Originally Posted by sirmatt101

From the lack of postings by Steve, I am presuming he has left our fair shores and is somewhere in Oz? If you are out there Steve, make a sign

Matt

Originally Posted by peewit

Hi K & M

Many thanks, that is really useful information and I will study it.
I do want to shift some assets to Australia but am waiting for the exchange rate to improve. It seems at the moment almost as if there is a magnet pulling the rate permenantly down.

Peewit

Originally Posted by jtct

Matt, I've just noticed you're only a few miles away from us (and share the same council - we're at the northern end of the borough). How are the saving plans going? I'm sure you'll make it there before we do - provided we can sell our house and get the illusive visa we hope to depart for adelaide in Spring 2012.

Congrats too Steve. Look forward to hearing how you are getting on in Oz.

Originally Posted by Chris-Rob-PTK

Hi Matt
I`m glad to say we haven`t had any real problems. We bought the car in the first week but had to have Oz licences for the rego, so it was a quick trip to the transport office and a few $+ to exchange our uk ones. We decided to rent instead of buying property ,no problems there ,but rentals are on a points system so you need paperwork to show you have owned property in the UK and paid all your final bills. The Rego on the car also adds to your points .We are lucky we have found a lovely house (bungalow) with an understanding owner that`s letting Rob garden and plant to his hearts content.. Chris

Originally Posted by miscellaneous

G'DAY Steve and a warm welcome to Melbourne.

...... try the Buderim Ginger Marmalade, I visited their factory while in QLD, and it is all made from ginger grown on local farms, a very interesting tour plus all their different products.

Best Wishes from another Melbourne Expat
Elaine

Originally Posted by sirmatt101

....we have lived in an American RV Motorhome so don't have any recent points gaining support....

Cheers

Matt

Originally Posted by Barbaran

Well done you! So lovely to hear from you Steve from the other side of the world. Now this is when you can help us all more by blogging your experiences. Have you bought your overseas burial plot yet?

Originally Posted by Les Avalook

Not the one with 'Spending the Kids inheritance sticker on the back?



Matt, last year we spoke to Ray White (may not have been 'the' man ) and we told them we have never rented and was told that would not be a problem.

Originally Posted by miscellaneous

G'DAY Steve and a warm welcome to Melbourne.

So glad you are back on line. and a big thank you for all your expertise, comments, and not least your Tracker. It has definately helped to propel me along to this last stage.

As well as Vegemite, try the Buderim Ginger Marmalade, I visited their factory while in QLD, and it is all made from ginger grown on local farms, a very interesting tour plus all their different products.

Best Wishes from another Melbourne Expat
Elaine

Originally Posted by sirmatt101

No wonder you are so ecstatic

I imagine you stopped off and bought a supply of the "Brown Stuff" on the way from the airport?

Good luck

Matt

Originally Posted by sandch

Thanks Elaine!

What do you mean as well as Vegemite? Ginger marmalade sounds pretty interesting though - we'll look out for some!



[I]Best wishes from a sunny (and expected 30 degree) Melbourne[/I].

Steve

Originally Posted by K and M

Hi Peewit,
Life is not as easy as that I am afraid , you need to have a clear understanding of the difference to non residence (Ex Pat) and Non Domiciled, below is a cote from the Tax Cafe Non-Resident & Offshore Tax Planning guide www.taxcafe.co.uk
I have bought their guides before and they are very good.

Also understand that even after leaving UK you are still liable to IHT on your UK assets, carrying out the items below will avoid paying IHT on your World Wide assets.

Hope it helps



HOW TO LOSE YOUR UK DOMICILE

You should take as many of the following steps as possible to show
evidence of an intention to acquire a new domicile of choice:

Take up nationality in the new country.
Join clubs and other social organisaorganizationsnew country.
Dispose of UK investments.
Resign from clubs in the UK.
Close UK bank accounts.
Buy an overseas burial plot.
Avoid subscriptions to British newspapers.
Dispose of all UK private residences.
Buy a new residence in the new country.
Make a will under the laws of the new country.
Build up a new circle of friends in the new country.
Avoid retaining directorships in the UK.
Exercise any vote in the new country.

It should be noted that none of the above factors are in themselves
conclusive. However, Revenue and Customs will look at all the
factors that can be put in evidence to determine whether there is a
real intention to reside permanently in the new country.

Obtaining a non-UK domicile of choice does not protect you
completely from UK inheritance tax. You will still be liable to tax
on your UK assets. If the value of these assets is less than the nil
rate band (currently £325,000) it is probably not worth taking any
further action, unless you expect your assets to rise significantly in
value.

Originally Posted by sandch

We overlooked one thing folks (well only one so far but watch this space).

In Victoria, if you have entered on a permanent visa you can drive for 6 months after first entry on the permanent visa on your UK license, then you have to get a Vic one.

So if you travel to validate, the 6 months starts then. If your next visit is outside that initial 6-month period, you have no valid license on which to drive.

So, having discovered that, we've booked in at Werribee on Friday to get it sorted. Should have done it in September 2009! And I expect someone has commented on it in these threads in the past and I missed it. I dont know what the other state rules are.

So remember - it may be better to get the driving license sorted out on the validation trip.