Japan has been described by some as "the ultimate East-meets-West, 20th-century experience," and indeed, it is a land of contrasts. A place where ancient culture lives in harmony with modern technology . . . where quiet tradition rubs elbows with glitz and glamour . . . where cherry blossoms...
Developing a financial analysis of an employee’s move helps both the employer and employee determine whether a relocation is really worth it. You call a key employee into your office on a Friday afternoon and ask him to transfer to the company’s New Jersey office. The new job, you say,...
Understanding a country's customs and culture will help your expats appreciate why others communicate, negotiate or build business relationships the way they do. A collective consciousness One of the most important traits of the Japanese mindset is its collective nature. In Japan, we comes before I -- a concept that’s taught...
You know the old joke — it’s not what you earn, it’s what you keep. Well, fast-track young managers in Asia who want the last laugh will start putting together a financial plan that includes investment, tax, and offshore banking components. But the most important step in real financial...
Soon after you started researching financial planning, you probably encountered the phrase ‘insurance wrapper’. The basic concept is that mutual funds and other tradable financial instruments can be ‘wrapped’ in an insurance policy to give it additional tax and estate planning benefits. Theses are insurance products in name only...
Expats in Asia tend to have more money than time – and this can lead to trouble for some people. In addition to all of the usual demands on your diary, in Asia we have to worry about multiple sets of holidays, time differences, flexible lengths of stay, and...
If you are an expat in living in Asia, you have probably heard financial salesmen using these 3 phrases more or less interchangeably. But are they really the same thing? Financial Planning is the process of matching your assets and income to your long term goals. This often requires Professional help,...
Know where you're going - Whenever traveling by cab or public transport, have someone write down your destination and return address in Chinese. This will help you avoid miscommunications if your driver doesn't speak English. Always carry a packet of tissues - Although most major restaurants and bars usually provide...
Other overseas locations may appear more challenging to expats, but relocation to the UK holds some interesting surprises of its own. The first culture shock Americans experience when moving to the UK is that they experience culture shock at all! Since we share a common language with our cousins --...
As Americans, we often forget we even have a culture. Here, expats to our country share their insights on what we're really like. What is it like to cross American borders for the first time? To enter a culture where "time is money?" Where competition is fierce and business informal?...