Move a VM to another location.

Hi Guys

I have to move a VM from one site to another and was wondering what the best way to go about this would be .

Can I simply clone the VM and download the the files from the datastore to a external drive ,take the drive to the new location ,upload to the datastore and open the VM on the new host ?

Not sure what the best way to go about this would be and would much appreciate any advice ?

Thanks and regards

Clint..