7 Brutal Financial Traps Every Expat Falls Into! How To Expect Them Like a Pro!

You’ve seen the dream: sunsets, beaches, a care-free life. But hidden behind those Instagram filters are the financial black holes waiting to devour your bank account.

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When I first decided to become an expat, I had visions of sun-drenched afternoons and leisurely coffees in quaint, foreign cafes.

I was so ready to be that effortlessly hip person, strolling cobbled streets with a mysterious accent, leather jacket with cashmere scarf in hand, and a wallet as light as my heart.

But, as it turns out, moving abroad comes with a slew of hidden financial traps that make the glitzy expat lifestyle a tad… shall we say… expensive?

Here are the seven hidden costs that will drain your bank account faster than you can say, “Where’s the nearest ATM?”

1. The Visa/Residency Vortex: When You Think You’re Free, But You’re Not

Let’s start with the ever-elusive visa, that tiny sticker or stamp in your passport that you think, “Great, I’m all set!”