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Has the exchange rate changed your plans to emigrate.

Has the exchange rate changed your plans to emigrate.

Old Mar 1st 2008, 7:23 am
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Default Has the exchange rate changed your plans to emigrate.

Right roll call, Whos still emigrating.

With the current exchange rate, are never ending days of sun and surf still appealing or does Birmingham now look as appealing as Brisvegas.

Manchester or Melbourne, Kilburn or St Kilda.
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Old Mar 1st 2008, 7:26 am
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Default Re: Has the exchange rate changed your plans to emigrate.

Originally Posted by jad n rich
Right roll call, Whos still emigrating.

With the current exchange rate, are never ending days of sun and surf still appealing or does Birmingham now look as appealing as Brisvegas.

Manchester or Melbourne, Kilburn or St Kilda.
It doesn't matter how much money you've got so long as the sun is shining, right?
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Old Mar 1st 2008, 7:33 am
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Default Re: Has the exchange rate changed your plans to emigrate.

Originally Posted by renth
It doesn't matter how much money you've got so long as the sun is shining, right?
The alfresco lifestyle does seem suddenly rather less important

Someone needs to post some dolphins and parrots rather quickly
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Old Mar 1st 2008, 7:36 am
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Default Re: Has the exchange rate changed your plans to emigrate.

I never wanted the sea or sun anyway....we are moving for family reasons.

Saying that.....on exchange rates alone I have 'theoretically lost' a six figure sum

I will be very careful about where I put my money.

A further blow to us is that our pensions are paid in sterling so we will be worse off again......looks like I will have to start work again.

C'est la vie.

G
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Old Mar 1st 2008, 7:54 am
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Default Re: Has the exchange rate changed your plans to emigrate.

Were gonna leave the majority of our cash in a uk bank for as long as we can and hopefully things will improve, fingers cossed!

Jaime
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Old Mar 1st 2008, 8:00 am
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Default Re: Has the exchange rate changed your plans to emigrate.

Its one reason not to take the plunge,at least for the moment.
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Old Mar 1st 2008, 8:01 am
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Default Re: Has the exchange rate changed your plans to emigrate.

Originally Posted by Chris&Jaime
Were gonna leave the majority of our cash in a uk bank for as long as we can and hopefully things will improve, fingers cossed!

Jaime
check out the tax implications on that

*opens up another huge 'what tax am i liable for?' debate*
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Old Mar 1st 2008, 8:02 am
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Default Re: Has the exchange rate changed your plans to emigrate.

I think that australian mortgage rates are a bigger disincentive than the exchange rate for many.

Fortunately the saving's rate will work in my favour.

G
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Old Mar 1st 2008, 8:03 am
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Default Re: Has the exchange rate changed your plans to emigrate.

Originally Posted by stuckinblighty
check out the tax implications on that

*opens up another huge 'what tax am i liable for?' debate*
You will have to pay tax on the interest regardless of where you leave your money.

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Old Mar 1st 2008, 8:09 am
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Default Re: Has the exchange rate changed your plans to emigrate.

Originally Posted by Grayling
You will have to pay tax on the interest regardless of where you leave your money.

G
here we go ................
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Old Mar 1st 2008, 8:22 am
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Default Re: Has the exchange rate changed your plans to emigrate.

Originally Posted by stuckinblighty
here we go ................

No we dont

Tax threads do a search, this is a more interesting thead

What disappointed you about melbourne and what wasnt as you expected, could you summarise in 3/4 things.
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Old Mar 1st 2008, 8:31 am
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Default Re: Has the exchange rate changed your plans to emigrate.

Originally Posted by stuckinblighty
here we go ................
No.....simply making the point that it makes no difference whether you leave your money in the UK or take it to Australia as far as tax is concerned.

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Old Mar 1st 2008, 8:35 am
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Default Re: Has the exchange rate changed your plans to emigrate.

we're not going to have much to go with anyway, so it's not making any difference to us either way.

we will just have to deal with what we get. waiting here in the UK for the exchage rate to improve is not a good enough reason to stay here in our opinion.
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Old Mar 1st 2008, 8:39 am
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Default Re: Has the exchange rate changed your plans to emigrate.

Originally Posted by jad n rich
No we dont

Tax threads do a search, this is a more interesting thead

What disappointed you about melbourne and what wasnt as you expected, could you summarise in 3/4 things.
the weather (yep that old chestnut)
house prices (yep that old chestnut)
Price of most other things (yep that old chestnut)
It looked just like blighty (yep that old chestnut)
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Old Mar 1st 2008, 8:57 am
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Default Re: Has the exchange rate changed your plans to emigrate.

Originally Posted by stuckinblighty
the weather (yep that old chestnut)
house prices (yep that old chestnut)
Price of most other things (yep that old chestnut)
It looked just like blighty (yep that old chestnut)

Actually first time I saw melbourne I thought it looked very much like UK, May, wet, grey, graffiti, and far more multi cultural than i thought it would be, dont know, well probably cause I was a fresh pommy then I thought it would be lots of fit bronzed aussies, blonde people and super clean, palm trees, sunny , the fact that it was pretty much as multi cultural ( and grubby) as brum or manchester simply surprised me, didnt mind, just wasnt what the aussies in UK had led me to believe. Mind you partners brother picked up up and had a detour through some of the less swanky suburbs, nothing at all like I had expected
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