Industry Trends - NEI Global Relocation | Global Relocation Management Company
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First-Time Home Buyers Face Continued Headwinds

First-Time Home Buyers Face Continued Headwinds

Mobility Trends and Hot Topics

Low home inventories, high housing prices and interest rates have slowed younger, first-time buyers from both becoming homeowners and the potential wealth-building aspect of owning a home. Consider that: About 65 percent of American households own their own home. Between 2010 and 2020,...
Global Housing and DSP Shortages

Global Housing and DSP Shortages

Mobility Trends and Hot Topics

Global Housing Shortage Since Russia’s invasion of Ukraine, seven million refugees have fled to other countries. A continued challenge facing host locations accepting refugees is finding them safe, secure, and affordable housing as they settle in and find work or until they can return...
International Assignment Challenge: Global Banking

International Assignment Challenge: Global Banking

Mobility Trends and Hot Topics

In the many details to consider before an international assignment, global banking is never at the top of an assignees’ concerns during pre-departure planning. Yet, setting up a new bank account in a host country is critical to accessing their funds while on assignment and part of a...
Ginny Taylor Joins NEI as VP, Global Client Development

Ginny Taylor Joins NEI as VP, Global Client Development

NEI Global Relocation (NEI) is pleased to announce the appointment of Ginny Taylor as Vice President of Global Client Development for the Northeast.  In her role, Ginny will confer with corporations on their relocation policies, processes and specific needs to demonstrate NEI’s...
Celebrating Holidays on Assignment Promotes Adaptation and Enrichment

Celebrating Holidays on Assignment Promotes Adaptation and Enrichment

Mobility Trends and Hot Topics

Employees and families on assignment will experience new holidays and festivals and actively participating in them can be an enjoyable, educational way to adapt and enrichen a host country experience. Understanding and discovering new, host country holidays while celebrating your own away...
Faster Destination Integration = Happier Relocating Households

Faster Destination Integration = Happier Relocating Households

Mobility Trends and Hot Topics

Moving to a new city, state or country is exciting, but it’s not easy if one loves the location they are leaving or has deep roots and connections there. Finding friends, activities, and a community in the new destination is one of the biggest uncertainties and worries people face when...
Work-from-Home: Temporary Trend or Permanent Change?

Work-from-Home: Temporary Trend or Permanent Change?

"Necessity is the mother of invention" and today’s work-from-home trend is a great example. For decades, work-from-home – or “working remotely” – was seen as a one-off situation. That is, until the pandemic forced a huge swath of employees to continue...
Car Rental Challenges in Europe

Car Rental Challenges in Europe

Mobility Trends and Hot Topics

It’s understandable that US employees on assignment and driving in Europe may forget making a “right turn on red” is illegal in most countries. However, a bigger concern is the lack of automatic-shift rental cars and, if available, the extremely high prices. The Automatic...
Children's Schooling Factors for Today's International Assignments

Children's Schooling Factors for Today's International Assignments

Mobility Trends and Hot Topics

Family-related concerns still rank at the top of reasons for assignment refusal and early repatriations. NEI knows the challenges assignees and their families may face in the school selection and adjustment process. According to an article by Families in Global Transition, worries about a...
Mid-Year IRS Mileage Rate Change – Effective July 1, 2022

Mid-Year IRS Mileage Rate Change – Effective July 1, 2022

Industry Alert

Normally adjusted for inflation only once per year, the Internal Revenue Service (IRS) announced a rare, mid-year adjustment to the optional standard mileage rates for the second half of 2022. Taxpayers may use the optional standard rates to calculate the deductible costs of operating...
State Data Security & Privacy Regulations Increasing

State Data Security & Privacy Regulations Increasing

Mobility Trends and Hot Topics

Cyber threat trends in 2022 indicate everyone’s data is under a bigger threat than ever before. Of companies worldwide, 64 percent have experienced at least one form of cyber-attack and six in every ten attacks intended to extort money from companies and individuals. U.S. state...
Certain Relocation Tasks Sometimes Taking Longer Today

Certain Relocation Tasks Sometimes Taking Longer Today

Mobility Trends and Hot Topics

Once Routine, No Longer It’s exciting that 2022 relocation levels have roared back to pre-pandemic numbers, but with this increase, parts of the mobility workload have changed too. Before the pandemic, many routine tasks typically only needed a “one-time touch” or perhaps...
Transferee Relief for Rapidly Rising Interest Rates

Transferee Relief for Rapidly Rising Interest Rates

Mobility Trends and Hot Topics

Homebuyers today are feeling the financial pinch as rising interest rates compound affordability challenges brought on by record home value growth. This time in 2021, the average interest rate on a 30-year home loan was below 3 percent. In late April 2022, the 30-year mortgage rate surpassed...
Finding a Balance: Permanent vs Temporary Policy Changes

Finding a Balance: Permanent vs Temporary Policy Changes

Mobility Trends and Hot Topics

Simultaneous Directives “Attracting and retaining talent is tougher than it has ever been, workers are quitting at high rates. The lack of qualified candidates and a competitive market pose significant challenges,” reports Forbes Magazine. Knowing this, Global Talent and HR...
Five Tips Before Taking Your Furry Friends on International Moves

Five Tips Before Taking Your Furry Friends on International Moves

Mobility Trends and Hot Topics

At NEI, we believe pets are family too! Here are five tips to consider before relocating internationally with one’s pets: #1 Meet with your veterinarian Ask your vet to check on destination requirements for your pet’s vaccinations and quarantine rules. Ask your vet for advice...
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