>> Finding
a financial job overseas
More and more finance jobs are moving to countries
with growth potential - and that can be anywhere.
Major Financial companies are opening offices in world's
developing economies such as Inida, China as well as in Hong
Kong and Singapore.The current economic turmoil would
compel companies to further cost cutting measures in order to
improve the bottom line. Moving financial jobs to developing
economiess has provided greater cost efficiency, the expansion
of working hours and direct access to emerging markets.
Check List for Overseas Employment
Work permits - The first thing to find out is
the nature of work permit required to work overseas .You can
get all the relevant information regarding work permit from the
respective consultae office or embassy..Here the best option
to start with is to get your present or prospective employer
to sponsor you. Multinational
companies operate from different geographies and are constantly
in the look out for talent from diverse cultural base.
So you have three job search options -
1.Find an employer who will hire and
relocate you overseas for a specific position or,
you can visit the country and search for jobs.
2.Recruiters specializing
in international financial placements can offer invaluable services
in your job search.
3.Networking- This is a great tool for effective job serach.
Speak to people who are already working in overaseas assignments
and they can provide you with all the information you need .
Factors to consider before you move-
Language & Culture- Find out the official and
local language. For long term assignments , speaking the local
language would have an advantage.Along with the languare, consider
the local culture as well, specially in Islamic countries.
Salary- Know the cost-of-living index of the
particular country and look at the savings potential.Merely converting
the currency to your local currency would not do.Along with the
salary figure , also consider the benifits, local income tax
and other taxes, including insurance.
Housing and Relocation-Find out if the company
is intitially providing any help in regard to housing.
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