Six Ways I Built A Career Traveling The World In My 20s

Jurate Gulbinas   |   18 Feb 2017   |   1 min read

A lot of young people have a dream to travel the world. This is one person’s take on that. They did it and actually used it to get a career going. They were in their twenties. It’s pretty impressive to see someone of that age manage that successfully.

Key Takeaways:

  • Having worked in the consulting division of a huge multinational company, I know what it feels like to be plugging away in a cubicle in New York or Chicago.
  • Thanks to those years of global experience, it’s actually hard for me to get anything but an international job now.
  • Go abroad early in your career. Take any opportunity you can—take a salary cut if you have to, volunteer, do anything that “globalizes” your resume.

“Go abroad early in your career.”

https://www.fastcompany.com/3067658/lessons-learned/six-ways-i-built-a-career-traveling-the-world-in-my-20s?partner=rss

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9 Daily Habits of People Who Are Relentlessly Confident


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Just before he turned 35, Chris Guillebeau visited his 193rd country, completing his quest to visit every nation around the world But Guillebeau, now 39, wasn't able to afford it because of a...

 

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The financial industry—especially banking—has characteristics that make it a candidate for rapid and early digitalization, mainly because its fundamental raw materials and products boil down to...

 

9 Daily Habits of People Who Are Relentlessly Confident


17th Feb 2017
Jurate Gulbinas

You are going to die, and when you die no one is going to remember that you didn't answer the question right, no one is going to remember that you...

 

A 30-something who spent 11 years traveling to 193 countries shares his favorite money trick


16th Feb 2017
Jurate Gulbinas

Just before he turned 35, Chris Guillebeau visited his 193rd country, completing his quest to visit every nation around the world But Guillebeau,...

 

The Next Step in Finance: Exponential Banking


16th Feb 2017
Jurate Gulbinas

The financial industry—especially banking—has characteristics that make it a candidate for rapid and early digitalization, mainly because its...

9 Daily Habits of People Who Are Relentlessly Confident

Jurate Gulbinas   |   17 Feb 2017   |   1 min read

You are going to die, and when you die no one is going to remember that you didn’t answer the question right, no one is going to remember that you said something awkward after class. Remind yourself that you’re going to die, so you don’t take the small things so seriously.

Key Takeaways:

  • You are going to die, and when you die no one is going to remember that you didn’t answer the question right, no one is going to remember that you said something awkward after class.
  • It makes you get good at talking with confidence, and the teacher will make you do things that get you WAY out of your comfort zone.
  • When you’re talking to an old friend, you could be playing the nostalgia game. When you’re talking with a girl at the bar, you’re playing the flirting game.

“It makes you get good at talking with confidence, and the teacher will make you do things that get you WAY out of your comfort zone.”

http://www.inc.com/quora/9-daily-habits-of-people-who-are-relentlessly-confident.html

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Six Ways I Built A Career Traveling The World In My 20s


18th Feb 2017
Jurate Gulbinas

A lot of young people have a dream to travel the world This is one person's take on that They did it and actually used it to get a career going They were in their twenties It's pretty impressive to...

 

A 30-something who spent 11 years traveling to 193 countries shares his favorite money trick


16th Feb 2017
Jurate Gulbinas

Just before he turned 35, Chris Guillebeau visited his 193rd country, completing his quest to visit every nation around the world But Guillebeau, now 39, wasn't able to afford it because of a...

 

The Next Step in Finance: Exponential Banking


16th Feb 2017
Jurate Gulbinas

The financial industry—especially banking—has characteristics that make it a candidate for rapid and early digitalization, mainly because its fundamental raw materials and products boil down to...

 

Six Ways I Built A Career Traveling The World In My 20s


18th Feb 2017
Jurate Gulbinas

A lot of young people have a dream to travel the world This is one person's take on that They did it and actually used it to get a career going They...

 

A 30-something who spent 11 years traveling to 193 countries shares his favorite money trick


16th Feb 2017
Jurate Gulbinas

Just before he turned 35, Chris Guillebeau visited his 193rd country, completing his quest to visit every nation around the world But Guillebeau,...

 

The Next Step in Finance: Exponential Banking


16th Feb 2017
Jurate Gulbinas

The financial industry—especially banking—has characteristics that make it a candidate for rapid and early digitalization, mainly because its...

A 30-something who spent 11 years traveling to 193 countries shares his favorite money trick

Jurate Gulbinas   |   16 Feb 2017   |   2 min read

Just before he turned 35, Chris Guillebeau visited his 193rd country, completing his quest to visit every nation around the world. But Guillebeau, now 39, wasn’t able to afford it because of a particularly high-paying job, or a windfall of family money, but rather through earnings from freelance gigs and entrepreneurial endeavors he’d managed from 2002 to 2013.

Key Takeaways:

  • The rule, Guillebeau explained, was a way for him to decide if purchases were worth the extra cost, whether they were transportation, food, or accommodations
  • Just before he turned 35, Chris Guillebeau visited his 193rd country, completing his quest to visit every nation around the world.
  • “My whole life has been kind of a series of side hustles,” Guillebeau, a New York Times bestselling author, told Business Insider, adding that he worked while on the road and took advantage of credit card points and airline miles in order to finance his travels over the 11-year period.

“While he accomplished his goal to visit every country in the world a few years ago, Guillebeau hasn’t slowed down. He still travels about 10 to 14 days out of every month, often on speaking tours related to his books and blog, The Art of Non-Conformity.”

http://www.businessinsider.com/how-to-decide-if-something-is-worth-the-extra-cost-while-traveling-2017-1

Download our eBook “Moving To The US”

Disclaimer:
This document is intended as an information source only. The comments and references to legislation and other sources in this publication do not constitute legal advice and should not be relied upon as such. You should seek advice from a professional adviser regarding the application of any of the comments in this document to your fact scenario. Information in this publication does not take into account any person’s personal objectives, needs or financial situations. Accordingly, you should consider the appropriateness of any information, having regard to your own objectives, financial situation and needs and seek professional advice before acting on it. CST Tax Advisors exclude all liability (including liability for negligence) in relation to your reliance in this publication.

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Six Ways I Built A Career Traveling The World In My 20s


18th Feb 2017
Jurate Gulbinas

A lot of young people have a dream to travel the world This is one person's take on that They did it and actually used it to get a career going They were in their twenties It's pretty impressive to...

 

9 Daily Habits of People Who Are Relentlessly Confident


17th Feb 2017
Jurate Gulbinas

You are going to die, and when you die no one is going to remember that you didn't answer the question right, no one is going to remember that you said something awkward after class Remind yourself...

 

The Next Step in Finance: Exponential Banking


16th Feb 2017
Jurate Gulbinas

The financial industry—especially banking—has characteristics that make it a candidate for rapid and early digitalization, mainly because its fundamental raw materials and products boil down to...

 

Six Ways I Built A Career Traveling The World In My 20s


18th Feb 2017
Jurate Gulbinas

A lot of young people have a dream to travel the world This is one person's take on that They did it and actually used it to get a career going They...

 

9 Daily Habits of People Who Are Relentlessly Confident


17th Feb 2017
Jurate Gulbinas

You are going to die, and when you die no one is going to remember that you didn't answer the question right, no one is going to remember that you...

 

The Next Step in Finance: Exponential Banking


16th Feb 2017
Jurate Gulbinas

The financial industry—especially banking—has characteristics that make it a candidate for rapid and early digitalization, mainly because its...

The Next Step in Finance: Exponential Banking

Jurate Gulbinas   |      |   2 min read

The financial industry—especially banking—has characteristics that make it a candidate for rapid and early digitalization, mainly because its fundamental raw materials and products boil down to two: data (or information) and money. And money can be turned into accounting figures, that is, data or information. Still, banking has not suffered anywhere near the level of disruption experienced by other sectors.

Key Takeaways:

  • A new generation of clients has grown up in a digital marketplace, and it demands different services and new ways of accessing them.
  • On the other hand, user convenience calls for much more global and integrated solutions to meet their needs, and this will likely be achieved through platforms combining products and services from different providers.
  • Consequently, it will receive a part of the income generated by those transactions and will have access to, and control of, the information generated around it, which is itself another enormous source of value.

“Because, in the final analysis, what matters is earning and keeping our customers’ trust, as that is what will determine who succeeds in the financial industry of the future.”

https://www.technologyreview.com/s/603574/the-next-step-in-finance-exponential-banking/

Download our eBook “Moving To The US”

Disclaimer:
This document is intended as an information source only. The comments and references to legislation and other sources in this publication do not constitute legal advice and should not be relied upon as such. You should seek advice from a professional adviser regarding the application of any of the comments in this document to your fact scenario. Information in this publication does not take into account any person’s personal objectives, needs or financial situations. Accordingly, you should consider the appropriateness of any information, having regard to your own objectives, financial situation and needs and seek professional advice before acting on it. CST Tax Advisors exclude all liability (including liability for negligence) in relation to your reliance in this publication.

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Six Ways I Built A Career Traveling The World In My 20s


18th Feb 2017
Jurate Gulbinas

A lot of young people have a dream to travel the world This is one person's take on that They did it and actually used it to get a career going They were in their twenties It's pretty impressive to...

 

9 Daily Habits of People Who Are Relentlessly Confident


17th Feb 2017
Jurate Gulbinas

You are going to die, and when you die no one is going to remember that you didn't answer the question right, no one is going to remember that you said something awkward after class Remind yourself...

 

A 30-something who spent 11 years traveling to 193 countries shares his favorite money trick


16th Feb 2017
Jurate Gulbinas

Just before he turned 35, Chris Guillebeau visited his 193rd country, completing his quest to visit every nation around the world But Guillebeau, now 39, wasn't able to afford it because of a...

 

Six Ways I Built A Career Traveling The World In My 20s


18th Feb 2017
Jurate Gulbinas

A lot of young people have a dream to travel the world This is one person's take on that They did it and actually used it to get a career going They...

 

9 Daily Habits of People Who Are Relentlessly Confident


17th Feb 2017
Jurate Gulbinas

You are going to die, and when you die no one is going to remember that you didn't answer the question right, no one is going to remember that you...

 

A 30-something who spent 11 years traveling to 193 countries shares his favorite money trick


16th Feb 2017
Jurate Gulbinas

Just before he turned 35, Chris Guillebeau visited his 193rd country, completing his quest to visit every nation around the world But Guillebeau,...

4 Mind-Refreshing Tricks That Beat Decision Fatigue

Jurate Gulbinas   |   15 Feb 2017   |   2 min read

There are 4 mind refreshing tricks that beat decision fatigue for people. One way is to not ask the same questions every single day. That is something that would become very negative and stale after awhile. Above all, you should follow your gut and do what feels best for you. If faced with a dilemma, ask your inner self to provide the answer.

Key Takeaways:

  • Decision fatigue refers to the phenomenon that, like willpower, our ability to make decisions throughout the day diminishes without proper recharging.
  • Revisit the decision at specific intervals of your choosing, instead of reiterating the question, on a daily monkey-mind basis.
  • When mid-Pivot and asking life’s biggest questions, we are often overwhelmed by smaller decisions and things that might not have registered on our radar in the past.

“We do know the answer to more than we think – on decisions large and small if you find yourself caught within unproductive inner dialogue, try to ask yourself, “What does my gut say?””

http://www.inc.com/quora/4-mind-refreshing-tricks-that-beat-decision-fatigue.html

Download our eBook “Moving To The US”

Disclaimer:
This document is intended as an information source only. The comments and references to legislation and other sources in this publication do not constitute legal advice and should not be relied upon as such. You should seek advice from a professional adviser regarding the application of any of the comments in this document to your fact scenario. Information in this publication does not take into account any person’s personal objectives, needs or financial situations. Accordingly, you should consider the appropriateness of any information, having regard to your own objectives, financial situation and needs and seek professional advice before acting on it. CST Tax Advisors exclude all liability (including liability for negligence) in relation to your reliance in this publication.

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Six Ways I Built A Career Traveling The World In My 20s


18th Feb 2017
Jurate Gulbinas

A lot of young people have a dream to travel the world This is one person's take on that They did it and actually used it to get a career going They were in their twenties It's pretty impressive to...

 

9 Daily Habits of People Who Are Relentlessly Confident


17th Feb 2017
Jurate Gulbinas

You are going to die, and when you die no one is going to remember that you didn't answer the question right, no one is going to remember that you said something awkward after class Remind yourself...

 

A 30-something who spent 11 years traveling to 193 countries shares his favorite money trick


16th Feb 2017
Jurate Gulbinas

Just before he turned 35, Chris Guillebeau visited his 193rd country, completing his quest to visit every nation around the world But Guillebeau, now 39, wasn't able to afford it because of a...

 

Six Ways I Built A Career Traveling The World In My 20s


18th Feb 2017
Jurate Gulbinas

A lot of young people have a dream to travel the world This is one person's take on that They did it and actually used it to get a career going They...

 

9 Daily Habits of People Who Are Relentlessly Confident


17th Feb 2017
Jurate Gulbinas

You are going to die, and when you die no one is going to remember that you didn't answer the question right, no one is going to remember that you...

 

A 30-something who spent 11 years traveling to 193 countries shares his favorite money trick


16th Feb 2017
Jurate Gulbinas

Just before he turned 35, Chris Guillebeau visited his 193rd country, completing his quest to visit every nation around the world But Guillebeau,...

Why Should I Accept Your LinkedIn Connection?

Jurate Gulbinas   |      |   2 min read

Everyone who is in business needs a LinkedIn profile. Every company looks at it. You want to make sure that you are noticed by the people looking for services like yours. It’s hard to understand how anyone in the business world would not have a profile on there. A profile should look a lot like a resume.

Key Takeaways:

  • If I knew you, that would be one thing. I get invitations from lots of people that I work with or have personally met or emailed so that’s usually a no-brainer.
  • If I don’t know who you are and you’re from specific parts of Africa, Eastern Europe, South America, the Middle East or Florida, I’m likely going to reject you.
  • I don’t know how all this stuff works, but if your profile looks suspicious I’m afraid that by accepting your invitation you’ll do something bad to my account or to those that I’m connected.

“To me, a legit LinkedIn profile from someone who lives in a far off or dangerous place (like New Jersey) that is completely filled out with jobs and schools and has connections with more than 500 people, including a few in my network and follows a few smart thought leaders that I admire, like Richard Branson.”

https://www.entrepreneur.com/article/288524

Download our eBook “Moving To The US”

Disclaimer:
This document is intended as an information source only. The comments and references to legislation and other sources in this publication do not constitute legal advice and should not be relied upon as such. You should seek advice from a professional adviser regarding the application of any of the comments in this document to your fact scenario. Information in this publication does not take into account any person’s personal objectives, needs or financial situations. Accordingly, you should consider the appropriateness of any information, having regard to your own objectives, financial situation and needs and seek professional advice before acting on it. CST Tax Advisors exclude all liability (including liability for negligence) in relation to your reliance in this publication.

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More articles like this

 

Six Ways I Built A Career Traveling The World In My 20s


18th Feb 2017
Jurate Gulbinas

A lot of young people have a dream to travel the world This is one person's take on that They did it and actually used it to get a career going They were in their twenties It's pretty impressive to...

 

9 Daily Habits of People Who Are Relentlessly Confident


17th Feb 2017
Jurate Gulbinas

You are going to die, and when you die no one is going to remember that you didn't answer the question right, no one is going to remember that you said something awkward after class Remind yourself...

 

A 30-something who spent 11 years traveling to 193 countries shares his favorite money trick


16th Feb 2017
Jurate Gulbinas

Just before he turned 35, Chris Guillebeau visited his 193rd country, completing his quest to visit every nation around the world But Guillebeau, now 39, wasn't able to afford it because of a...

 

Six Ways I Built A Career Traveling The World In My 20s


18th Feb 2017
Jurate Gulbinas

A lot of young people have a dream to travel the world This is one person's take on that They did it and actually used it to get a career going They...

 

9 Daily Habits of People Who Are Relentlessly Confident


17th Feb 2017
Jurate Gulbinas

You are going to die, and when you die no one is going to remember that you didn't answer the question right, no one is going to remember that you...

 

A 30-something who spent 11 years traveling to 193 countries shares his favorite money trick


16th Feb 2017
Jurate Gulbinas

Just before he turned 35, Chris Guillebeau visited his 193rd country, completing his quest to visit every nation around the world But Guillebeau,...

The Fast and Simple Way to Strengthen Your Mind

Jurate Gulbinas   |   14 Feb 2017   |   2 min read

There is a fast and simple way to strengthen your mind. Meditation is a practice that helps a lot of people with their inner mind and it helps them in their day to day life. The key to strengthening your mind involves every part of you. You just be aware of your thoughts and all of your sensations.

Key Takeaways:

  • Meditation is the word we’ve given a wide series of activities that strengthen a particular part of the brain.
  • Unsurprisingly, by incorporating two data types, you engage the part of the brain that integrates the data types.
  • Sitting and thinking about the sensation of the chair against your back is an exercise that includes sensation and thought.

“The Anterior Cingulate Cortex (ACC) is the part of the brain where physical sensation data, emotion data, and thought data all intersect to give you a broad picture of the world around you. People who have strong ACCs tend to report a higher pain threshold (including emotional pain), a general feeling of life happiness, positive relationships, greater degree of focus, and a sense of ability to choose one’s path in life.”

http://www.inc.com/quora/the-fast-and-simple-way-to-strengthen-your-mind.html

Download our eBook “Moving To The US”

Disclaimer:
This document is intended as an information source only. The comments and references to legislation and other sources in this publication do not constitute legal advice and should not be relied upon as such. You should seek advice from a professional adviser regarding the application of any of the comments in this document to your fact scenario. Information in this publication does not take into account any person’s personal objectives, needs or financial situations. Accordingly, you should consider the appropriateness of any information, having regard to your own objectives, financial situation and needs and seek professional advice before acting on it. CST Tax Advisors exclude all liability (including liability for negligence) in relation to your reliance in this publication.

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More articles like this

 

Six Ways I Built A Career Traveling The World In My 20s


18th Feb 2017
Jurate Gulbinas

A lot of young people have a dream to travel the world This is one person's take on that They did it and actually used it to get a career going They were in their twenties It's pretty impressive to...

 

9 Daily Habits of People Who Are Relentlessly Confident


17th Feb 2017
Jurate Gulbinas

You are going to die, and when you die no one is going to remember that you didn't answer the question right, no one is going to remember that you said something awkward after class Remind yourself...

 

A 30-something who spent 11 years traveling to 193 countries shares his favorite money trick


16th Feb 2017
Jurate Gulbinas

Just before he turned 35, Chris Guillebeau visited his 193rd country, completing his quest to visit every nation around the world But Guillebeau, now 39, wasn't able to afford it because of a...

 

Six Ways I Built A Career Traveling The World In My 20s


18th Feb 2017
Jurate Gulbinas

A lot of young people have a dream to travel the world This is one person's take on that They did it and actually used it to get a career going They...

 

9 Daily Habits of People Who Are Relentlessly Confident


17th Feb 2017
Jurate Gulbinas

You are going to die, and when you die no one is going to remember that you didn't answer the question right, no one is going to remember that you...

 

A 30-something who spent 11 years traveling to 193 countries shares his favorite money trick


16th Feb 2017
Jurate Gulbinas

Just before he turned 35, Chris Guillebeau visited his 193rd country, completing his quest to visit every nation around the world But Guillebeau,...

What to Watch in the States: Further Attempts to Weaken or Eliminate Progressive Taxes

Jurate Gulbinas   |      |   2 min read

There are further attempts to weaken or eliminate progressive taxes. Many states are getting ready for challenging budget debates this year. There are people on both sides of the issue. Some want things to be harder, while others want it easier and help people be better off. There are talks on eliminating personal income tax in Michigan and West Virginia.

Key Takeaways:

  • As we described last week, many states are gearing up for challenging budget debates this year.
  • At the same time, however, lawmakers in a handful of states are exploring meaningful income tax reforms that could improve the fairness and sustainability of their tax systems.
  • Graduated-rate income taxes allow states to collect more revenues from high-income taxpayers that often face the lowest overall state and local tax rates.

“Two bills to eliminate Michigan’s personal income tax may be at play this legislative session. In the House, a bill has been filed that would reduce the current income tax rate from 4.25 percent to 3.9 percent in 2018 and then phase down the rate by 0.1 percentage point each year over the next 40 years, well after all of the state’s current elected officials have left office (Michigan prevents any individual from serving more than 14 years in the legislature)”

http://www.taxjusticeblog.org/archive/2017/02/what_to_watch_in_the_states_fu.php

Download our eBook “Moving To The US”

Disclaimer:
This document is intended as an information source only. The comments and references to legislation and other sources in this publication do not constitute legal advice and should not be relied upon as such. You should seek advice from a professional adviser regarding the application of any of the comments in this document to your fact scenario. Information in this publication does not take into account any person’s personal objectives, needs or financial situations. Accordingly, you should consider the appropriateness of any information, having regard to your own objectives, financial situation and needs and seek professional advice before acting on it. CST Tax Advisors exclude all liability (including liability for negligence) in relation to your reliance in this publication.

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More articles like this

 

Six Ways I Built A Career Traveling The World In My 20s


18th Feb 2017
Jurate Gulbinas

A lot of young people have a dream to travel the world This is one person's take on that They did it and actually used it to get a career going They were in their twenties It's pretty impressive to...

 

9 Daily Habits of People Who Are Relentlessly Confident


17th Feb 2017
Jurate Gulbinas

You are going to die, and when you die no one is going to remember that you didn't answer the question right, no one is going to remember that you said something awkward after class Remind yourself...

 

A 30-something who spent 11 years traveling to 193 countries shares his favorite money trick


16th Feb 2017
Jurate Gulbinas

Just before he turned 35, Chris Guillebeau visited his 193rd country, completing his quest to visit every nation around the world But Guillebeau, now 39, wasn't able to afford it because of a...

 

Six Ways I Built A Career Traveling The World In My 20s


18th Feb 2017
Jurate Gulbinas

A lot of young people have a dream to travel the world This is one person's take on that They did it and actually used it to get a career going They...

 

9 Daily Habits of People Who Are Relentlessly Confident


17th Feb 2017
Jurate Gulbinas

You are going to die, and when you die no one is going to remember that you didn't answer the question right, no one is going to remember that you...

 

A 30-something who spent 11 years traveling to 193 countries shares his favorite money trick


16th Feb 2017
Jurate Gulbinas

Just before he turned 35, Chris Guillebeau visited his 193rd country, completing his quest to visit every nation around the world But Guillebeau,...

What You, Entrepreneur, Can Do to Support Green Energy

Jurate Gulbinas   |   13 Feb 2017   |   2 min read

There is something that every single entrepreneur can do to support green energy. The environment is one thing that is on the mind of many people due to the recent change in the president. There is a growing number of people that feel we should take care of this earth we are all on. The USA will be a major part of this progress.

Key Takeaways:

  • Whether you believe in global warming in an official sense, it should be important to you to preserve our environment and the natural resources around you.
  • I feel a bit like Peter Pan saying this, but some silly adults seem to be putting their 2017 profit margin at a higher priority than the entire planet.
  • The fossil fuel industries are making moves in Europe, with oil suppliers cutting supply to drive up prices again.

“I feel a bit like Peter Pan saying this, but some silly adults seem to be putting their 2017 profit margin at a higher priority than the entire planet.”

https://www.entrepreneur.com/article/288583

Download our eBook “Moving To The US”

Disclaimer:
This document is intended as an information source only. The comments and references to legislation and other sources in this publication do not constitute legal advice and should not be relied upon as such. You should seek advice from a professional adviser regarding the application of any of the comments in this document to your fact scenario. Information in this publication does not take into account any person’s personal objectives, needs or financial situations. Accordingly, you should consider the appropriateness of any information, having regard to your own objectives, financial situation and needs and seek professional advice before acting on it. CST Tax Advisors exclude all liability (including liability for negligence) in relation to your reliance in this publication.

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More articles like this

 

Six Ways I Built A Career Traveling The World In My 20s


18th Feb 2017
Jurate Gulbinas

A lot of young people have a dream to travel the world This is one person's take on that They did it and actually used it to get a career going They were in their twenties It's pretty impressive to...

 

9 Daily Habits of People Who Are Relentlessly Confident


17th Feb 2017
Jurate Gulbinas

You are going to die, and when you die no one is going to remember that you didn't answer the question right, no one is going to remember that you said something awkward after class Remind yourself...

 

A 30-something who spent 11 years traveling to 193 countries shares his favorite money trick


16th Feb 2017
Jurate Gulbinas

Just before he turned 35, Chris Guillebeau visited his 193rd country, completing his quest to visit every nation around the world But Guillebeau, now 39, wasn't able to afford it because of a...

 

Six Ways I Built A Career Traveling The World In My 20s


18th Feb 2017
Jurate Gulbinas

A lot of young people have a dream to travel the world This is one person's take on that They did it and actually used it to get a career going They...

 

9 Daily Habits of People Who Are Relentlessly Confident


17th Feb 2017
Jurate Gulbinas

You are going to die, and when you die no one is going to remember that you didn't answer the question right, no one is going to remember that you...

 

A 30-something who spent 11 years traveling to 193 countries shares his favorite money trick


16th Feb 2017
Jurate Gulbinas

Just before he turned 35, Chris Guillebeau visited his 193rd country, completing his quest to visit every nation around the world But Guillebeau,...

Expat guide: renting out your UK home

Jurate Gulbinas   |   9 Feb 2017   |   2 min read

Renting out your UK home is something that many people do. There is a way to go about it. Many people rent them out rather than sell them when they leave the country and move abroad. This is a good way to provide income. But, there are many different costs to factor in when doing this kind of thing.

Key Takeaways:

  • Many expats rent out their UK properties instead of selling them when they move abroad. This can provide income, make sure they have a base to return to and make it easier to obtain further mortgages later on.
  • The drawback is that dealing with tenants and maintenance issues directly can be stressful and time consuming. It’s an even bigger hassle if you happen to live in a different time zone.
  • For those deciding the agency route is best, be prepared to pay combined letting and management fees ranging from about 12 per cent to 15 per cent.

“Before instructing a lettings agent, check that they are willing to deliver and collect keys on your behalf and carry out an inspection of the property to check all is in order.”

http://www.telegraph.co.uk/expat/before-you-go/expat-guide-renting-out-your-uk-home/

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Disclaimer:
This document is intended as an information source only. The comments and references to legislation and other sources in this publication do not constitute legal advice and should not be relied upon as such. You should seek advice from a professional adviser regarding the application of any of the comments in this document to your fact scenario. Information in this publication does not take into account any person’s personal objectives, needs or financial situations. Accordingly, you should consider the appropriateness of any information, having regard to your own objectives, financial situation and needs and seek professional advice before acting on it. CST Tax Advisors exclude all liability (including liability for negligence) in relation to your reliance in this publication.

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