Expatriation, MCN, HCN, and TCN and Explain the process of expatriation and Repatriation
1. sushmitha g. s.
2nd M.com.
Under the guidance of
Sundar B. N.
Asst. Prof. & Course Co-ordinator
GFGCW, PG Studies in Commerce
Holenarasipura
2. What is expatriation:
The employees expatriation (the transfer of
a professional to work in a foreign company’s unit for a
certain or not), is an usual strategy adopted by
companies. Which have operations in more than one
country and aims to expand markets. Provide
international concern to their employees, transfer specific
knowledge. Fill the needs of specialized workers.
Leadership development, implementation of new projects
etc……..
3. MCN(Mother country national):
When a company of a country recruits
employee from its own country is known as
Mother country national. Here the country is
called parent country or mother country.
Example:
When a Indian international
company , recruits employees from india.
4. HCN (HOST COUNTRY NATIONAL):
When a company of a country runs their
business in onother country and recruits employees from
that country then it is known as HCN. Here the second
country is the host country.
Example: when a Bangladeshi company runs their
business in india and recruits indian citizens for their
organisation.
5. TCN(THIRD COUNTRY NATIONAL):
They are the citizens of one country employed by a
company from another country who worked in a third
country.
Example:
When a Bangladeshi from recruits Employee
from india for their Canada branch.
6. Explain the process of Expatriation:
1.Finding
work.
2.Gather
all the
necessary
paperwork.
3.Know
your host
country.
4.Think of
your
health.
5.Learn the
basics of
the
language.
7. 1. FINDING WORK:
The chances of finding work abroad are fortunately
increasingly high ; you can go abroad with programms such
as VIE( volunteer for international experience ) , apply for a
working holiday visa, become a voluntary worker abroad, do a
humanitarian mission, ask your boss to move to a branch
abroad, or you could do an intership in a company as part of
your studies.
8. 2.GATHER ALL THE NECESSARY PAPER WORK:
Different documents will have to be
prepared and applied for generally, at the embassy as
required by the host country.
VISA, Work permit, special pass port
regulations,etc…..
you should able to find out all the
requirement at the embassy of the country.
9. 3.Know your host country:
Essential things to know for a smooth
expatriation process :find out its currency (the
exchange rate,what you can do with
,let’say$500etc)primary language,living
conditions,culture,difficulties that often arise
there,ect.
10. 4.Think of your health:
Prior to departure,you should have a full health
check-up and be vaccinated depending on what is
required/recommended in websites such as this one.
Also ,don’t your vaccinated certificate .It could be
useful .It’s important to have medical insurance to help
you out in case of an emergency.
11. 5.Learn the basics of the language:
Another important step in the expatriation process is to
start learning the language before getting there to facilitate
your integration in your host country as early as possible .
The minimum you should know is convertion
expressions of politeness and basic ,useful vocabulary.
12. What is Repatriation :
Repatriation refers to converting any
foreign currency into one’s local currency.
Repartriation sometimes becomes
necessary due to business transactions,foreign
investments,or international travel.
13. Explain the process of Repatriation:
1.Preperation.
2.Physical relocation.
3.Transition.
4.Readjustment.
14. 1.PREPERATION:
Before 3-4 months of expatriate return.
Devoloping plans for future and info about new position.
Checklist of items before leaving (closure of bank a/c, bills
etc..)
2. physical relocation:
Removal of personal belongings, breaking ties with friends,
colleagues before returning.
Re-entry training for home country’s update, socio-
cultural contrast orientation, psychological aspects etc….
15. 3.Transition:
Finding accommondations, school for children,
opening bank a/c etc.. For comfortable living.
Relocation consultants used.
4.Readjustment:
coping with aspect as company changes, reverse culture
shock and career demands.
example: Repatriation returning from country where
power distance is large as Thailand may experience stress on
returning to small power distance countries like Denmark.
16. Conclusion:
Expatriation is a great adventure
you gain autonomy, an open mind, and
new experiences, but it’s always best to
think through the expatriation process
thoroughly.