How to Make the Most of Your Lump Sum Relocation Allowance

Shipping Florida to England
April 10, 2020
An Ambassador for UPakWeShip
April 24, 2020

If you’re moving abroad for work, the chances are you’ll have been provided with a lump sum relocation allowance.

This is effectively a budget provided by your company to assist in the cost of your moving. The allowance should be substantial enough to cover your move, however, it’s ultimately up to you to spend the money wherever you see fit.

One of the biggest temptations employees face when presented with their lump sum relocation allowance, is to hold a fraction of the money back for themselves. Whilst this is definitely tempting, experience tells us that if you’re flexible with said budget, you can do it both affordably and comfortably without limiting yourself too much. Follow these tips to have a stress-free move and a little left over at the end.

*If you do not have a lump sum relocation allowance, why not use these tips to fit with you own allotted budget?

1. How to Book Flights For Your Move

Depending on your timeline, flights are likely to be either the first or last element you book. The benefit of waiting to book means you may find a deal closer to the time. However, traditionally the earlier you book your flight, the lower the cost will be – particularly over peak seasons such as high summer or Christmas.

Flights are all-inclusive with most airlines, and it’s usually worth paying a little more to ensure you’re not forced to pay out for extra bags or meals in-flight. Your flights themselves will be easily covered by your allowance, and you may even consider using some of the leftover money to upgrade yourselves once everything else is paid for.

2. Remember to Include a Hotel

For most people moving abroad, the first night in their new home country is spent in a hotel. Maybe you’re flying into an airport far away from your new home, or maybe your flight lands late at night. If either of these circumstances apply to you, it’s important to include the hotel stay in your budget.

Obviously, hotels are priced per night, so we recommend prioritizing one of two things: a hotel which is near to the airport and easy to find, or a hotel which is at the center of your new home city. If you’re flying into the local airport but can’t get into your new apartment for a couple of days, you can use that time to explore the area from your hotel.

Whilst both options aren’t necessarily the cheapest ones, remember that you’ve spent the last two, three, four months building up to this move, and your relocation allowance is there to make that whole process easier.

3. Do You Need to Hire a Car?

If you’re moving to a new country, you’ll need a way to get around. However, before you purchase a car, you should seriously consider hiring one temporarily. Different countries have different norms, so if you’re used to driving a Chevvy on big open roads in the US, you’re going to have quite a shock when you first sit in a Fiat 500, making your way around country lanes in Europe. A hire company will allow you to have instant access to a car, whilst also getting you used to a very different vehicle – and yes, that includes driving a manual.

Car hire should be a flat rate, just check out the insurance policies and ensure all potential costs are included in the booking.

4. International Shipping

If you’re moving abroad, one of the biggest costs and concerns will be how to get your belongings from one side of the world to the other.

To avoid being scammed or paying extortionate amounts, be on the lookout for companies that price your move based on cubic foot or by weight. This leaves you with very little flexibility, and that extra fishing pole you decided to pack last minute could cost you as much as buying a brand new one when you land. Most people can’t guarantee the size or weight of their boxed belongings until everything is in the back of the container, so make sure to avoid this trap, or risk ending up with a nasty bill at the end of your shipment.

But how do you prevent this from happening?

The best way to ensure you won’t be left with with expensive extra costs, is to use a moving company which has fixed prices for crates of each size.

UPakWeShip U-Crates and pallets come in three different sizes, and we will tell you from day one how much each one will cost via Rate Mate. The price is all-inclusive, and with the measurements on our website for customers to view, you can practice loading and packing in advance.

Remember our tip to use your entire relocation allowance on your move? Well, with our lump sum prices and instant quote finder, you can tick another of your costs off your list and come one step closer to saving a little of that allowance for yourself.

Every day, the world is getting closer to beating the virus and getting back to normal. But that means for those moving overseas, there will be a huge influx of people wanting to relocate at the same time. Book with UPakWeShip now to be at the front of the line and lock in the price quoted right now!

The Moving Doctor
The Moving Doctor
"The Moving Doctor", Mark Nash has been in the moving business for over 33 years and currently sits on the board of the International Shippers Association and the Commercial Affairs committee at the International Association of Movers (IAM).

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