Many London relocation services agents will tell you that the very FIRST aspect of your move to London is to negotiate a great expat package with your employer. The chance to live and work in one of the most famous, fascinating and fabulous cities in the world could be decidedly dreary if you’re not paying attention to your salary and the package offered to you by your employer.
If you’re moving to London as part of an international relocation jobs program, your employer will likely have some experience of moving people around the world on secondment, but you still need to sit down and make sure you’re going to have enough money to cover your move and all that it entails.
Living in London is expensive, so you need to make sure that your new salary is a) market related, according to other jobs in the city of London and b) enough to sustain you in a comparable lifestyle. For many Americans moving to London this will mean a big increase, but before you get excited, the cost of living is much higher in London than in many American cities, so you need to do a bit of research before you sign the contract.
London Relocation Agents
If you are able to, try and negotiate that your employer makes use of professional relocation agents to help you with the challenge of finding an apartment. A good agent will have you into your new apartment in a day. If you’re going it alone you could spend months trying to find a landlord who will rent to foreigners and the credit rating from a British bank to cover your lease agreement.
You need to be very sure on the subject of tax when you are planning your relocation. You will be paying double taxes while you are living outside of the USA and you need to make sure that your package covers this. Your finances will form a big part of where you are going to be able to live and before agreeing to anything, you may want to do some research on your expected monthly expenses before you start. Consult with one of the professional relocation agents to get a better idea of what you should be asking for when you are negotiating your relocation jobs package.