Moving to the United States offers many benefits, the most common being that you can access new opportunities in the biggest economy in the world. The US nominal GDP was $21.5 trillion as of 2019 and is likely to rise to $25.3 trillion in 2024. The United States also has a free market economy that invites entrepreneurship and foreign direct investment.
However, moving overseas can be daunting, whether you are migrating for business purposes, because of work, or as an international student. Before moving to any foreign country or state, there are many things to know. Here are a few things to consider before moving to the United States.
1. Find out about working and getting a job
The United States has a huge job market that promises high salaries for people ready to work hard. The working days here are long, and overtime is common for many. However, vacation time is rare and often doesn’t last more than 10 days per year, which can be a disadvantage for people that don’t put their careers first.
Nevertheless, despite these considerations, the United States is still an attractive destination for many working expatriates. Salaries are often the reason behind this since average salaries in the US are high compared to many other nations. In addition, there are many jobs in the US where you can learn and grow, as most innovative businesses operate here.
2. Enhance your English skills
You can fulfill your dream of becoming an American immigrant without speaking English, but it’s certainly important to be linguistically proficient before moving to the US. Enroll for an English course at a language school or community college, or look for a tandem friend with whom you can enhance your conversation skills. You can also use language learning apps to test and improve your knowledge.
3. Use a foreign exchange company
Banks usually charge exorbitant fees for foreign exchange. While these may not worry you when you are going on holiday, charges stack up, and you can end up spending far more than you’d like on fees when moving overseas. Banks are generally not the best option for foreign exchange.
On the other hand, foreign exchange companies work for a fraction of the cost. They offer you the best exchange possible and can help you with some important administrative tasks as well, such as opening a US bank account. Furthermore, they can connect you to the right people if you want to get a home loan or find a property agent.
4. Get a health insurance
Health insurance is crucial in the United States and should be prioritized over nearly everything else. If you get sick without health insurance, there is the risk that it will cost you tens or hundreds of thousands of dollars.
Unfortunately, health insurance can be expensive, especially if your employer doesn’t cover a share of it. In such a case, consider looking into the Consolidated Omnibus Budget Reconciliation Act (COBRA). This act offers eligible workers and their dependents the option for continued health insurance coverage if they lose their jobs or experience reduced work hours.
Endnote
Moving to the United States is a significant and exciting experience but can also be overwhelming. There is a lot to consider before moving, no matter what your reason to do so is. However, if you are well-prepared, the US is a unique and amazing place to call home.
