Most expats returning home face similar challenges — Hoxton Capital Management

With many expats now thinking about going home, either voluntarily or due to the economic fallout of the lockdown, there are a number of common challenges they can expect to face.

“Coming home is a funny thing”, F. Scott Fitzgerald once observed. “Nothing changes. Everything looks the same, feels the same, even smells the same. You realise what’s changed is you.”

According to extensive academic research, such sentiments resonate not only with employees returning from deployments abroad, but also with students coming home after studying in foreign lands. It has been branded ‘reverse culture shock’ and its effects are not only felt by the individuals involved, but also by the institutions they work for or at which they are studying.

The research shows that ‘repats’ can experience more intense culture shock on returning home than the trepidation they initially felt when being dispatched abroad. In one poll, 80 per cent of returning Japanese expats, 71 per cent of Finnish, 64 per cent of Dutch and 60 per cent of Americans said they found it harder readjusting to their home country than to their host country abroad.

REVERSE CULTURE SHOCK

NOT ALWAYS A PASSPORT TO PROMOTION

HOMECOMING CHALLENGES

FRIENDS AND FAMILY CONNECTIONS

FINANCIAL PITFALLS

Originally published at https://hoxtoncapital.com on May 6, 2020.

Hoxton Capital Management is a borderless, independent financial advisory consultancy. www.hoxtoncapital.com