Preparations
Get the facts
We recommend proper proper research beforehand to assure you that your children will enjoy their potential new home abroad. Find out more about the history, culture and customs of the destination, and the qualification equicalency of the school or university in your home country. This ensures they are in a good position when they return home.
Be their guide
Moving abroad is a big step in your child's life and it's an opportunity for them to become more independent. Feel free to help them with planning their overseas education, but be a guide rather than a decision maker. Let them make their own choices about courses and extra-curricular activities.
Plan to stay in touch
You and your children will surely miss each other. It's a good idea to plan your communication methods and frequencies so you always keep in touch. With email, SMS, video chat and social media there are a wide variety of choices.
It is unlikely that your children's new school or university will be located in a remote place, so don't fill their suitcases with absolutely everything. They need only take necessary things like clothes, toiletries and electronic devices like their laptop, tablet and cellphone. Prescribed medicines are of course essential. As for the rest, it'll be easier for them to buy once they arrive in their new country.
Prepare them for emergencies
It's normal to be worried about children going abroad to study. But you can feel more reassured by agreeing on certain procedures should anything go wrong – this might include what to do if they lose their valuables, have an accident or fall ill. You should have the contact details of your children's university and residence, while your children should list you as their emergency contact.
Plan your children’s finances
If you're an HSBC Premier customer, your child can take advantage of all the great benefits that come with the account.
- A bank account on their first day – international account opening is available in more than 30 countries and territories. You can make an appointment to open a bank account for your child so they're ready to go from the moment they land in their new country. (1)
- Emergency cash so your child is taken care of should they lose their debit or credit card. (2)
(1) Notice: International account opening is not available in all countries and is subject to approval based on local regulations and policies of country or application. Please consult with your local branch for more details of any additional regulations and policies should there be.
(2) To find out more details, please visit our branch or call the service line.
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Global experts' advice to help you capture global investment opportunities and mitigate investment risks to meet your diversified investment and wealth management needs. Our investment products include: Structured products, Dual Currency Investment and Enhanced Yield Investment, Overseas Investment Plan – Fund (launched by HSBC China), Overseas Investment Plan – Bond (launched by HSBC China), Overseas Investment Plan – Structured Notes (launched by HSBC China), and Local Unit Trust and Hong Kong Mutual Recognition of Funds.
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