TAG | Tax
Offshoring operations overseas combined with an increasingly competitive jobs market, has left many professionals considering opportunities abroad. So what value is gained from international experience?
Stand out from the crowd. CVs with international work experience stand out. Employers appreciate the independence, personal resourcefulness and problem-solving skills necessary to work abroad. Particularly if you have sought the opportunity yourself.
Understand new business cultures. Working in a country that has a strong connection with your industry can add an incredible amount of value to your CV. Working abroad can also give you an understanding of other cultures, values and different ways of doing business. Surrounding yourself in a foreign work setting is very different from dealing with colleagues from other countries on the telephone. Even a relatively short period of time spent abroad can be very valuable to your career. In the case of the Middle East you might be expected to operate in an Arabic speaking environment and also a more profoundly Islamic business community.
Acquire new skills. Learning a new skill or developing an existing skill is often easier in a new environment. Picking up a new language or learning new processes can be an invaluable benefit of working overseas and are often skills that can be used back in the UK.
Gain new contacts. An assignment abroad can quickly help build your professional network. Nurture relationships with colleagues, you never know where a contact may lead and who they might be able to refer you to for future jobs. The blue chip multinational job market in particular has become increasingly globalised and a diverse network can provide short cuts to career development.
Earn money. UAE is tax-free. This means that in the top earning bracket you can take home up to 50% more than you would at home. If you are coming to the stage of your life when saving is more important than spending, the Middle East could be an even more attractive proposition.
Lifestyle change. Working abroad can often offer a different lifestyle, and sometimes a greater work-life balance. In addition, it can give you the chance to explore new interests. It may even take you on to another contract or permanent role there or in another country. In the UAE, the average annual rainfall is 4.7 inches, on par with just one wet afternoon in Manchester, so if you are a SAD sufferer it could be your gateway to a sunnier disposition and an outdoor lifestyle.
Choosing to uproot and work abroad can be a big decision, plenty of research is essential before taking the leap. If the timing is right it can really develop your career opportunities.