Relocating to Austin, Texas with Paypal?
Here are some tips to ask your employer and things you must consider before you move to Austin, TX! Texas has consistently ranked among top 5 in the U.S. for top States people move to and the Austin area is one of the fastest growing cities in Texas.
Paypal has a significant presence now in Texas. A number of Paypal employees have been relocating to Austin recently.
Getting hired for a new job or being transferred to Austin with Paypal is often very exciting; however, relocation can be expensive. In negotiating your contract, take a moment and ask what relocation costs they cover. Let’s talk about domestic relocation, within the continental United States, and focus on what’s important to know about your upcoming move.
Typically, most upper management positions come with a relocation package; however, they can vary from company to company, or position to position. Some employers like Paypal give you a relocation allowance or a lump sum of money to offset your moving costs. Often times, they may have a preferred mover with discounted pricing. Other times, they may suggest you go out and get three (3) estimates to submit for their approval.
If you are planning on moving to Austin Texas with Paypal, here are a few suggestions you may want to go over concerning your relocation costs.
• Ask your employer if they will be covering packing/unpacking.
• Do you have automobiles to ship to Austin and will they cover the transportation costs?
• If you have pets to relocate, will they cover their relocation costs?
• If you have not found a new residence in Austin, will they cover storage costs for 30 days, 60 days?
• Third Party Charges, coverage for servicing Grandfather clock, pool table, appliances, crating?
• Travel expenses such as lodging, food, airline tickets, car rental while house- hunting in Austin?
• Maid Service – Unpacking and putting everything away?
• Move-in/Move-Out Cleaning Service?
If you are given a lump sum to move with Paypal, how can you maximize your moving allowance? Years ago, people could save a substantial amount of money by renting a truck and moving themselves. In today’s market, compare the costs of a do-it-yourself move versus a professional move. You will be surprised how little you’ll save. You can save some money by packing, however, those boxes are not covered under the van lines insurance for any breakage.
If your employer does not cover the costs of your relocation to Austin with Paypal you can visit the IRS website, http://www.irs.gov/publications/p521/index.html. This publication will outline what expenses are deductible off your taxes, when relocating for a new job.
Haven’t started working with an Austin Relocation Realtor yet? You can contact us here and we will guide you to the best places to live in the Austin area! Or call us at 469-269-6541
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If you are planning to relocate to Austin TX area with Paypal including to cities like Austin, Cedar Park, Leander, Round Rock, Pflugerville, Lakeway, Dripping Springs, Georgetown, Liberty Hill, Hutto or Manor, contact us. Our excellent Austin Real Estate Services provided by top Austin Real Estate Agents and REALTORs will make buying your new construction home in Austin much easier and will make your Austin TX relocation less stressful!
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