Expatriation

More and more people are coming to live in South East Asia looking for a better quality of life. This area is one of the top favourite region for expatriation. Some of the most popular countries are Thailand, Malaysia, Singapore and of course China, Hong Kong and also Vietnam.

The first choice for expatriates is Singapore, partly because it offers higher wages than the other countries of the region. Indeed 54% of expatriates' annual salaries are higher than 200 000 dollars. The possibility of having access to luxury and Western goods is also a condition for the expatriates. Obviously China is also at the top of the list, providing beneficial opportunities for foreign companies that set up on its territory. According to official numbers it is estimated that 44 000 French expatriates are living in China.

Despite the quality of life and financial benefits offered by the South East Asia, cultural differences cause difficulties to Westerners who settled in this region.

If you are planning an expatriation in this region, be prepared for the cultural gap and do not forget your medical insurance !

When you are expatriate, returning to your country requires a lot of organisation. You must book tickets, organize Christmas, buy gifts ... Here are five tips for getting organized.

Anticipate

You should start planning your return trip in advance. Prepare everything takes time, especially during holiday periods where delivery delays may occur more easily with a higher demand.

Delegate

You should trust and delegate to a third person, part of the organization for Christmas. Take the time to get organized!

Using the Internet

You must know how to use all the tools at your disposal, including the Internet, which will help you gain time. Order your gifts online, do your shopping for the D-day through online stores, book your e-tickets.

Optimize

To enjoy your stay in your country, optimize your organization preparing your return: do everything in advance. It is more efficient, less stressed and you will be able to enjoy your stay.

Stay zen

Despite the uncertainties stay Zen! But if you follow these 5 tips to prepare yourself, you should be able to enjoy your holiday season in peace.

Of course, don't forget to take a travel insurance for you and your family and Happy holiday !

They leave for their company or to follow their husbands. In all cases, they make sure to preserve their career plans.

We distinguish women who follow their husbands and those expatriates, in increasing numbers, which are sent to position themselves abroad by their company.

Expatriation: a project for the couple

For women who “follow” their husbands, the couple becomes the origin and purpose of this experience abroad. Some destinations, particularly in Asia, sometimes turn into real trap for these gentlemen very demanded by the local ladies... But it is also a rewarding experience!

The expatriate business: rather young and single

Women sent abroad by their employer are still a minority among the population of expatriate women. But the situation is changing. These women are often the cause of their expatriation: usually they are the ones who asked to leave. They are mostly young and single women.

Whether you are a business woman or following your husband, don't forget to take an insurance for you and your family before leaving !

Among the million Europeans living abroad officially, a third of them are seniors who choose to live abroad after retiring. If you are retired and dream of a new life, why not make the jump?

Sunny destinations are popular

When we take a closer look at the country of residence of these expatriates, it is obvious that the sun attracts many European retirees... Thus, Spain, Morocco and Portugal top the podium of retired expatriates’ favourite countries, followed closely by the United States (especially in Florida where many retirees settle there), France and Tunisia. It is true that, in Northern Europe, the sun does not shine every day! Expatriation to countries like Mauritius and Brazil is less known but increases also regularly.

Mondassur assists you in your desire of expatriation

As a senior, one of the major concerns of your expatriation will be your medical care coverage. Mondassur offers a large range of insurance plans with specific benefits for expatriation. If you want to learn more about our insurance for expatriation, read more on our expatriate medical insurance comparison, request a quote or contact us directly!

Working in a foreign country has become a profitable and logical choice for young job-seekers. With high unemployment rate in most european countries, it has become increasingly difficult for new graduates to find their first real job. Even though Europe’s economic crisis has universally affected the job market, Germany has remained an attractive country for new graduates due to their strong economy. Working in Germany, thus, is a true launching point into beginning an international career. With the reasonable cost of living and enjoyable working conditions, Germany is an attractive option for young workers.

As an expatriate, you can choose between two insurance sectors: public and private (private insurance requires coverage under an expatriate insurance program). It is very important to consider under which expatriate insurance program you will enroll as your choice is irreversible during your stay in Germany. These two systems offer different advantages depending on your situation and your specific needs.

Public insurance automatically insures all employees who earn under 50.000€ per year. Fifteen percent (about 7% paid by the employer and 8% paid by the employee) of the employee’s gross salary is deducted monthly. Depending on the public health fund in which you are enrolled, your premiums may be more. This is a good option to consider for those travelling with family as it covers non-working spouses and children.

Private insurance is a good option for those who earn more than 50.000€ or are self-employed. If you choose private insurance, the cost for expatriate coverage varies depending on the conditions of your contract. Private insurance is strongly recommended for young, active, and single people. This is especially a good option if you are not planning to stay in Germany long-term. In choosing private insurance, your benefits would be greater than those of public insurance and overall, your costs will be lower if you are a young person. For example, up to 100% of your health real costs can be reimbursed and you will be insured in your home country and throughout the world when travelling. You will also be better reimbursed for dental and optical fees under your expatriate insurance plan.

When deciding between the two insurance systems, evaluate your individual needs in order to choose which program would be best for you!