Quote:
Originally Posted by tommasi
ex-pat = Expatriate
Employees of corporations usually multinationals who are sent for oversea assignments.
Technically, aussiemuma's case probably do not fall under ex-pat because it is very costly to send ex-pats so many firms are shifting more towards internal transfers.
This means, the company you are working for is not sending you overseas but rather, you are requesting for a transfer and you do not qualify for the complete ex-pat benefits package.
Typical benefits include, overseas premium, housing allowance, cost of living allowance, moving expenses, tuition for dependent education, home leave, and tax reimbursement payments.
Research conducted by a friend of mine who is a college professor revealed that sending an ex-pat who receives $100K to Tokyo would cost $1M for compensations in 3 years.
|
Thanks for the explanation.