How to Budget for an International Move Without Breaking the Bank

Moving to a new country is an exciting adventure, but without careful budgeting, the costs can quickly become overwhelming. From visa fees to shipping costs, it’s easy to underestimate expenses and end up overspending. However, with the right financial strategies, you can transition smoothly while keeping your budget intact.

First, research the cost of living in your destination country, including rent, transportation, groceries, and healthcare. For example, if you're moving to Portugal, renting a one-bedroom apartment in Lisbon might cost around €1,200, while in Porto, it could be closer to €900. Knowing this in advance helps you budget for your new lifestyle. Make a list of moving expenses, such as visa fees (a Portuguese D8 visa can cost around €90), flight tickets ($500–$1,500 depending on the season), and temporary accommodation (an Airbnb for two weeks could be around $800).

Consider downsizing before your move—sell, donate, or store unnecessary belongings to reduce shipping costs. For instance, shipping a full household overseas can cost $5,000 or more, but limiting yourself to essential luggage and selling furniture could save you thousands. If you're moving from the U.S. to Poland, a 23kg (50lb) checked bag costs about $75, while air freight for multiple boxes could exceed $2,000.

Compare international shipping options carefully and choose based on your budget and urgency. Sea freight is usually cheaper than air freight; for example, sending a 20ft shipping container from the U.S. to Europe might cost $2,000–$4,000, while air shipping the same amount of items could be $10,000 or more. If you only need to send a few boxes, courier services like DHL or FedEx can be a cost-effective alternative.

Take advantage of cost-saving strategies such as booking flights during off-peak seasons, applying for relocation grants, and using digital banking to avoid high currency conversion fees. For example, flying in February rather than July could save you 30–40% on airfare. Some expats qualify for relocation grants or employer reimbursement—if you're moving for a job, ask if your company offers relocation assistance. For banking, platforms like Wise or Revolut allow you to hold multiple currencies and transfer money internationally with lower fees than traditional banks.

By approaching your international move with a clear financial strategy, you can relocate without financial stress. Small decisions add up. Planning ahead ensures that your move is both exciting and affordable.