Why Many Teachers Love To Raise Their Children Overseas


I’ve written about teachers who make a lot of money by working overseas. 

But many people ask, “What if you have kids?  What’s it like to raise kids overseas?”

Image by Pixabay

I’ve written my response, at AssetBuilder.com

onlinetaxman free consultation - US expat taxes made easy

essential reading for visitors to andrew hallam website

Andrew Hallam

I’m a financial columnist for Canada’s national paper, The Globe and Mail, as well as for AssetBuilder, a financial service firm based in Texas. I’m also the author of Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School (2nd Ed. Wiley 2017) and The Global Expatriate’s Guide To Investing: From Millionaire Teacher to Millionaire Expat (Wiley 2015). My mission is to educate, motivate and inspire people on basic retirement planning and best practices for investing, using evidence-based strategies. I'm happy to comment on your questions. However, please read the Terms of Use, Privacy Policy and the Comments Policy.

You may also like...

4 Responses

  1. Jason says:


    What is your option on school’s that force their employees to invest in places like Raymond James? American School of Dubai comes to mind. It’s sounds like they have a decent enough package until you read that, “ASD contributes 18.2% of the base salary into a Raymond James retirement program. Employees contribute 11.2% of the base salary into the Raymond James retirement program.”

    You mentioned an email exchange with a Raymond James’s financial advisors in 2014 in Expate’s Guide (pg. 160). Do these school school programs fall under the special “For International Teachers Only (pg. 159)”



    • Yes Jason! You could have Raymond James build you a portfolio of index funds for 1% per year. Considering that your school will also match part of your contribution, this should be a pretty good deal. But don’t let Raymond James push you into actively managed funds. They’ll do everything they can to do so. Hold your ground and show them my book. They promised me!

      I’m assuming you are American. They will only build portfolios of index funds for Americans. If you are not an American, they will push some really expensive funds on you. In that case, check this out: http://andrewhallam.com/2015/11/expatriate-canadian-teacher-in-dubai-will-get-a-168000-bonus/

      In fact, even if you are an American, perhaps you could do what Adrian did, using Interactive Brokers as your platform for a portfolio of ETFs. Your school is giving Adrian a “matching contribution.” Perhaps they could do the same for you.


  2. Ten Factorial Rocks (TFR) says:

    Good post Andrew. Raising children abroad makes them much more appreciative of cultural diversity and reduces the chance of a American-centric world view developing. Making an American child study in a local, relatively modest foreign school (not the Singapore American school types which gets rich kids) helps them even more in the long term in my view.

  3. John says:

    I agree with all the advantages mentioned, but, just to add some balance, I sometimes worry that my son will not have ‘roots’ especially given that we will leave Hong Kong when he finishes secondary school.

    Also, it can be frustrating when friends continually relocate….

Leave a Reply

Your email address will not be published. Required fields are marked *

Do NOT follow this link or you will be banned from the site!