Milhouse
Distinguished Member
- Joined
- May 11, 2007
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Does anyone have any advice for living and working overseas (particularly in a developing nation, e.g. not Europe)?
Things I'm a bit worried about mostly revolve around mail and banking. For example, if I have a bill from the US sent to an overseas address, and then send payment from a US account, the total time in transit could put me over the due date of the bill.
Also, do you usually open a local banking account, or simply stick with your US accounts? What if my money will be in US dollars? What is the best way to deal with currency exchange to local currency? Should I transfer USD from a US account in bulk to the local account? Using ATMs can get expensive quickly. What about using a multinational bank? Will that help ease exchange fees?
Do you keep a US PO box or anything? I won't have a US address anymore, so it seems in my mind that it may be useful to have a PO box. Yay or nay?
Any other little details to deal with?
Things I'm a bit worried about mostly revolve around mail and banking. For example, if I have a bill from the US sent to an overseas address, and then send payment from a US account, the total time in transit could put me over the due date of the bill.
Also, do you usually open a local banking account, or simply stick with your US accounts? What if my money will be in US dollars? What is the best way to deal with currency exchange to local currency? Should I transfer USD from a US account in bulk to the local account? Using ATMs can get expensive quickly. What about using a multinational bank? Will that help ease exchange fees?
Do you keep a US PO box or anything? I won't have a US address anymore, so it seems in my mind that it may be useful to have a PO box. Yay or nay?
Any other little details to deal with?