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Remote working has advantages beyond being able to attend Zoom meetings in your sweatpants. You can move closer to family or friends, head to a nicer climate, or live in a cheaper state.
As long as you have no in-office requirements, you can live wherever you want providing you are willing to deal with attending meetings in a different time zone.
Moving to your dream location does require money. Whether you hire a mover or load your own truckthere are moving costs. Selling a property, buying a property, paying the first two months rent and a security deposit on a new apartment, getting your security deposit back from your own place — these are all considerations that go into the decision to move and could cost you thousands of dollars.
However, when you move to another state, there are hidden costs that you may not fully comprehend. Some of these costs are, in fact, new payments that need to be made, and others are “time is money” costs.
The Costs of Moving Besides Moving
Let’s dive below the surface level to consider all of the financial and logistical moves you are going to make when you move to another state.
Driver’s License and Car Registration
Although most states give you a grace period before getting a new driver’s license (for example, it’s 90 days when you move into Illinois), you still want to do that as quickly as you can because you are likely to need identification that has your current address on it for other chores.
There will be a fee to acquire a new driver’s license, and you may end up taking a test or two to get licensed. This can serve as your official government-issued ID card if you ever need to prove where you live. The average cost of a new driver’s license nationwide is $34, but it costs $89 to get a new license in Virginia.
Automobile Registration
You will need to register your vehicle(s) with the new state, getting new license plates and local registration stickers. Even if your license plate…
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