Foreign Country

How Easy Is It To Relocate And Set Up A Business In A Foreign Country?

Have you ever dreamed of selling up your home and business and simply moving to a foreign country? It might sound like a dream, yet with a little help and careful planning, there’s no reason why you can’t up and relocate to an Asian Foreign country, or anywhere else in the world that you would like to live. In this article, we will point out some of the aspects of the migration process to a foreign country.

Choosing your destination country

You might, for example, be looking at starting a Hong Kong company that is 100% foreign owned, in which case you should contact a Hong Kong-based law firm who can facilitate your business registration. If you have a lot of contacts in a particular country, this would be a good place to start a business; you might have met a partner who is Thai or Malaysian and would like to relocate and live with them in a tropical paradise, this is as good a reason as any to start a new life in another country.

Check entry requirements of the destination country

Prior to applying for a visa to enter the country of your choice, it makes sense to carry out some investigation to determine what is required to obtain a long-term visa. Of course, every nation in the world is currently trying to halt the spread of Covid-19, so expect there to be at least a requirement for a negative PCR test; some countries are requiring foreign visitors to have been vaccinated prior to their arrival. As you are looking forward to a new life in an exotic land, here are a few tips for a healthier lifestyle.

Long-Term Work Visas

As you would expect, in order to live and work in a foreign country, you need to obtain a long-term visa that allows you to work. This is something for a local law firm to handle when you apply to register your new business and such a firm can be found with a Google search; they can advise you how to obtain a work permit along with your business registration.

Professional People

If you are a qualified professional, you might be able to emigrate without setting up a business, as many countries are encouraging professional people to migrate. Check out the government website of the target country to see what professions are given priority for migration and if your profession is on the list, it will make things a lot easier.

The Internet hosts a wealth of information and it can help you to find work and accommodation in your destination country and prior to travelling, do check the current Covid-19 status in your destination country. This might put a hold on your plans, at least until everyone has been vaccinated and hopefully, things will return to normal and travel will open up again.

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