For many Australian doctors, undertaking fellowship training overseas is an exciting opportunity to gain world-class experience, expand professional networks and bring new skills back home.
There is no doubt that you’ve taken into consideration all the factors involved in choosing the right Fellowship Program such as application requirements, accreditation and recognition, program structure and duration etc.
But as with anything, there’s always “more” to take into consideration. So, if an overseas Fellowship is on your radar, planning ahead is essential to ensure a smooth transition. Here’s everything you need to know before making the move.
Planning your income expectations in advance is important and something to get on top of before you commence your Fellowship. Training overseas can be expensive, especially if it’s unpaid or stipend-based. Further, you may have expenses to cover back home when you’re abroad as well as tax consequences.
Many doctors seek scholarships, sponsorships, or locum work opportunities to supplement income. Some Australian medical colleges also offer funding support for overseas training.
It may also be an option to secure an Overdraft Facility to fund your Fellowship. This can provide flexible access to funds, helping you manage costs such as relocation, accommodation, and study-related expenses. Overdrafts can offer a short-term financial cushion while you focus on training, ensuring you maintain financial stability throughout your fellowship. Consulting a medical finance specialist can help determine the best funding solution tailored to your needs.
Doctors who already have a home loan may need to consider the structure of repayments on your loan or perhaps look at renting out the property while they are away. Talk to your lending specialist about what options are available.
Expenses to plan for include:
Application fees, visa costs, and exam expenses
Living expenses in the host country, including relevant insurance
Potential relocation costs for family members
Management of your property if you are a homeowner, including whether you will rent it out or not
Tax payment
Practicing medicine in a different healthcare system means adapting to new clinical guidelines, technologies, and patient expectations. Consider:
Differences in hospital workflows and electronic medical records – Familiarise yourself with the technology and administrative systems used in your host country’s hospitals or clinics.
Ethical and legal responsibilities in the new country – Understand any variations in medical regulations, consent processes, and legal obligations.
Cultural communication skills for patient interactions – Language barriers, cultural differences, and varying patient expectations can impact doctor-patient relationships. Taking cultural competency training or language courses may be beneficial.
Work-life balance and mental health – The pressure of adapting to a new environment, being away from family, and handling clinical responsibilities can be overwhelming. Prioritise self-care, establish a local support system, and consider joining expat or professional medical networks to stay connected.
Networking and career progression – Building relationships with peers and mentors can open doors for future collaborations and job opportunities. Attend local conferences, join professional organisations, and engage with the broader medical community to maximise the experience.
When it comes to returning to Australia, ensure your overseas training aligns with the requirements of the Australian specialist colleges to facilitate smooth re-entry. Some doctors may need additional assessments or supervised practice upon returning. Consider:
Recognition of overseas experience – Check with your relevant medical college regarding recognition of your fellowship training.
Registration and licensing – Ensure that you meet the necessary criteria for re-registration with AHPRA and any specialist college requirements.
Career opportunities – Plan ahead for job applications, networking, and reintegration into the Australian healthcare system.
With the right planning, an international fellowship can be a career-defining experience that enhances your medical expertise and global perspective. If you’re considering this path, start preparing early to make the most of this exciting opportunity.
If you're considering an overseas Fellowship and need financial support, as a specialist medical lender, Credabl offers tailored funding solutions. Speak to a member of our team today to explore the best options for you.