions to the Act May Include

  • Purchase agreements entered into or assumed by January 1, 2023, even if the purchase closes after this date;
  • Certain non-Canadians:
  • Temporary residents such as students and foreign workers with federally issued work permits;
  • Persons afforded federal refugee protection;
  • A non-Canadian who purchases the home provided their spouse or common-law partner is a Canadian citizen, a permanent resident, a temporary resident, or a Protected Person as prescribed by law.

What this Means for Relocation Transferees

The legislation does not prevent foreign nationals from relocating to Canada but would prevent them from purchasing property there unless the transferee or their spouse/domestic partner has Canadian citizenship.

Worldwide ERC supports the Canadian Employee Relocation Council (CERC) in its efforts to communicate with the Canadian government and obtain exemptions from the Act for domestic and cross-border relocations. CERC has submitted recommendations for allowing non-residents with valid work permits to purchase the property and is asking for the exemption to be granted.

Craig Anderson, the Vice President of AECC, is the Chair of WERC’s Global Tax Forum and monitors this legislation closely. According to CERC’s Global Workforce Symposium in Las Vegas, the following information will show their efforts’ status.   

Every Saturday, the Canadian Gazette publishes regulations affecting this legislation. Our team monitors these weekly regulations for matters affecting our clients’ relocations within Canada or across the border. We will provide additional updates as needed.

GMS Can Offer Alternatives

Global Mobility Solutions (GMS) has been the leader in the relocation industry for over 30 years. We take pride in working with companies and their employees to ensure they can be comfortable and happy with their real estate purchases when moving for a job. Our team works with companies to set up home-buying and selling assistance programs that can make the relocation process smoother. 

It is our goal to ensure the most seamless relocation process possible. If you have any questions about real estate laws, rules, or regulations, don’t hesitate to get in touch with one of our relocation real estate specialists. Or, if you need information about home buying and selling assistance programs for your employee relocation packages, contact us today to set up a free consultation

We're Here to Help! Request a Courtesy Visa Program Consultation

Properly managing a visa and immigration program involves meticulous coordination, precise communication, and worldwide interaction with government agencies, corporate personnel, and relocating employees.

At GMS, we provide you with peace of mind in knowing your mobility program is fully compliant and being managed by the best in the industry.

Request a no-pressure, courtesy consultation from a GMS Mobility Pro. We’ll be in touch within 1 business day.

Categories
Global Relocation Global Relocation Tips Global Relocation Trends

What are the Top Calgary Industries Leading the City’s 2023 Economic Development?

Updated for 2023

What are the top Calgary industries leading the city’s 2023 economic development? For the last few years, much of the local economic news has been filled with the effects of the COVID-19 pandemic. The Conference Board of Canada reported that the province of Alberta took a massive hit during the pandemic, with the most damaging effects due to the pandemic and declining global oil prices. Calgary is the largest city in Alberta, the city and the surrounding region will experience these adverse effects.

However, the population of the Calgary Metropolitan Region exceeds 1.2 million residents. As a result, both the city and the region are positioned well for significant future growth. Before the pandemic, this year was projected to be Alberta’s first year of full economic recovery.

Top Calgary Industries

According to Calgary Economic Development, 8 Key Sectors drive Calgary and Alberta’s economy. Each sector, in turn, helps Calgary industries to grow with investments and jobs.

1. Aerospace & Logistics

Calgary is home to one of Canada’s busiest airports. Also, one of the nation’s major airlines is in the city. Several Calgary companies are focused on commercializing aerospace technologies such as drones. Aerium Analytics provides Unmanned Aerial Vehicle (UAV) flight and analytics to address issues such as airport wildlife management, building inspections, and forestry management.

2. Agribusiness

Agribusiness is one of the top Calgary industries. This sector is poised to be the fastest-growing adopter of several transformative digital technologies. Spending on these technologies is expected to increase by 23% from 2019-2022. Decisive Farming focuses on precision agronomy, farm management, and crop marketing with services and technologies.

3. Creative Top Calgary Industries

The Calgary Film Centre is located just 25 minutes from the city’s airport. The Centre includes:

4. Energy

The energy sector represents a significant portion of the top Calgary industries. Clean technologies include those that derive from solar, wind, bioenergy, and geothermal sources. Calgary industries focusing on energy are the most well-known in the city. Alberta is Canada’s largest producer of natural gas and oil. Over 70% of the province’s CleanTech company headquarters are in Calgary.

5. Financial Services

What is FinTech? This term describes the use of new technology to improve and further automate both the delivery and use of financial services. It may also include concepts such as cryptocurrencies like bitcoin. Companies like Bitfury are leading the effort in implementing blockchain technology and artificial intelligence solutions.

6. Interactive Digital Media

Over 60 companies in Calgary produce video games and/or immersive media products. The Calgary Game Developers Association has over 800 members and represents a strong talent pool.

7. Life Sciences Top Calgary Industries

There are over 110 life science companies in Calgary, making for a sizable segment of the top Calgary industries. Oncolytics Biotech Inc. is developing an immuno-oncolytic virus to kill cancer. The Calgary Cancer Centre is scheduled to open in 2023. The centre will increase capacity and add to Calgary’s leading role in cancer services.

8. Technology

Calgary businesses are projected to spend $7.5B on digital transformation (DX) from 2019-2023, representing a 20% compound annual growth rate. What is DX? DX refers to applying new technologies to change work processes and customer experiences and enhance value. It’s not just making current technologies work better in a defined process. It uses new technologies to change the function and gain advantages through innovation and disruption.

What Should Employers in the Top Calgary Industries Do?

Employers in the top Calgary industries should examine their employment needs as economic growth fosters competition for job seekers with requisite skills and training. They should review their relocation program to determine if it benefits their talent acquisition goals and corporate objectives. Employers should work with a Relocation Management Company with the knowledge and expertise to help them design a relocation program promoting talent acquisition.

GMS has recently published several Industry Benchmarking Studies to help employers in the top Calgary industries learn whether their company’s relocation program is designed following industry-specific best practices. There are many benefits to a corporate relocation policy benchmarking. For example, employers can learn how they can ensure their competitiveness in their industry to attract and retain talent with the highest level of skills and experience.

Industry best practice is to schedule a relocation program and policy review every 12 to 18 months to ensure your company maintains its competitive position. This review will also help your company learn how the relocation industry is evolving to meet increased employee demands.

Stay up-to-date with GMs

GMS’ team of global relocation experts has helped thousands of our clients develop hiring and recruiting programs to attract highly skilled job seekers. Our team can help your company determine how to attract job seekers looking for employment opportunities in any of the top Calgary industries.

GMS was the first relocation company to register as a .com. The company also created the first online interactive tools and calculators and revolutionized the entire relocation industry. GMS continues to set the industry pace as the pioneer in innovation and technology solutions with its proprietary MyRelocation® technology platform.

Contact our experts online to discuss your company’s recruiting, hiring, and relocation program needs as they relate to the top Calgary industries, or give us a call at 800.617.1904 or 480.922.0700 today.

We're Here to Help! Request a Courtesy Consultation

Are you ready to talk to a Mobility Pro? Learn how GMS can optimize your mobility program, enhance your policies to meet today’s unique challenges, receive an in-depth industry benchmark, or simply ask us a question. Your Mobility Pro will be in touch within 1 business day for a no-pressure, courtesy consultation.

Categories
Buy a Home Global Relocation Global Relocation Tips Global Relocation Trends Relocation Best Practices

How to Prepare International Transferees for U.S. Home Purchase

Here are some tips for international employees to use when looking to buy a home in the U.S.

Moving to a new country for a new job can be a lot of work. Preparing the family for the move, finding a place to live, ensuring all visa documents are accounted for, etc. There is a lot that goes into international relocation. As many people know, purchasing a home is one of the lengthiest parts of the relocation process. The home-buying process can be extended, and those not used to real estate regulations in the US will find it even more confusing. 

For those relocating to the US for a job on an H1-B visa or even those looking to buy a home to live in a while on a long-term international assignment, the standard process for buying a home in the US differs significantly from most countries in Asia or Europe. 

The first and most crucial step when preparing to move overseas is to review your international relocation package provided by your employer carefully. See what relocation benefits your new company offers, then ask how to utilize each. Many international relocation service providers will help companies create unique benefits for each transferee. And in most cases, relocation benefits include home-buying programs that can help in a significant way, both process-wise and financially. 

With that said, here are a few things to keep in mind when purchasing a home if you are relocating to the U.S. for work: 

Visa & Immigration Documents Needed to Buy a Home in the U.S.

Working with a full-service relocation management provider can help immensely with visa and immigration documentation. They can help you file for the proper visa, in turn, they can also help you with which immigration documents you will need to apply for mortgage approval when buying a home in the U.S. Each mortgage lender will have different requirements when filling out applications, but among the most common documents needs are: 

  • Valid foreign passport
  • U.S. visa and/or a driver’s license
  • Social security number or ITIN
  • Bank statements 
  • Financial documentation from your foreign bank
  • Evidence of reserves
  • Paycheck stubs
  • Tax return for the last two or three years

Can International Transferees Buy a Property without a US Credit Score?

Yes. International buyers are eligible for loans from U.S. mortgage providers even if they do not have a U.S. credit history. In some cases, lenders even offer special programs for immigrants and non-resident buyers with no credit to get a competitive rate still. And some relocation management companies work with lenders to set up specialized programs for H1-B and L-1 visa holders.

Next Steps After Mortgage Approval

Once the international transferee has been approved for a mortgage from a U.S. brokerage, they know their realistic budget. From there, they should work with a real estate agent specializing in relocation home purchases. These relocation preferred real estate agents will know how to handle the transaction regarding closing date, move-in date, days to close, and other aspects that might vary from an international move. 

Once a real estate agent is chosen, the transferee and agent can start working together on finding their dream home in the new destination. It’s worth checking your relocation package to see if your new company includes any house-hunting trips. These trips are usually a few days so that you can view homes with your real estate agent. It also serves as a time to check on international schools if relocating with children. 

Once a budget and area are set, then comes time to start putting offers on houses that are appealing. Your real estate agent will help you arrange a competitive bid on a property, then assist in negotiating with the seller for a final price. Remember that relocation packages will often include home-buying programs that can help with closing costs and commissions.

After the Offer is Accepted

If your offer is accepted and the home inspection goes well, you are ready to start your relocation process. The typical closing window for a home sale in the U.S. is about 30-45 days. Once all your visa and immigration paperwork is filed and accepted, you can work with your relocation service provider to begin scheduling movers to assist with getting your household goods to the new destination. A reputable global mobility provider will provide a relocation coach who can help you every step of the way through the moving process.

Keep Taxes Top of Mind

The home buying process in the U.S. might present a different variety of taxes compared to what you are used to in your country. A few tax regulations to keep in mind when closing on a home include Capital Gains Tax, Withholding Tax, and State Property Tax.

 Be sure to stay in the loop on all taxes due by asking your mortgage lender and real estate agent. If you are assigned a relocation expert to assist you in moving, they should have some insight into what taxes should be paid. They also might know of some tax breaks that can help you from buying a home.

GMS Can Help International Transferees Relocate

Global Mobility Solutions (GMS) specializes in helping corporations worldwide relocate their employees internationally. We help companies create competitive international relocation packages that attract top talent for open positions. From there, we assign a relocation coach to each transferee. 

This gives a single point of contact to each employee relocating. This relocation expert will help the employee handle all aspects of the relocation process, including getting them in touch with a relocation real estate agent. 

GMS only works with the top real estate agents across the U.S., and we ensure that all agents specialize in working with relocating families. Our expert relocation team also specializes in visa and immigration applications.  If you are ready to hear more about how GMS can help you with your global mobility needs, please reach out today to set up a free consultation.

We're Here to Help! Request a Courtesy Visa Program Consultation

Properly managing a visa and immigration program involves meticulous coordination, precise communication, and worldwide interaction with government agencies, corporate personnel, and relocating employees.

At GMS, we provide you with peace of mind in knowing your mobility program is fully compliant and being managed by the best in the industry.

Request a no-pressure, courtesy consultation from a GMS Mobility Pro. We’ll be in touch within 1 business day.

Categories
Career Services Corporate Relocation Domestic Relocation Global Mobility Global Relocation Global Relocation Challenges

Top Coping Tips for Culture Shock During Employee Relocation

Use these tips when adjusting to a new destination for work

Moving to a new city or a country, no matter the reason for your move, is never without a challenge. However, one of the toughest challenges to adjust to is the “culture shock” that comes with moving from one cultural environment to another. In a business environment, culture shock after relocation can negatively impact employee motivation. Due to stress, people who experience culture shock may leave their current roles or withdraw from their coworkers. That’s why we’re listing some of our top coping tips and some of the best methods of preventing culture shock.

Defining The "Culture Shock"

Before we get started on methods for dealing with culture shock after employee relocation, we first have to cover the basics. “Culture shock” is a feeling of anxiousness and alienation when a person is exposed to a foreign environment and culture. It’s one of the most significant relocation challenges people face when moving to a new country. While there are definite signs and stages of culture shock, people often experience it differently.

The most common stages of culture shock are the following:

  1.   The Honeymoon Period – This stage usually lasts for a few weeks or months after a move. It’s when a person finds the new environment interesting and exciting.
  2.   The Frustration Stage – The difficulties of the new environment start to become apparent at this point, and their effects can be felt. The most common symptom is a decline in confidence one feels in themselves.
  3.   The Adjustment Stage – The person slowly grows to adapt to their new surroundings.
  4.   The Acceptance Stage – Finally, the person can enjoy their new life in the new country.

Different people will go through these many stages in their way, or they can get trapped in one stage forever. Culture shock becomes a severe issue when a person is trapped in the frustration phase.

How To Prevent and Cope With the Culture Shock?

Although you can’t completely prevent culture shock after employee relocation, many believe you can cope with it and minimize it by doing some of the following things:

Research and Prepare

Researching thoroughly before entering a new culture might ease the transition process for your employees. To minimize culture shock, a person moving to a new culture should read up on the customs as much as possible. This is important because some cultures have different rules and a sense of humor. Additionally, you or your employee should try to learn a few simple phrases in the country’s official language – nothing too flashy, just a simple greeting and a few most common phrases. The company sometimes includes language learning and culture seminars in its relocation package

Finally, before moving, your employee should read about the city they’ll be moving to and try to memorize their commute, for example.

Organize a Visit

Another thing that can help minimize culture shock after employee relocation is organizing a visit to the destination country ahead of the actual move. If you or your employee are moving overseas for a new job, you shouldn’t just leap into it. The best way is to take it slow so you can know what to expect after you move. It would be best if you used an opportunity to experience the new surroundings and the culture first-hand. This first visit could be anywhere between three days and a month long. If your employee starts showing frustration and culture shock symptoms after a short time, they might not be the right fit.

Have a Support System

One of the best ways of coping with culture shock is to have a support system in place to help with your feelings of isolation and frustration. Similarly, you can help your employees by creating an environment that welcomes and accepts newcomers and creates a community for them. Moreover, you can help them stay in touch or even bring their family members to a new country. In some cases, even moving their pet with them is a great help when dealing with culture shock.

Find a Healthy Outlet

Every person should have a way of dealing with destructive emotions. However, not all those healthy outlets are available all the time. For example, a person who enjoys running as a way to deal with stress can’t do that in the freezing weather in their new country. Or, a person who enjoys long walks might not like it when it’s 100 degrees outside. If you’re moving to a new country, you should find a way to deal with your emotions healthily. Journaling is always a good example. It’s excellent for relieving stress and coping with feelings that may come from culture shock.

Meet New People

Whether it’s meeting and hanging out with coworkers or other local people, forming new connections is an excellent way of coping with the culture shock after employee relocation. At first, it could seem pretty scary, but if you get right in, you’ll meet various people who can help you adjust to the cultural differences. Maybe you’ll even make a friend or partner for life.

If you’re too scared to go out alone, that’s understandable. But know that you must make the first move and leave your apartment to get to know anyone. If you’re unsure about approaching people at a bar or restaurant, you can always join a social club or a sports team as a way to meet people.

Help Cut Down on Stress by Working with the Best

The relocation process can be a trying time for employees and their families. But one of the best ways to fight culture shock is to work with a reliable international relocation management company (RMC) that will assist you every step. 

Global Mobility Solutions (GMS) takes pride in helping employees move. Our award-winning customer service team is happy to coach employees every step of the way as they relocate to their new destinations. Since 1987, our relocation coaches have led the industry in the service provided and technology created, with one goal in mind. That goal is to provide employees with the best relocation experience possible. 

Our experts not only help with moves but can help create relocation packages that suit both your company and employees alike. Schedule a free consultation today to learn more about how GMS can assist with relocation services.

We're Here to Help! Request a Courtesy Consultation

Are you ready to talk to a Mobility Pro? Learn how GMS can optimize your mobility program, enhance your policies to meet today’s unique challenges, receive an in-depth industry benchmark, or simply ask us a question. Your Mobility Pro will be in touch within 1 business day for a no-pressure, courtesy consultation.

Categories
Employee Development Global Mobility Global Relocation Global Relocation Challenges Global Relocation Tips

These 4 Cities Are Now Expat Worker Hot Spots

Large numbers of foreign workers are relocating to these four cities

Since Covid-19 protocols heightened in 2020, numerous industries moved countless jobs into full-time remote settings. As a result, many companies found that productivity stayed leveled and grew for many employees across the board. So much so that now a good portion of positions are hired under full-time remote work policies

Now that employees are no longer expected to drive into an office daily, it changes their outlook on where to live. Digital nomads are relocating worldwide, taking advantage of being able to live anywhere by adventuring to new cities and countries they’ve always wanted to live in. Cities that have seen an enormous influx of remote workers relocate are now dubbed Zoom Towns

Zoom Towns are becoming more popular because expatriate employees (expats) looking for a new destination to live in find the traditional big cities that used to be known as technology leaders, such as Hong Kong and San Francisco, are crowded and expensive to live in. With the cost of living soaring in many major markets, expats looking for international relocation options are turning to less known growing Zoom Towns. 

Here are four cities that are seeing significant increases in international relocation for employees looking for a new setting: 

Kuala Lumpur

The Malaysian capital is becoming a hot spot for expat workers looking to relocate mainly because of its large English-speaking workforces and communities. On top of that, international transplants are finding Kuala Lumpur relatively affordable. In a 2021 worldwide survey of 12,000 expat workers, Internations ranked Kuala Lumpur No. 1 for affordable housing options. 

Malaysia’s steady financial climate combined with the buzz of big city living can be a draw to many remote workers looking to move internationally. But if the big city feel isn’t a draw, the sightseeing outside the city of Kuala Lumpur has some of the most exotic landscapes to see only a day trip away. 

Lisbon

One of the oldest European cities, Lisbon has a lot to offer in a mixture of culture, warm weather, and nightlife entertainment. This Portuguese city started seeing an increase in expat workers moving there after it became the host of Web Summit. This annual convention combines tech’s most prominent companies with leading speakers and top media outlets. It’s easy to do the math here; many of the people who attend Digital Summit fall in love with what Lisbon has to offer remote work positions. So, once they come and experience the city, it is top of mind when deciding where to live next. 

Lisbon is an excellent choice because the medicine and education systems are well developed, while crime is low. Not to mention, the cost of living is lower than most other major European cities.

Mexico City

Mexico City is the largest city on this list, with nearly 22 million people currently living there. It might not seem like a go-to expat haven, but the city has rapidly been gaining both remote workers and in-office workers because it is the startup center of entrepreneurs in Latin America. The cost of living in Mexico compared to the US, Canadian, and most of Europe is much lower. Housing, food, and entertainment are all affordable year-round, making it an excellent place for young expat workers or newlyweds looking to start a family. Mexico City may be an old city, but it has a lot to offer for nightlife entertainment as it has one of the most vibrant restaurant cultures in the world.

Bengaluru (Bangalore)

One of the world’s fastest-growing tech hubs is Bengaluru, India. This growing Zoom Town is home to numerous startups and software firms. Major companies such as Sequoia Capital and Goldman Sachs have fueled the Bengaluru economy with money, making it a stable financial environment. With international relocation numbers, the city has numerous international schools, bars, and restaurants serving everything from craft beers to pork ribs.

GMS Can Assist Remote Workers Relocate

Now that countless workforce positions are completely remote-based, most companies won’t offer remote employees relocation benefits. This means for expats to head to their new destination, it’s all on their own when it comes to covering costs. But Global Mobility Solutions (GMS) has come up with a way to help remote employees receive the prices and services they would through relocation benefits without having to cost their company a penny. 

Our new Employee Choice Program is designed to assist remote employees with access to vendor pricing from our network that they would generally have to get through their employer. Our program is here to assure that employees who cannot utilize a relocation package can still get fair pricing while still getting the top-level relocation service that GMS offers to all clients. 

If you are interested in getting more information about our Employee Choice Program, please reach out today to schedule a quick call with one of our relocation experts. The GMS team is dedicated to providing excellent service and answering any questions you may have. 

We're Here to Help! Request a Courtesy Visa Program Consultation

Properly managing a visa and immigration program involves meticulous coordination, precise communication, and worldwide interaction with government agencies, corporate personnel, and relocating employees.

At GMS, we provide you with peace of mind in knowing your mobility program is fully compliant and being managed by the best in the industry.

Request a no-pressure, courtesy consultation from a GMS Mobility Pro. We’ll be in touch within 1 business day.

Categories
Global Relocation Global Relocation Challenges Global Relocation Tips Global Relocation Trends Relocation Management

Best Solution to H-1B Visa Denial?: Global Parking

Global Parking Might Be Best Option if Denied H-1B Case

After implementing some updated guidelines last spring, the U.S. Citizenship and Immigration Services (USCIS) started to release the H-1B visa lottery results for 2022 and 2023. One of the new guidelines capped registration at an annual quota of 85,000. From that number, about 20,000 registrants were candidates who earned a degree from a U.S. college or university, while the remaining registrations were left for other qualified candidates. 

Those applicants who were chosen in the lottery were probably relieved, but what about those who registered and were not selected? When it comes to visa and immigration issues, it is important to be extremely diligent when it comes to matters like these. Those who are in the U.S. on a work assignment have a few options if they are denied an H-1B visa. Looking into global relocation options might be the best way to go. Global parking is one of the most common workarounds for being denied in a visa lottery.

What Is Global Parking?

If an employee is not selected for an H-1B visa, the employer may want to look into relocating the employee to an affiliate outside of the U.S. for a short-term assignment. This is a common strategy to “park” an employee aboard for a small length of time to prepare for the next steps. Many companies choose to utilize this method because H-1B applicants are highly skilled employees in most cases. In simpler terms, companies don’t want to lose the specialized employees, so they will justify covering the relocation costs while the employee is on this assignment. From there, the company can then assist the employee in taking another shot at the H-1B the following year. 

The biggest advantage of global parking is that business operations can continue to run smoothly, because the company is not spending time, money, or training efforts on a new employee. While the obvious downside (for the short-term) is that the employee has to relocate. Talent mobility options are the best way for companies to retain top employees.

What If the Plan is for the Employee to Work in the U.S Long-term?

Global parking can open doors that lead to alternative visa and immigration options. When a company parks talent outside the U.S. for a short-term global assignment, it can make the employee eligible to return under what is known as the Intra-Company Transfer (ICT) category. To sum this up, if a company relocates an employee aboard for a set number of days, they then have options to transfer them back. 

Another option employees have if they are sent on an assignment outside the U.S., is they can now become eligible to apply for the L-1B and L-1A visas. These visas are not subject to a lottery and could be a great option to get the employee back stateside quickly.

Some examples of Global Parking:

listed examples of global parking

Are There Rules and Regulations for Global Parking?

In most instances, in order to go the route of global parking, companies must have an affiliate branch or entity in the destination country of choice. If not, one solution is to utilize a Professional Employer Organization (PEO) that can act as a co-employer by placing the employee on a local-level contract and payroll. 

GMS Wants to Help Companies Retain Top Talent

Global Mobility Solutions (GMS) has been helping companies with their global relocation assignments since 1987. Our team can also help with relocation policies, visas, and immigration needs. We understand firsthand how hard it is to retain top-level employees. Relocation options open up countless opportunities to keep good talent within a company. Reach out to us today to learn more about global parking or any relocation services questions. Feel free to check out our Knowledge Base which is updated weekly with in-depth relocation, job market, and real estate topics.

We're Here to Help! Request a Courtesy Visa Program Consultation

Properly managing a visa and immigration program involves meticulous coordination, precise communication, and worldwide interaction with government agencies, corporate personnel, and relocating employees.

At GMS, we provide you with peace of mind in knowing your mobility program is fully compliant and being managed by the best in the industry.

Request a no-pressure, courtesy consultation from a GMS Mobility Pro. We’ll be in touch within 1 business day.

Looking for something?