dotty

I reckon the almost 3 to one exchange rate played a big part in a lot of immigration plans.

This is a hypothetical question, if the pound/ dollar rate went below 2/1 would you still have considered immigrating.?? (Unlikely $ as that is)

Now remember girls and boys this is for fun, no killing each other.

gbarker

without a 2nd thought. The only downside would probably be the need to get a small mortgage, or to put off any plans to retrain once I got there. It would probably mean I would take the first job I could find, rather than be patient and find the right one.

james & bev

Absolutely we'd still go. Were doing it for totally different reasons than your mail infers (ie financial) and believe most people on this forum are the same. We are looking forward to the climate, outdoor lifestyle, and generally to having some new and different experiences.


James

hevs

For sure.
You can't put a price on space.

terryg

Being a pessimistic accountant, when I originally did my budget I included a rate of 2.50 in my computations. I cant see it dropping below 2.40 so no probs (we hope)

booboo1

yep

we have calculated on the basis of 2.50 dollars aswell. But if it fell below we would still go and perhaps consider a small mortgage if we had to. Hey, after waiting 14 years to go back there is not alot to stop me now.....

Cheers BooBoo

karawara88

Not a chance. !!

If the exchange was 2:1 I would be far better off here, the beauty of going to Oz is being able to buy a reasonable house outright or with a small mortgage, pay for a car, that way we choose when we want to work and how much of our time gets devoted to it. So spend more quality time together.

Buying a house with a substantial mortgage would mean we both "have" to work, which means earning less than we do here, so more likly to have to get second job or work longer hours, so that defeats the object of spending more time together.

Thats my thinking anyway,.
no doubt I will be shot down for it.

paulf

Yep, I agree if you,re in a position where money is the main factor and work is required by BOTH people full time, well it's pointless you could earn more here and move at a later date (age permiting). It seems everyone who is picking Brisbane will have enough money set aside so they wont have an aussie mortgage, I think they know realisticly work there will be very scarce.
And the chances are their UK qualifacations will be worthless and retraining will be required, during which time your savings will dwindle away because you,re not earning.
So every cent will count.

karen and andy

We would definately still go, there's more to it than just getting a good exchange rate. The space, the beauty, the future of our kids, spending time together and nice weather just to name a few.

cheers

Karen and Andy

dibrucewillis

Hopefully its going to stick around 2.4 to £.
I think there is a way that you can forward buy but I am not quite sure how it works .I would be prepared to consider this if the exchange rates continue to fall.

Diane

:scared:

WannabeWallaby

In a heartbeat! Its not the exchange rate that is the motivation, there are plenty of other reasons too.

footie chick

The exchange rate definately helps. In the present climate we can afford to change our life for the better. If things go pear shaped then uni loan awaits and business expansion. Amongst other things.

footie chick

joecan

It will definelty have a bearing on our decision. Have to be honest and say that certain aspects of Oz may not look so appealing if we can't come across with a whack of money, and get ourselves established. Not sure about exact figures, but much below 2.4 and we would probably be thinking hard.

kentcoast

I thought we had this discussion last week but, the answer's still no, when it comes down to it our main reason for going is probably the most trivial of any here - it's simply time for a change.

Perry

philj6969

Hi Dotty,

Yes we would still go at 2/1 but every cent drop hurts a lot! $5000.00 per cent to be precise!

Phil.